Gainers
Barnes & Noble Education, Inc. (NYSE: BNED) rose 25% to $2.15 in pre-market trading after the company posted better-than-expected quarterly sales.
Piper Sandler raised the price target for Riskified Ltd. (NYSE: RSKD) from $6 to $8. Piper Sandler analyst Brent Bracelin upgraded the stock from Neutral to Overweight. Riskified shares rose 2.4% to $5.51 in pre-market trading.
Trading in the U.S. index futures suggests stocks could extend their sell-off on Friday, although the jobs report due ahead of the market open could change the entire complexion depending on how the numbers shape up.
Cues From Thursday’s Trading:
JinkoSolar Holding Co., Ltd. (NASDAQ: JKS) is expected to release its unaudited financial results for the fourth quarter before the opening bell on Friday, March 10, 2023.
The CNN Money Fear and Greed index moved to the "Fear" zone following a sharp drop in the US stocks.
Banks and other financial shares fell sharply on Thursday ahead of a key payroll report that could provide some insights to future rate hikes.
Campbell Soup Co (NYSE: CPB) reported better-than-expected Q2 results and raised FY23 guidance.
Campbell reported quarterly sales growth of 12% year-on-year to $2.48 billion, beating the consensus of $2.44 billion. Adjusted EPS of $0.80 beat the analyst consensus of $0.74.