FedEx, Rivian, Whirlpool drive premarket gains while Southwest Airlines, Chipotle decline

Reported about 1 year ago

In the U.S. stock market, tech stocks rebounded, while other sectors like financials dipped. Rivian surged 30% after a major investment announcement from Volkswagen. FedEx rose 14% with an optimistic outlook and a $2.5 billion share buyback plan. On the other hand, Southwest Airlines dropped 1% after cutting revenue forecasts, and Chipotle stayed flat following a stock split. Whirlpool climbed 13% with reports of a potential bid from Bosch. Paychex fell 6% despite meeting Q4 estimates, and General Mills dropped 4.8% after a disappointing Q4 report and weak guidance.

Source: YAHOO

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