Stocks making the biggest moves premarket: L3Harris, JPMorgan, Delta, Intel, AMD and more – CNBC
Check out the companies making headlines before the bell: JPMorgan Chase — The banking giant rose around 1% on fourth-quarter figures that beat analyst expectations. JPMorgan earned $5.23 per share, excluding items, on revenue of $46.77 billion. Analysts polled by LSEG expected a profit of $5 on revenue of $46.2 billion. JPMorgan’s beats were driven in parts by a strong performance from its trading operations. L3Harris Technologies — The defense contractor rallied 13% after the company said it would pursue an initial public offering of its missile solutions business in the second half of 2026 through a partnership with the U.S. Defense Department. Delta Air Lines — The airline fell more than 5% after it posted mixed results for the third quarter. The airline earned an adjusted $1.55 per share, beating an LSEG consensus of $1.53 per share. Revenue of $14.61 billion, however, was just below a $14.69 billion estimate. Intel , AMD — The chip stocks rose after KeyBanc upgraded both names to overweight, saying they each have upside of more than 30%, on a memory supercycle and outsized data center demand. Intel shares were up more than 3%, while AMD was higher by more than 2% Travere Therapeutics — The biopharma stock tumbled 28% after it received additional information requests from the FDA to characterize the clinical benefit of a drug for the use of kidney disorder. PAR Technology — Shares rose 4% after Papa Johns said it’s using foodservice technology from PAR Technology across its restaurants. Revvity — The health sciences company popped 7% after it released preliminary fourth-quarter revenue of $772 million. That figure topped the $757 million expected from analysts polled by FactSet. Revvity also said it expects its full-year earnings per share to be at the upper end of its prior guidance of $4.90 to $5 per share, and preliminary revenue of $2.855 billion versus its prior guidance of $2.83 billion and $2.88 billion. Bank of New York Mellon — Shares dipped 1.4% even after Bank of New York Mellon reported a beat on the top and bottom lines. It reported fourth quarter earnings of $2.08 per share, on an adjusted basis, on revenue of $5.18 billion. Analysts polled by LSEG had expected per-share earnings of $1.98 on revenues of $5.14 billion. — CNBC’s Michelle Fox and Fred Imbert contributed reporting
