Investing.com
Published Dec 02, 2021 07:56AM ET
By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Thursday, December 2nd. Please refresh for updates.
Apple (NASDAQ:AAPL) stock fell 2.8% after Bloomberg reported that demand for the tech giant’s latest batch of iPhones is weakening due to price and availability issues.
Boeing (NYSE:BA) stock rose 5% after China's aviation authority issued an airworthiness directive on the 737 MAX plane, potentially allowing the return of this key model to service in China after more than two and a half years.
Snowflake (NYSE:SNOW) stock soared 14% after the data platform provider reported strong fourth-quarter guidance, reporting upbeat third-quarter results bolstered by its international expansion.
Splunk (NASDAQ:SPLK) stock rose 0.7% after the software company recorded its first quarter with over $1 billion in annual recurring revenue, with the Cloud accounting for a record 68% of its software bookings.
Okta (NASDAQ:OKTA) stock rose 2% after the cloud identity management company reported strong third-quarter results, posting revenue growth of 61% from last year and beating its own guidance.
Simon Property Group (NYSE:SPG) stock rose 1.4% after Morgan Stanley (NYSE:MS) reiterated an ‘outperform’ rating on the real estate group, saying its recent dip creates an attractive entry point, with more than 20% upside.
Written By: Investing.com
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