Pre-market movers: Lamb Weston +4.84%, Shopify +3.96%
2 large US stocks gapping 3% or more before the open, with the filings and headlines behind each move.
The short version
- LW +4.84% pre-market.
- SHOP +3.96% pre-market.
As of 9:07 AM ET on Tuesday, 6 October, 2 US-listed companies worth at least $2 billion were trading 3% or more away from the last close in pre-market dealing, among the stocks we track and the companies reporting earnings around this session. Pre-market prices are thin and can change sharply by the 9:30 AM ET open.
Lamb Weston (LW) +4.84%
Lamb Weston was indicated at $46.73 before the open, up 4.8% from its last close of $44.57. Coming into the session the stock was up 6.4% this year. It is on the earnings calendar for Tuesday, 6 October, before the open, with a consensus EPS forecast of $0.59. The latest headline, from MT Newswires: “Lamb Weston Fiscal Q1 Adjusted Earnings, Sales Rise; Fiscal 2027 Outlook Boosted”.
Shopify (SHOP) +3.96%
Shopify was indicated at $166.45 before the open, up 4.0% from its last close of $160.11. Coming into the session the stock was down 0.5% this year. The latest headline, from Investing.com: “TSX futures point higher amid easing bond selloff, oil price drop”.
Figures: Nasdaq pre-market quotes, Yahoo Finance closes, SEC EDGAR, Nasdaq earnings calendar (Zacks). Pre-market prices are indications, not closing prices.
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