Stocks Pre-Market Stars: McD's, SoFi, Homes

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Business

October 30, 2023

By Rahul

Stock augmented 2.6 % after UBS upgraded & highlighted them to buy on the back of strong third quarter results,

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East West Bancorp

The company’s potential balance sheet strengthening and capital return efforts heading into the fourth-quarter.

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Stocks bursted 2.8 % after the fast-food giant reported a third-quarter revenue beat & earnings.

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McDonald's

U.S McDonald's store  arose 8.1% for the quarter thanks to price augmentation.

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Stocks bounced 6.1 % after came out with a tremendous revenue beat for the third quarter.

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Sofi Technologies

Stocks added 2 % after an upgrade to outclass from Oppenheimer,

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Invitation Homes

highlighting a stabilization of both rent growth and occupancy.

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Stocks added 1.5% after an upgrade to outperform from market perform by Raymond James.

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L3Harris Technologies

The biotechnology stock surged 6 % after RBC with an outperform rating.

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NewAmsterdam Pharma

The bank said Wall Street too quick to dismiss NewAmsterdam due to past failures of cholesteryl.

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Gambling share ticked up 2% after TD Cowen reiterated an outperform rating.

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DraftKings

DraftKings will be trouble breaking out higher until the company “proves market share resilience” in 2024.

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