US PRE-MARKET MOVERS: FDX, SMCI, NXST, TGNA, PL, UL, MKC, ARM, CMG, FIGS
SourceNewsquawk
SectionUS Equities
ES -0.4% NQ -0.5% RTY -0.4%
- FDX +7.2%: Topped earnings expectations; raised outlook.
- SMCI -26.5%: US probe into workers about NVDA chips illegally diverted to China.
- NXST +1.3%, TGNA +9.4%: DOJ clear the NXST acquisition of TGNA.
- PL +17.3%: Earnings beat w/ outlook strong.
- UL +1.3%, MKC +0.5%: UL in talks to separate its food business and combine it with MKC in an all-stock deal.
- ARM +2.6%: Double upgraded at HSBC.
- CMG +1.2%: Upgraded at Mizuho to 'Outperform' from 'Neutral'.
- FIGS +5.5%: Upgraded at Oppenheimer to 'Outperform' from 'Perform'.