Costco, FedEx, Boeing Fall Premarket; Raytheon, FuboTV Rise

By Peter Nurse -- Stocks in focus in premarket trade on Friday, September 23rd. Please refresh for updates.

  • Costco (NASDAQ:COST) stock fell 2.5% after the big-box retailer reported a squeeze in its quarterly gross margins as it battles higher freight and labor costs, despite better-than-expected quarterly results.

  • FedEx (NYSE:FDX) stock fell 3.1% after the delivery giant reported weaker-than-expected fiscal first quarter results, pledging to speed up costs cutting and hike shipping rates to offset the impact slowing global growth on shipping volumes.

  • Apple (NASDAQ:AAPL) stock fell 1.6%, suffering with the other major tech stocks as interest rates rise, despite its multi-year deal to sponsor the Super Bowl Halftime show, starting in February.

  • Boeing (NYSE:BA) stock fell 2.1% after the aircraft manufacturer agreed to pay $200 million to settle civil charges by the U.S. Securities and Exchange Commission that it misled investors about the safety of its 737 MAX.

  • Raytheon Technologies (NYSE:RTX) stock rose 0.1% after the Pentagon awarded the company a $985 million contract to develop prototypes for a hypersonic attack cruise missile.

  • Amazon (NASDAQ:AMZN) stock fell 1.7% after the Wall Street Journal reported about the online retail giant’s dangerous delivery practices.

  • Newmont (NYSE:NEM) stock fell 2.7% after Glencore (OTC:GLNCY) announced it acquire the gold mining company’s 18.75% stake in the Mara project in Argentina for approximately $125 million.

  • Domino's Pizza (NYSE:DPZ) stock rose 0.5% after BMO upgraded its stance on the fast food retailer to 'outperform' from 'market perform', predicting a 35% rebound in the stock.

  • FuboTV (NYSE:FUBO) stock rose 1.3% after Wedbush upgraded its stance on the sports-focused streaming service to 'outperform' from 'neutral', seeing the stock at a compelling entry level.

Begin trading today! Create an account by completing our form

Privacy Notice

At One Financial Markets we are committed to safeguarding your privacy.

Please see our Privacy Policy for details about what information is collected from you and why it is collected. We do not sell your information or use it other than as described in the Policy.

Please note that it is in our legitimate business interest to send you certain marketing emails from time to time. However, if you would prefer not to receive these you can opt-out by ticking the box below.

Alternatively, you can use the unsubscribe link at the bottom of the Demo account confirmation email or any subsequent emails we send.

By completing the form and downloading the platform you agree with the use of your personal information as detailed in the Policy.

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75.5% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Back to top

Office network
  • London Office
    One Financial Markets 

    1 Finsbury Market
    EC2A 2BN
    United Kingdom

    T:  + 44 ( 0 ) 203 857 2000
  • Dubai Office
    One Financial Markets 
    OT19-39 Central Park Tower
    Dubai International Finance Centre
    United Arab Emirates
    T: + 971 44 22 888

One Financial Markets is the trading name of Axi Financial Services (UK) Ltd, a company registered in England with company number 6050593. Axi Financial Services (UK) Ltd is authorised and regulated by the Financial Conduct Authority in the UK (under firm reference number 466201) and the Financial Sector Conduct Authority in South Africa (with FSP number 45784).

The information on this site is not directed at residents of the United States, Belgium, Poland or any particular country outside the UK and is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation. is owned and operated by Axi Financial Services (UK) Ltd.

Award winning broker
We have been presented with a number of awards that recognise the quality of our service and dedication to our clients :

Best FSA Regulated Broker
Saudi Money Expo

Best Education Product
Saudi Money Expo

Best Broker - Online Trading
IAIR Awards

Best Institutional Broker
Saudi Money Expo

Best FX Services Broker
CN Forex

Top International
FX Broker 2015

Saudi Money Expo

Broker of the Year
Online Trading – Middle East

IAIR Awards

Best Forex
Customer Service 2018

JFEX Awards

We accept the following payment methods: