JKS - Hot Stocks: DLTR downgrade; JKS earnings; INTU ARRY offerings; MEIP clinical data
Dollar Tree (NASDAQ:DLTR) represented one of the highest-profile names making headlines in Tuesday's pre-market action. Shares retreated following a downgrade from Goldman Sachs. JinkoSolar (NYSE:JKS) also experienced selling pressure in pre-market trading, weighed down by lackluster revenue performance in its latest quarterly results. Meanwhile, a secondary offering of stock sent Intuit (NASDAQ:INTU) lower before the bell, while Array Technologies (NASDAQ:ARRY) lost ground on news of an offering of convertible notes. Turning to the upside, MEI Pharma (NASDAQ:MEIP) gained traction in pre-market trading following the release of promising clinical trial data. Decliners Dollar Tree (DLTR) slipped nearly 3% in pre-market action after Goldman Sachs downgraded the low-price retailer from Buy to Neutral. The firm argued that DLTR's recent price hikes could cut into store traffic. JinkoSolar (JKS) staged a pre-market retreat after its Q3 revenue failed to meet expectations. The firm's top-line figure edged up 3% to $1.33B. Weighed down by
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Hot Stocks: DLTR downgrade; JKS earnings; INTU, ARRY offerings; MEIP clinical data