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Foot Locker Slumps Premarket; Amazon, Boeing Rise By Investing.com




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Investing.com – Stocks in focus in premarket trading on Friday:

Foot Locker (NYSE 🙂 shares fell 8.7% at 08:15 ET (12:15 GMT) after comparable sales failed to grow as much as analysts expected in the first quarter.

• Amazon.com (NASDAQ 🙂 stock increased 0.7% after analyst firm Piper Jaffray said the e-commerce giant could be worth $ 3,000 a two-year share due to strong growth in cloud services and advertising.

• Facebook (NASDAQ 🙂 inventory increased 0.4% after the social media giant said it removed 3.4 billion false accounts over the past six months before becoming active users. The company estimates that 5% of its 2.4 billion monthly active users are fake accounts, up from an estimated 3% to 4% in the previous half-year report.

• Total System Services (NYSE 🙂 inventory was 6.4% after Bloomberg reported that the company is in merger negotiations with Global Payments (NYSE :).

• Splunk (NASDAQ 🙂 stock decreased 1[ads1].3% despite the software company making estimates from the first quarter. The company is still operating at a loss.

• Boeing (NYSE 🙂 inventory was up 1% on a Reuters report, said the Federal Aviation Administration expects the airline's grounded 737 Max jet to be serviced for service as late as June.

• Constellation Brands (NYSE 🙂 stock fell 0.8% after being downgraded to "equilibrium" from "overweight" by Morgan Stanley (NYSE 🙂 after a long run due to a likely decline in growth and stagnation in margins

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