Premarket Stock Movements Highlight Key Market Trends
In the premarket trading session, several stocks are making notable moves:
Boeing
The aerospace giant saw a decline of 1.3% following the release of preliminary fourth-quarter financial results, which revealed ongoing difficulties. Boeing anticipates a loss of $5.46 per share, accompanied by revenue of $15.2 billion. This outcome falls short of analyst expectations based on LSEG estimates. Boeing has not recorded an annual profit since 2018 and estimates it burned through $3.5 billion in cash during the quarter, influenced in part by a labor strike and a new workforce agreement.
Novo Nordisk
Novo Nordisk’s U.S.-listed shares surged by 14% after the Danish pharmaceutical company announced promising results from an early-stage trial of its once-weekly amycretin obesity drug. The trial participants experienced an average weight loss of 22% over 36 weeks, while those on a placebo saw a 2% increase in weight.
Twilio
Shares of Twilio jumped nearly 18% following an optimistic forecast presented at an investor event. The cloud communications software company expects its adjusted operating margin to reach as high as 22% by 2027, exceeding Wall Street’s consensus and the current quarter’s margin of 16.1%. Baird upgraded Twilio to an outperform rating from neutral and expressed confidence after attending the company’s event ahead of the fourth quarter.
CSX
The Jacksonville, Florida-based railroad, CSX, experienced a 3.5% downturn after reporting a revenue decline due to a lower fuel surcharge and reduced coal revenue. CSX’s earnings stood at 42 cents per share, excluding one-time items, matching analysts’ expectations from FactSet. However, revenue of $3.54 billion fell short of the forecasted $3.56 billion.
Texas Instruments
Shares of Texas Instruments fell 4% after the semiconductor company issued a less-than-encouraging earnings forecast. For the current quarter, Texas Instruments predicts earnings between 94 cents to $1.16 per share, while analysts anticipated an estimate of $1.17 per share. Nonetheless, Texas Instruments exceeded expectations for both earnings and revenue in the recently concluded quarter.
Intuitive Surgical
Intuitive Surgical, known for medical devices, saw a 2% decrease in shares following a 2025 profit margin forecast suggesting a potential decline. The company currently expects an adjusted gross profit margin of 67% to 68% for 2025, a drop from 69.1% in 2024.
These significant premarket movements reflect the ongoing challenges and successes in various sectors, showcasing the dynamic nature of the stock market.
