(12/15) Friday's Pre-Market Stock Movers & News Good Morning Stockaholics! Happy Friday! STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP: YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: NEXT WEEK'S ECONOMIC CALENDAR: (T.B.A. THIS WEEKEND.) MOST ACTIVE TRENDING DISCUSSIONS (STOCK SYMBOLS ARE CLICKABLE!): BONK.X BONK RIVN Rivian Automotive Inc COST Costco Wholesale Corp RKLB Rocket Lab USA Inc BRLI Brilliant Acquisition Corp ENPH Enphase Energy Inc GE General Electric Co. AUPH Aurinia Pharmaceuticals Inc CVNA Carvana Co. GOTU GSX Techedu Inc NEXT WEEK'S IPO'S: NEXT WEEK'S EARNINGS CALENDAR: THIS MORNING'S PRE-MARKET EARNINGS RELEASES: ($COST $LEN $DRI $SCHL $MESA $RICK $NX) BEFORE TODAY'S MARKET OPEN: THIS AFTERNOON'S AFTER-HOURS EARNINGS RELEASES: (NONE.) AFTER TODAY'S MARKET CLOSE: (NONE.) YESTERDAY'S ANALYST UPGRADES/DOWNGRADES: YESTERDAY'S INSIDER TRADING FILINGS: TODAY'S DIVIDEND CALENDAR: THIS MORNING'S PRE-MARKET STOCK NEWS MOVERS: source: cnbc.com Costco Wholesale — Costco shares added 2.7% after the wholesale retailer posted quarterly numbers that beat analyst expectations. The company also announced a special dividend of $15 per share. Lennar —The homebuilder slipped 2.4% despite posting fourth-quarter results that topped Wall Street analyst expectations. New orders also surpassed estimates, but Lennar posted lower-than-expected gross margins on homebuilding. Solar stocks — A handful of solar stocks rose on Friday after Jefferies initiated coverage with buy ratings, citing declining solar equipment costs and incentives from the Inflation Reduction Act. First Solar jumped 3.5%, while Sunrun and Enphase Energy popped 4.4% and 5.1%, respectively. Darden Restaurants — Shares of the Olive Garden owner slipped 1% on mixed quarterly results. Darden posted adjusted earnings of $1.84 per share, topping the $1.74 expected by analysts polled by LSEG. Revenue came in at $2.73 billion, slightly short of the $2.74 billion expected. Scholastic — Shares of the publisher and distributor of children’s book tanked about 12% after posting a year-over-year decline in revenue. Scholastic also trimmed its full-year guidance. Quanex Building Products — Shares of the original equipment manufacturer were down over 8% despite a fourth-quarter earnings beat. Quanex reported adjusted earnings of 95 cents on revenue of $295.5 million, topping the 70 cents per share on $291.0 million that analysts polled by FactSet had expected. The company failed to give “premature” guidance and said it would revisit it next year when it reported first-quarter earnings. Tractor Supply — Shares slipped 2.1% after Bank of America downgraded the retailer to underperform from neutral. The bank said demand and pricing challenges would pressure earnings and investor sentiment. Colgate-Palmolive — Shares added 1% after being upgraded by Bank of America Securities to buy from neutral. The bank said it expects Colgate-Palmolive to see U.S. volume and market share turning positive, above-average emerging markets growth and margin expansion. Have a happy trading day to everyone in here on this Friday!
