Stocks to Watch: United Technologies, Barnes & Noble, Dunkin' Brands, Zumiez, GameStop
June 10 2019 - 6:29AM
Dow Jones News
By Jessica Menton
Here are some of the companies with shares expected to trade
actively in Monday's session. Check back closer to the market open
for an updated list.
United Technologies Corp.: The company is near a deal to combine
with military contractor Raytheon Co., The Wall Street Journal
reported Saturday, the latest move by the sprawling conglomerate to
transform into a firm focused on aerospace and defense.
Barnes & Noble Inc.: The company's stock has soared 44% over
the past two sessions, its best two-day stretch since April 2012.
The troubled bookstore chain on Friday agreed to be bought by hedge
fund Elliott Management for about $475 million in cash.
Dunkin' Brands Group Inc.: Shares of the restaurant chain rose
2.2% Friday to close at $78.51, a new all-time high based on data
going back to July 2011, according to Dow Jones Market Data.
Zumiez Inc.: The sports-apparel maker's first-quarter profit and
revenue topped Wall Street estimates, sending shares up 16% Friday
to their largest percentage rise since September 2017.
GameStop Corp.: The videogame retailer's stock slumped 34% last
week, its biggest weekly decline since December 2002 and its second
worst week on record, according to Dow Jones Market Data.
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 Jessica Menton at Jessica.Menton@wsj.com
(END) Dow Jones Newswires
June 10, 2019 06:14 ET (10:14 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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