Stocks to Watch: Micron, Uber, Herman Miller, ABM
December 19 2019 - 8:49AM
Dow Jones News
By Caitlin Ostroff
Here are some of the companies with shares expected to trade
actively in Thursday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Conagra Brands -- up 7.6% premarket: The food company's shares
jumped before the opening bell Thursday after its earnings report
for its fiscal second quarter beat analyst forecasts.
Darden Restaurants -- down 3.7% premarket: The owner of Olive
Garden and LongHorn Steakhouse reported a roughly 78% decrease in
net income in its second quarter, largely because of a charge
related to the termination of its defined-benefit pension plan.
Micron Technology -- up 3.6% premarket: The memory-chip maker
forecast after market close Wednesday that the current quarter
would be the bottom of a rough period. Micron's stock price has
risen more than 54% over the past six months, mostly on hopes that
the industry's slump will abate soon.
Uber -- down 0.6% premarket: The ride-share company reached a
settlement with the U.S. Equal Employment Opportunity Commission
after the agency found the operator had allowed a culture of sexual
harassment, along with retaliation against people who
complained.
Herman Miller -- down 9.9% premarket: The office furniture
company reported after markets closed Wednesday that its sales had
missed company guidance on lower-than-anticipated order levels.
ABM Industries -- down 3.6% premarket: The facility-management
provider reported better-than-expected quarterly earnings after
market close Wednesday. Earnings per share were up from the same
quarter last year.
Nike will report earnings after market close.
This is a version of the "Stocks to Watch" section of our
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here.
(END) Dow Jones Newswires
December 19, 2019 08:34 ET (13:34 GMT)
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