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Macy's, Krispy Kreme, Dave & Buster's fall premarket; GameStop rises

investing.com 11/12/2024 - 12:57 PM

US Stock Futures Unchanged Amid Inflation Data Concerns

US stock futures remained steady on Wednesday as investors awaited November's consumer inflation report.

Major Premarket US Stock Movers:

  • Macy’s (NYSE:M): Stock fell 10% after lowering its annual profit forecast due to weak holiday demand.

  • Krispy Kreme (NASDAQ:DNUT): Stock declined 1.2% following reports of unauthorized IT activity disrupting operations, including online orders.

  • Alphabet (NASDAQ:GOOGL): Increased 0.5%, building on a previous 5% gain after releasing news on a quantum computing breakthrough.

  • Dave & Buster’s Entertainment (NASDAQ:PLAY): Stock dropped 15% after CEO Chris Morris's exit was announced amid disappointing Q3 results.

  • Figs (NYSE:FIGS): Rose 11% after a proposal from Story3 Capital Partners to take the company private was reported.

  • GameStop (NYSE:GME): Gained 1.1% after reporting a profit for Q3, aided by cost-saving measures.

  • General Motors (NYSE:GM): Up 1.3% after announcing it would cease robotaxi development at its struggling Cruise unit.

  • GE Vernova (NYSE:GEV): Slipped 2.3% as CEO expressed caution regarding the wind sector's outlook despite turbine installations resuming.




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