By Peter Nurse
Investing.com — Stocks in focus in premarket trade on Thursday, July 22nd. Please refresh for updates.
Texas Instruments (NASDAQ:) stock fell 4.6% after the chipmaker said it expected sales to stagnate or decline in the current quarter, adding to concerns that demand for silicon chips is peaking.
Dow (NYSE:) stock rose 1.6% after the chemicals company posted better than expected quarterly profit and revenue, helped by a steady rise in prices on the back of strong consumer and industrial demand.
AT&T (NYSE:) stock rose 1.3% after the telecommunications giant reported a greater number of wireless subscribers than expected as well as an increase in signups for its HBO services.
American Airlines (NASDAQ:) stock fell 1.4% after the airline reported net income of $19 million, snapping five consecutive quarters of losses, but this was largely down to more than $1 billion in federal payroll support.
Southwest Airlines (NYSE:) stock fell 2.5%, handing back some of the previous session’s strong gains after the...read more...