Lufax Holding, JetBlue Airways And Other Big Stocks Moving Lower In Monday's Pre-Market Session
Portfolio Pulse from Avi Kapoor
Several major stocks, including Lufax Holding, JetBlue Airways, and others, are experiencing declines in Monday's pre-market session. Lufax Holding's shares fell sharply after missing earnings estimates, while JetBlue Airways and others also saw declines due to various factors.
October 21, 2024 | 12:47 pm
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NEGATIVE IMPACT
Canada Goose Holdings shares fell 4.5% ahead of its upcoming earnings announcement.
The decline in Canada Goose's share price may be due to investor caution ahead of its earnings announcement.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
JetBlue Airways shares fell 6.1% in pre-market trading, potentially influenced by Spirit Airlines' modification of its card processing agreement.
JetBlue's share price decline may be linked to market reactions to Spirit Airlines' financial adjustments, affecting investor sentiment.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
NEGATIVE IMPACT
Lufax Holding's shares fell 9.2% in pre-market trading after reporting a quarterly loss and missing sales estimates.
Lufax Holding reported a quarterly loss and missed sales estimates, leading to a significant drop in its share price in pre-market trading.
CONFIDENCE 100
IMPORTANCE 90
RELEVANCE 100
NEGATIVE IMPACT
V.F. Corporation shares fell 4.7% after a downgrade by Wells Fargo, with a lowered price target.
The downgrade by Wells Fargo, along with a reduced price target, likely contributed to the decline in V.F. Corporation's share price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90
NEGATIVE IMPACT
Zeta Global Holdings shares fell 3.8% after a downgrade by Barclays, maintaining a price target of $28.
The downgrade by Barclays likely led to the decline in Zeta Global's share price, despite maintaining the price target.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 85