Stocks making the biggest moves premarket: American Express, Verizon, Snap and others
In this article CSX SNAP VZ AXP Follow your favorite stocks CREATE FREE ACCOUNT watch now VIDEO 1:31 01:31 News Update – Pre-Markets News Briefing Check out the companies making headlines before the bell: American Express (AXP) – The financial services company reported a quarterly profit of $2.47 per share, 6 cents above estimates, with revenue also topping Wall Street forecasts. American Express also raised its full-year forecast, amid a surge in customer spending, and increased the amount in reserve for potential defaults. The stock fell 4.7% in the premarket. Verizon (VZ) – Verizon earned an adjusted $1.32 for the third quarter, beating the consensus estimate by 3 cents, with revenue also better than expected. Verizon also reported a smaller number of postpaid net phone adds than expected, noting it had anticipated some negative impact from raising prices. Snap (SNAP) – The Snapchat parent's stock tumbled 28.2% in the premarket after forecasting no revenue growth for the curr...