Stocks to Watch: Dish Network, Chewy, Home Depot, Pfizer and More
17 Juin 2019 - 3:12PM
Dow Jones News
By Francesca Fontana and Amrith Ramkumar
Here are some of the companies with shares expected to trade
actively in Monday's session. Stock movements noted by ticker
reflect movements during regular trading hours; premarket trading
is specified separately.
Dish Network Corp. -- Unchanged premarket: Dish is leading the
race to scoop up assets that the Justice Department says Sprint
Corp. and T-Mobile US Inc. must sell to save their $26 billion
merger, The Wall Street Journal reported.
Chewy Inc. -- Up 0.4% premarket: The seller of online pet
products surged nearly 60% in its public debut Friday.
Texas Instruments Inc. -- Down 0.1% premarket: The semiconductor
company fell 3.5% Friday, its third drop of at least that magnitude
since mid-May.
Home Depot Inc. -- Up 0.2% premarket: Shares of the
home-improvement chain climbed 1.7% Friday, rising for the eighth
time in nine sessions.
Pfizer Inc. -- Up 0.2% premarket: Pfizer agreed to buy Array
BioPharma Inc. in a deal worth $10.64 billion, as the
pharmaceutical company looks to expand its pipeline of cancer
therapies.
Amazon.com Inc. -- Down 0.5% premarket: Amazon.com laid off
several dozen employees from its division that develops videogames,
as the tech giant has struggled to produce a hit and make inroads
in the industry, The Wall Street Journal reported.
Prosperity Bancshares Inc. -- Down 0.5% premarket: Prosperity
Bancshares is buying LegacyTexas Financial Group Inc. in a
cash-and-stock deal valued at more than $2 billion that brings
together two Texas-based institutions.
Keane Group Inc. -- Up 0.1% premarket: C&J Energy Services
Inc. and Keane Group have agreed to combine in an all-stock
transaction the companies valued at $1.8 billion including debt,
creating a merger-of-equals in the well completion and production
services industry.
This is an expanded version of the "Stocks to Watch" section of
our Markets newsletter. To receive it every morning via email,
click here.
Write to Francesca Fontana at francesca.fontana@wsj.com and
Amrith Ramkumar at amrith.ramkumar@wsj.com
(END) Dow Jones Newswires
June 17, 2019 08:57 ET (12:57 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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