Stocks to Watch: Intel, American Express, Inovio, Broadcom
January 24 2020 - 8:44AM
Dow Jones News
By Anna Isaac
Here are some of the companies with shares expected to trade
actively in Friday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Inovio Pharmaceuticals -- up 10.9% premarket: The drugmaker,
along with Moderna and Novavax, said Thursday that it planned to
develop a vaccine against the new respiratory virus originating in
China.
Intel -- up 4.8% premarket: Healthy demand for Intel's
processors boosted sales for the company, according to its results,
posted after markets closed Thursday. The chip maker benefited from
a rise in personal-computer shipments and orders for chips to power
data centers.
Broadcom -- up 4.7% premarket: The company said Thursday it had
secured multiyear supply agreements with Apple Inc. to provide
wireless components for Apple products into 2023.
Discover Financial Services -- down 6.9% premarket: The
financial services firm reported results following market close
Thursday.
American Express -- up 2.4% premarket: The credit-card company
reported Friday that its fourth-quarter profit declined from a year
ago but its revenue increased.
This is a version of the "Stocks to Watch" section of our
Markets newsletter. To receive it every morning via email, click
here.
Write to Anna Isaac at anna.isaac@wsj.com
(END) Dow Jones Newswires
January 24, 2020 08:29 ET (13:29 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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