Bed Bath & Beyond, Bill.com, Deere, Microvast And More: U.S. Stocks To Watch

Benzinga2022-08-19

With US stock futures trading lower this morning on Friday, some of the stocks that may grab investor focus today are as follows:

  • Bed Bath & Beyond Inc (NASDAQ:BBBY) shares dropped sharply in Friday's premarket session after a new SEC filing confirmed that GameStop chair Ryan Cohen sold his stake in the home furnishings retailer. The company’s CFO Gustavo Arnal also sold 55,013 shares at an average price of $25.52 per share, according to a SEC filing. Bed Bath & Beyond shares tumbled 40.6% to $11.02 in premarket trading session.
  • Bill.com (NYSE:BILL) rose 19.7% to $178.80 in premarket trading Friday after it said its fiscal fourth-quarter revenue surged and it expects that momentum to continue in fiscal-year 2023.
  • Microvast (NASDAQ:MVST) rose 5.1% to $2.67 in premarket trading Friday; Oppenheimer initiates coverage with an Outperform rating and a price target of $8.00.
  • Wall Street expects Deere & Company (NYSE:DE) to report quarterly earnings at $6.65 per share on revenue of $12.87 billion before the opening bell. Deere shares fell 0.2% to $367.27 in premarket trading Friday.
  • Applied Materials, Inc. (NASDAQ:AMAT) reported better-than-expected results for its third quarter. The company also said it sees Q4 adjusted earnings of $1.82 to $2.18 per share on sales of $6.25 billion to $7.05 billion. Applied Materials shares gained 0.7% to $109.03 in premarket trading Friday.
  • Analysts are expecting Foot Locker, Inc. (NYSE:FL) to have earned $0.81 per share on revenue of $2.08 billion for the latest quarter. The company will release earnings before the markets open. Foot Locker shares fell 1.5% to close at $31.98 on Thursday.
  • Analysts expect The Buckle, Inc. (NYSE:BKE) to post quarterly earnings at $0.89 per share on revenue of $304.33 million before the opening bell. Buckle shares rose 0.9% to $34.00 in after-hours trading Thursday.
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