Stocks making the biggest moves premarket: Apple, Casey's General Store, Signet Jewelers & more
Check out the companies making the biggest moves premarket: Mission Produce — Shares of the avocado producer popped 7.5%. Mission Produce beat the expectations of every analyst polled by FactSet for both earnings per share, excluding items, and revenue in its fiscal third quarter. Apple — Shares were slightly down as traders awaited an event in which the company is expected to announce new iPhones, including a foldable one. Casey’s General Store — Shares dropped more than 10% after the convenience store chain reported mixed results for the fiscal first quarter. While earnings and revenue for the period beat expectations, Casey’s also reported a 0.3% year-over-year decline in fuel sales. Sales of prepared food and dispensed beverages also increase slightly less than anticipated. Signet Jewelers — The jeweler popped 17% on the back of better-than-expected earnings for the second quarter. Signet earned an adjusted $2.19 per share, beating a FactSet estimate of $1.74 per share. The company also increased its full-year earnings guidance. Energy stocks — The group pushed higher after Brent crude futures topped $100 a barrel for the first time since July, amid growing tension between Iran and the U.S. West Texas Intermediate futures, the the U.S. benchmark, popped 2.14% to $95 a barrel.The XLE ETF, which tracks the S & P 500 energy sector, gained around 1% before the bell. ExxonMobil advanced 1%. — CNBC’s Fred Imbert contributed reporting.
