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Stocks - Rite Aid, Freeport-McMoran Gain in Pre-market; Conagra Falls

Investing.com
Stocks to watch on Thursday.
Stocks to watch on Thursday.

Investing.com - Stocks in focus in pre-market trade Thursday:

· Geron (NASDAQ:GERN) stock slumped 65.32% as of 8:17 AM ET (12:17 GMT) after the company announced that Janssen Biotech terminated a collaboration and license agreement with them.

· Rite Aid (NYSE:RAD) stock rose 2.34% after the company posted sales that beat expectations and matched profit expectations, excluding items..

· ConAgra Foods (NYSE:CAG) stock fell 6.41% after the company missed its fiscal first-quarter sales and earnings estimates.

· Freeport-McMoran (NYSE:FCX) stock increased 1.29% after news that the company and Rio Tinto (LON:RIO) signed a binding agreement to pave the way to transfer a majority stake of Grasberg copper mine to Inalum.

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· Accenture (NYSE:ACN) stock was down 1.72%, despite the company beating fourth-quarter earnings estimates and raising its semi-annual dividend by 10%.

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