DocuSign, Zscaler, T-Mobile US Rise Premarket; Smith & Wesson Falls

  • Investing.com
  • Stock Market News
DocuSign, Zscaler, T-Mobile US Rise Premarket; Smith & Wesson Falls
Credit: © Reuters.

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, September 9th. Please refresh for updates.

  • DocuSign (NASDAQ: DOCU ) stock rose 16.9% after the software company posted better-than-expected second quarter results and raised its subscription revenue guidance for the year.

  • Smith & Wesson (NASDAQ: SWBI ) stock fell 5.4% after the gunmaker posted quarterly results that underscored a drop in consumer demand following a surge two years ago.

  • Zscaler (NASDAQ: ZS ) stock rose 14% after the cybersecurity firm’s fiscal fourth-quarter results topped expectations and its 2023 outlook impressed on cloud growth.

  • T-Mobile US (NASDAQ: TMUS ) stock rose 1.6% after the wireless carrier announced a $14 billion share buyback program that will run until September next year.

  • Hershey (NYSE: HSY ) stock rose 0.7% after the chocolate giant announced plans to spend $90 million to open two new production lines in Mexico, with the expansion set to increase output by 25%.

  • Navient (NASDAQ: NAVI ) stock fell 2% after Barclays downgraded its investment stance on the student loans servicer to ‘equal weight’ from ‘overweight’, citing risks attached to the administration’s student debt forgiveness plan.

  • Regeneron (NASDAQ: REGN ) stock rose 1% after Morgan Stanley upgraded its stance to ‘overweight’ from ‘equal weight’, saying the pharmaceutical company’s stock could rally 20% after promising eye drug results.

  • Virgin Galactic (NYSE: SPCE ) stock fell 2.9% after Bernstein downgraded its stance on the space travel company to ‘underperform’ from ‘market perform’, as its space flights get further delayed.

  • Caterpillar (NYSE: CAT ) stock rose 1.5% after the heavy equipment manufacturer reached a settlement with the IRS over a back-taxes dispute.

Add Chart to Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Drop an image here or Supported formats: *.jpg, *.png, *.gif up to 5mb

Error: File type not supported

Drop an image here or

100
Please try another search

Related Articles