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Premarket Southwest Falls. The rise of ExxonMobil by Meituan ADR, Investing.com

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Jeffrey Smith

Investing.com-Stocks featured in pre-market trading on Monday, October 11th.Please update for update

  • Southwest Airlines (NYSE :) Inventories fell 2.6% after a weekend of significant flight disruptions as bad weather in Florida led to a chain of aircraft and personnel availability issues. The airline canceled more than 1,000 flights on Sunday, or more than a quarter of the schedule.
  • Aspentech Share price is 4.2% after Emerson (NYSE :) Electric agrees to split its industrial software business into companies in a transaction aimed at creating a more complete service suite for large industrial customers It has risen.Emerson shares remained unchanged as they fell early in the pre-market session
  • Hasbro (NASDAQ :) Shares fell 1.3% after CEO Brian Goldner announced that he would take sick leave. Rich Stoddart, the company’s chief independent director, will tentatively take over the role of CEO.
  • Meituan ADR peaked by 4.7% in two and a half months after the company escaped from antitrust investigations almost intact. China’s competition watchdog has fined $ 534 million for abusing its dominant position in the food delivery market. Other Chinese ADRs have risen sympathetically in the hope that they can avoid the worst-case scenario some envisioned under the crackdown on Beijing’s tech companies.
  • Exxon mobile (NYSE :) Stock prices rose 1.5% to the highest level in three months as crude oil prices continued to rise. Futures hit a seven-year high when trading began in New York, but are still underpinned by sharp pressure on the global gas and coal markets.
  • AstraZeneca (NASDAQ :) ADR increased by 0.6% after reporting promising test results for experimental antivirals to treat Covid-19. According to the company, the drug cuts the risk of serious illness in half in a slightly larger study than Merck (NYSE :) conducted on a similar drug.
  • Merck Inventories increased by 0.6% after pharmaceutical companies formally requested an emergency use authorization for the antiviral drug Covid-19 pills. It could be the first effective oral drug against coronavirus.
  • KKR (NYSE :) Shares rose 0.8%, expanding profits on Friday as the remaining two founders of the private equity giant said they would resign and hand reins to long-time company insiders.

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Premarket Southwest Falls. The rise of ExxonMobil by Meituan ADR, Investing.com

https://www.investing.com/news/stock-market-news/southwest-falls-in-premarket-meituan-adrs-exxon-mobil-rise-2640107 Premarket Southwest Falls. The rise of ExxonMobil by Meituan ADR, Investing.com

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