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Pearson

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"Stocks to Watch: Starbucks, AMD, Eli Lilly, Kraft Heinz, and More"
business2 years ago

"Stocks to Watch: Starbucks, AMD, Eli Lilly, Kraft Heinz, and More"

Shares of Starbucks fell 5% despite beating analyst estimates and posting stronger-than-expected same-store sales growth. AMD's stock fell more than 7% in premarket trading after quarterly results a day earlier, despite reporting better-than-expected earnings and revenue. Pearson's shares rose more than 8% after being double upgraded to buy from underperform by Bank of America. Eli Lilly's stock rose more than 5% on clinical trial data showing that the company's donanemab drug slowed the progression of Alzheimer's disease. PacWest's shares fell 4.6% in premarket trading after sliding nearly 28% on Tuesday.