{"id":117174,"date":"2024-10-22T20:14:45","date_gmt":"2024-10-22T13:14:45","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=117174"},"modified":"2024-10-22T20:14:45","modified_gmt":"2024-10-22T13:14:45","slug":"stocks-making-the-biggest-moves-premarket-cake-shw-mmm","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=117174","title":{"rendered":"Stocks making the biggest moves premarket: CAKE, SHW, MMM"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell. Cheesecake Factory \u2014 Shares gained more than 3% after activist investor JCP Investment Management built a stake in the company and asked it to consider spinning off three of its brands into a separate company. General Motors \u2014 Shares were down slightly even after the automaker reported third-quarter results that beat analyst expectations. The company earned an adjusted $2.96 per share on revenue of $48.76 billion. Analysts polled by LSEG expected a profit of $2.43 per share on revenue of $44.59 billion. GM also raised its full-year outlook. SAP \u2014 U.S.-listed shares of the enterprise software provider gained more than 3% after the company posted a third-quarter earnings and revenue beat. SAP also increased its full-year cloud and software revenue guidance. GE Aerospace \u2014 The defense company fell nearly 5% after missing on revenue in the third quarter. GE Aerospace reported adjusted revenue of $8.94 billion, while analysts had estimated $9.02 billion, according to LSEG. Adjusted earnings per share of $1.15 beat consensus forecasts by just 1 cent. Deckers Outdoor \u2014 The footwear and apparel maker&#8217;s stock shed 2.9% following a downgrade at BTIG to neutral from buy. The firm said signs of moderating growth put shares at risk. First Solar \u2014 Shares advanced 1.8% on the back of Citi&#8217;s upgrade to buy from neutral. Citi said First Solar should benefit regardless of who wins the U.S. presidential election next month. AppLovin \u2014 The application technology stock was up 1% after Loop Capital initiated coverage of the stock with a buy rating. Analyst Rob Sanderson said the company provided &#8220;indispensable infrastructure for the mobile gaming industry&#8221; and could be a key play for investors wanting exposure to big data and artificial intelligence. 3M \u2014 Shares of the industrial company rallied 5% after 3M posted third-quarter earnings of $1.98 per share of revenue of $6.07 billion. Analysts had expected earnings per share of $1.90 on $6.06 billion in revenue, according to LSEG. Zions Bancorporation \u2014 Shares of the Utah-based regional bank rose more than 2% after a stronger-than-expected quarterly report. Zions generated $1.37 in earnings per share on $792 million of revenue. Analysts surveyed by LSEG were looking for $1.17 in earnings per share on $779 million of revenue. Zions&#8217; net interest margin rose year over year. Nucor \u2014 Shares of the steel production firm slipped nearly 3% after Nucor said it expects its GAAP earnings per share for the current period to decline versus the previous quarter. Despite this, the company posted a third-quarter adjusted earnings and revenue beat. Danaher \u2014 Shares rose 1.8% after the life sciences and diagnostics company posted third-quarter results that beat expectations. Danaher attributed the strong numbers to &#8220;positive momentum&#8221; in its bioprocessing business. Sherwin-Williams \u2014 The paint manufacturer dipped 6.5% after posting disappointing third-quarter results. Sherwin-Williams reported adjusted earnings of $3.37 per share, lower than a StreetAccount estimate of $3.55 per share. Its $6.16 billion revenue also came below the $6.20 billion Wall Street estimate. \u2014 CNBC&#8217;s Sean Conlon, Michelle Fox, Alex Harring, Fred Imbert, Hakyung Kim, Sarah Min and Jesse Pound contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cnbc.com\/2024\/10\/22\/stocks-making-the-biggest-moves-premarket-cake-shw-mmm.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell. Cheesecake Factory \u2014 Shares gained more than 3% after activist investor JCP Investment Management built a stake in the company and &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=117174\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-117174","post","type-post","status-publish","format-standard","hentry","category-business","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/117174","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=117174"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/117174\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117174"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117174"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117174"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}