With US stock futures trading higher this morning on Wednesday, some of the stocks that may grab investor focus today are as follows:
Wall Street expects CarMax, Inc. to report quarterly earnings at $0.72 per share on revenue of $7.42 billion before the opening bell. CarMax shares slipped 0.1% to $59.36 in after-hours trading.
Micron Technology, Inc. reported downbeat results for its first quarter and issued weak earnings forecast for the second quarter. The company also announced plans to lay off 10% of its workforce next year. Micron's shares fell over 2% in premarket tradingThursday.
Analysts are expecting Paychex, Inc. to have earned $0.95 per share on revenue of $1.19 billion for the latest quarter. The company will release earnings before the markets open. Paychex shares rose 0.4% to $115.25 in the after-hours trading session.
Tesla Inc is offering discounts on Model 3 and Model Y vehicles delivered in the United States and Canada this month, sales pages on its website showed on Wednesday, amid concerns the automaker is facing softening demand as economies slow. Tesla shares climbed 1% in premarket trading.
Under Armour, Inc. named president of Marriott International, Stephanie Linnartz, as its new president, CEO and member of its board, effective Feb. 27. Under Armour shares fell 0.4% to $8.60 in the after-hours trading session.