KO is among today’s stocks to watch trading at $58.81 as of 02:30 PM EDT.
The futures point to a slight fall at the opening of trade on Tuesday, which suggests that stocks are ready for a break. A decline would put an end to the recent market rise. Taking a look at specific names.
Here Are some Stocks to Watch on Tuesday
1. UPS ( NYSE:UPS ): After the company released a mixed Q3 earnings report , UPS gained ground in premarket trading, climbing by approximately 4%. The world’s largest package delivery company’s profit exceeded forecasts, but its revenue fell short. To $24.2 billion, the top-line amount increased by 4%. Additionally, UPS reiterated its outlook for the entire year.
2. General Motors ( NYSE:GM ): On positive earnings news , General Motors also increased. The automaker’s earnings number is far above estimates. Although revenue increased by 56% to $41.9 billion, it fell short of projections by $160 million. The stock increased 5% during premarket trading.
3. Coca-Cola ( NYSE:KO ): Another stock that benefited from earnings in premarket trading was Coca-Cola. Shares of the soft drink manufacturer increased by 3% as the company’s Q3 profits and revenue exceeded forecasts. The top line increased by 10% over the previous year, and organic revenues i...
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