{"id":27412,"date":"2023-10-17T13:01:02","date_gmt":"2023-10-17T13:01:02","guid":{"rendered":"https:\/\/microloannexus.com\/news\/stocks-making-the-biggest-moves-premarket-wyndham-hotels-dollar-tree-johnson-johnson-and-more\/"},"modified":"2023-10-17T13:01:03","modified_gmt":"2023-10-17T13:01:03","slug":"stocks-making-the-biggest-moves-premarket-wyndham-hotels-dollar-tree-johnson-johnson-and-more","status":"publish","type":"post","link":"https:\/\/microloannexus.com\/?p=27412","title":{"rendered":"Stocks making the biggest moves premarket: Wyndham Hotels, Dollar Tree, Johnson &#038; Johnson and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines before the bell. Wyndham Hotels &amp; Resorts , Choice Hotels \u2014 Choice Hotels dropped 2.3% after the hotel chain proposed buying Wyndham Hotels &amp; Resorts for $90 per share, valuing Wyndham at roughly $7.8 billion. Wyndham&#8217;s stock popped 15% on news of the offer. Bank of America \u2014 The bank rose 1% premarket after third-quarter results topped Wall Street expectations. Charlotte, NC-based BofA reported 90 cents in earnings per share on $25.32 billion of revenue. Analysts surveyed by LSEG, formerly Refinitiv, were looking for 82 cents in earnings on $25.14 billion of revenue. Bank of America also reaffirmed its full-year guidance for net interest income. Dollar Tree \u2014 Shares of the discount retailer gained more than 2% after getting an upgrade from Goldman Sachs to buy from neutral. The investment bank sees strong earnings growth potential and likes DLTR&#8217;s compelling valuation. Ollie&#8217;s Bargain Outlet, also upgraded to buy at Goldman, added 2.4% on light volume. Bank of New York Mellon \u2014 Shares rose 1.1% before the bell on Tuesday after the trust bank beat Wall Street expectations in the third quarter. Bank of New York Mellon earned $1.22 per share on $4.37 billion in revenue in the quarter, exceeding analysts&#8217; estimates on both lines. Consensus estimates from LSEG came to $1.15 earned per share and $4.33 billion in revenue. Johnson &amp; Johnson &#8212; Shares of the multinational drug and medical equipment maker gained nearly 2% after third-quarter earnings and sales topped analyst estimates. J &amp; J posted adjusted earnings per share of $2.66 on $21.35 billion in revenue, while analysts polled by LSEG forecast an adjusted $2.52 and $21.04 billion, respectively. Fortrea Holdings \u2014 Shares of the contract research company jumped more than 6% before the stovck market open after the Wall Street Journal reported that activist investor Starboard Value had built a stake of more than 5% in the company. Lockheed Martin \u2014 The defense stock shed fell more than 1.5% after reporting a 2% gain in quarterly sales but a decline in profit as margins fell in three of its four business units. Lockheed Martin reported earnings of $6.73 per share, surpassing expectations of $6.67 per share, according to estimates from LSEG. Revenue came to $16.88 billion, exceeding analysts&#8217; average estimate of $16.74 billion. \u2014 CNBC&#8217;s Jesse Pound, Michelle Fox Theobald and Brian Evans contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/10\/17\/stocks-making-the-biggest-moves-premarket-wh-dltr-jnj.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines before the bell. Wyndham Hotels &amp; Resorts , Choice Hotels \u2014 Choice Hotels dropped 2.3% after the hotel chain proposed buying Wyndham Hotels &amp; Resorts for $90 per share, valuing Wyndham at roughly $7.8 billion. Wyndham&#8217;s stock popped 15% on news of the offer. Bank of America \u2014 The<\/p>\n","protected":false},"author":1,"featured_media":27413,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-27412","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks making the biggest moves premarket: Wyndham Hotels, Dollar Tree, Johnson &amp; Johnson and more | Micro Loan Nexus<\/title>\n<meta name=\"description\" content=\"Check out the companies making headlines before the bell. 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