Written by Peter Norse
Investing.com – Stocks in focus in premarket trading on Friday, Sept 16. Please update for updates.
FedEx NYSE stock fell: 20% after the delivery giant withdrew its financial forecasts that had been released just three months ago, expressing concerns that slowing global growth will affect shipping volumes.
- Uber (NYSE: 🙂 Stock (NYSE: 3.9%) fell after the passenger carrier said it was in contact with law enforcement agencies after a hacker claimed widespread access.
- General Electric (NYSE): NYSE (NYSE) stock fell 4.3% after CFO Dybeck Happe said the industry group continues to face bottlenecks in the supply chain that are making it more difficult to deliver products to customers on time.
the difference (NYSE: 🙂 (NYSE) stock fell 1.1% after Kanye West announced it was seeking to end the partnership between his Yeezy company and the apparel chain, saying it had failed to meet its contract obligations.
- NCR (NYSE:) stock fell 17% after the tech company announced plans to separate into two independent publicly traded companies.
Adobe (NASDAQ 🙂 (NASDAQ) stock fell 2.4% after Bank of America downgraded the software company to “neutral” from “buy,” saying it was looking for clarity on its recent acquisition.
bed bath behind (NASDAQ:) (NASDAQ:) stock is down 1.8% as the struggling home goods retailer is set to close about 150 stores as it stabilizes its finances.
Invesco (NYSE::) (NYSE: 0.9%) stock fell after the US asset manager’s Chinese joint venture pointed to economic risks ahead even as it attracted $5.4 billion from local investors in the first half of the year.