The stocks making the biggest moves in premarket trading include GM, CVS, Shopify, Papa John's, Wendy's, and more.
for its latest quarter, beating the consensus estimate of $1.63 a share. Revenue was above estimates as well, and the company kept its prior 2020 earnings per share guidance in place, although it said it would withhold more detailed guidance due to uncertainty. CVS benefited from consumer stockpiling of medications amid the virus outbreak. – The newspaper publisher came in 7 cents a share ahead of estimates, with quarterly earnings of 17 cents per share.
Revenue also beat estimates, however the company said it expected ad revenue to fall 50% to 55% during the current quarter. – The e-commerce platform provider earned an adjusted 19 cents per share for its latest quarter, compared to analysts' estimates of a 19 cents a share loss. Revenue also topped expectations as the pandemic prompted more merchants to move business online.
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