U.S. stock futures started the last week of the month falling first thing Monday.
In premarket trading Dow Jones Industrial Average futures and those on the S&P 500 were 0.2% lower, while Nasdaq 100 futures slipped 0.1%.
These stocks were poised to make moves Monday:
Shares in
Crown Castle
(ticker: CCI) pointed up 2.34% to $106 in the premarket after the owner of wireless towers was the target of renewed activist attention.
Elliott Investment Management has built a stake in excess of $2 billion and The Wall Street Journal reported it plans to engage with the company about ways to boost its shares, citing people familiar with the matter. Elliott didn’t made much initial impact when it first took a position in
Crown Castle.
iRobot
(IRBT), the smart-vacuum-cleaner company, continued to benefit from increased hopes
Amazon
(AMZN) is set to win full EU antitrust approval for its $1.4 billion acquisition.
Dish Network
(DISH), the satellite-television provider, was down 3.28% to $3.54 after disappointing earnings earlier in the month sparked downbeat analyst notes. Dish had posted a surprise third-quarter loss and announced the sale of some assets.
Cybersecurity company
Zscaler
(ZS) is scheduled to report fiscal first-quarter earnings after the closing bell Monday. The stock was flat in premarket trading at around $193.20.
Reports are expected later in the week from
Salesforce
(CRM),
Intuit
(INTU),
Workday
(WDAY),
Snowflake
(SNOW),
CrowdStrike Holdings
(CRWD),
Splunk
(SPLK),
Hewlett Packard Enterprise
(HPE),
NetApp
(NTAP),
Dollar Tree
(DLTR),
Okta
(OKTA),
Dell Technologies
(DELL),
Marvell Technology
(MRVL),
UiPath
(PATH), and
Kroger
(KR).
Write to Joe Woelfel at [email protected] and Rupert Steiner at [email protected]
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