Stocks to Watch: Disney, Constellation, Micron -- WSJ

Dow Jones04-09 17:20

By WSJ Staff

Micron Technology $(MU)$: The memory-chip maker's stock slumped more than 2.5% premarket, putting it on track to unwind some of the 7.7% gain it logged yesterday amid hopes that the Middle East cease-fire would unlock supplies of helium, which is key to chip production. Shares of other data-storage companies, including Western Digital $(WDC)$ and Sandisk $(SNDK)$, also retreated before the bell.

Walt Disney $(DIS)$: The entertainment company is planning to make sizable layoffs in one of the first significant moves under new CEO Josh D'Amaro, The Wall Street Journal reported last night. Shares inched lower premarket.

Constellation Brands $(STZ)$: The U.S. importer of Modelo and Corona beers logged lower revenue in its latest quarter as demand for its alcohol remains weak. Shares retreated in thin premarket trading.

Seven & i Holdings (JP:3382): The owner of 7-Eleven warned of a drop in annual profit and said it would delay the planned IPO of its North American convenience-store business. Shares slid in Tokyo.

Occidental Petroleum $(OXY)$, Exxon Mobil (XOM): Shares of energy companies advanced premarket alongside oil prices, on pace to reverse some of yesterday's steep losses sparked by the cease-fire.

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April 09, 2026 05:20 ET (09:20 GMT)

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