Stocks to Watch: Qorvo, RealReal, Genesee & Wyoming, Ameris Bancorp, and More

By Julia Donheiser

Here are some of the companies with shares expected to trade actively in Monday's session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.

Qorvo Inc. -- Up 7.6% premarket: President Trump and Chinese President Xi Jinping agreed to a cease-fire on trade that will remove some curbs on Huawei Technologies, boosting shares of chip makers that rely on trade and Chinese demand to boost revenue.

RealReal Inc. -- Up 1.6% premarket: The online marketplace rose 45% in its market debut Friday, closing at $28.90 after going public at $20.

Genesee & Wyoming Inc. -- Up 8.6% premarket: The railroad owner is being purchased by a group of investors in a roughly $6.5 billion deal.

Ameris Bancorp -- Down 0.4% premarket: Ameris Bancorp, which has just finished buying Fidelity Southern, said that Ameris' president and chief executive has resigned and that Fidelity's former CEO will take over Ameris and Ameris Bank.

Berkshire Hathaway Inc. -- Up 0.8% premarket: Warren Buffett, chairman of Berkshire Hathaway, has pledged to donate shares worth about $3.6 billion to five foundations, as part of his plan to give away most of his wealth to charities and other philanthropic efforts, the company said Monday.

Applied Materials Inc. -- Up 4.1% premarket: The company said it is acquiring Kokusai Electric Corp. for $2.2 billion from the global investment firm KKR & Co.

Performance Food Group Co. -- Down 0.9% premarket: The food distributor has agreed to acquire privately held rival Reinhart Foodservice for $2 billion in a bid to build scale and tackle rising costs.

Constellation Brands Inc. -- Up 1.1% premarket: Shares of the Corona brewer rose 4.6% Friday, their best day since early April, after the company reported quarterly earnings that were stronger than anticipated.

Goldman Sachs Group Inc. -- Up 1.5% premarket: The investment bank climbed for the eighth time in nine sessions Friday, hitting its highest level in nearly two months after getting cleared by the Federal Reserve to return more money to shareholders over the next year.

This is a version of the "Stocks to Watch" section of our Markets newsletter. To receive it every morning via email, click here.

(END) Dow Jones Newswires

July 01, 2019 09:29 ET (13:29 GMT)

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