- Peloton Interactive shares are leading the way today, with a nearly 4% increase in premarket trading. The fitness group is set to release its earnings next month as they work on revitalizing their previous success during the lockdown period.
CSX Corp. shares experienced a drop of almost 4% in premarket trading after reporting second-quarter sales that fell short of expectations. This decline was influenced by lower fuel and coal prices, as well as weaker shipping volumes.
PPG Industries Inc., a paint and coatings maker, saw their shares decrease by over 2%. Although the company’s second-quarter results exceeded Wall Street’s estimates and they raised their full-year profit forecast, management cautioned about continuing “tepid” industrial production and lower home sales.
Sirius XM Holdings witnessed a decline of more than 8% in their stock. Despite experiencing a significant 42% jump on Thursday, driven by short covering and rebalancing of the Nasdaq 100 index, the stock is now facing some selling pressure.