(12/20) Wednesday's Pre-Market Stock Movers & News Good Morning Stockaholics! Happy Wednesday! STOCK FUTURES NOW: YESTERDAY'S MARKET HEAT MAP YESTERDAY'S S&P SECTORS: TODAY'S ECONOMIC CALENDAR: THIS WEEK'S ECONOMIC CALENDAR: MOST ACTIVE TRENDING DISCUSSIONS (STOCK SYMBOLS ARE CLICKABLE!): FDX Fedex Corp AUPH Aurinia Pharmaceuticals Inc HBAR.X Hedera Hashgraph SQQQ ProShares UltraPro Short QQQ AVXL Anavex Life Sciences Corporation DWAC Digital World Acquisition Corp INJ.X Injective Protocol NEAR.X Near SPY SPDR S&P 500 ETF GIS General Mills, Inc. THIS WEEK'S IPO'S: THIS WEEK'S EARNINGS CALENDAR: ($NKE $MU $CCL $FDX $HEI $CTAS $ACN $GIS $BB $KMX $FCEL $AIR $SCS $WOR $LIVE $MLKN $QIPT $EPAC $FDS $AVO $CETX $WGO $PAYX $LMNR $TTC $APOG $OGI $KNW $SHIM) THIS MORNING'S PRE-MARKET EARNINGS RELEASES: ($FDX $GIS $SCS $WGO $LIVE $WOR $EPAC $TTC $SHIM $KNW) BEFORE TODAY'S MARKET OPEN: THIS AFTERNOON'S AFTER-HOURS EARNINGS RELEASES: AFTER TODAY'S MARKET CLOSE: 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 FedEx — Shares of delivery company fell more than 10% after FedEx’s fiscal second quarter missed estimates on the top and bottom lines. FedEx reported $3.99 in adjusted earnings per share on $22.17 billion of revenue. Analysts surveyed by LSEG were expecting $4.18 per share and $22.41 billion of revenue. FedEx also lowered its full-year revenue guidance. General Mills — Shares of the food products company fell 3% after General Mills reported revenue for its fiscal second quarter that was light of expectations. General Mills report $5.14 billion in revenue, while analysts surveyed by LSEG were expecting $5.35 billion. Organic net set sales were down 2% year over despite stronger pricing. Salesforce — Shares declined 1.3% after Wells Fargo on Wednesday downgraded Salesforce to equal weight from overweight as it evaluates stocks that will benefit from what it expects will be a steady shift toward growth in 2024. Winnebago — The recreational vehicles stock fell more than 4% after Winnebago’s earnings for the fiscal first quarter missed expectations. The company reported $1.06 in earnings per share, while analysts surveyed by StreetAccount expected $1.18 per share. Revenue fell nearly 20% year over year. Argenx — Shares of the Netherlands-based biotech company slid 23.5% after its therapy for an autoimmune condition that causes skin blistering failed to create significant results in a late-stage trial. UPS — Shares of the logistics and delivery company dipped 3% after rival FedEx reported disappointing second quarter quarter results. Marathon Digital — Shares of the crypto mining company rose 2%, building on its gain of 10.5% from Tuesday. That gain came after Marathon announced that it was acquiring bitcoin mining sites. Have a happy trading day to everyone in here on this Wednesday!
