Verizon, Micron, HP Rise in Pre-Market, Darden Restaurants, Kroger Soar

Verizon, Micron, HP rise in pre-market, Darden Restaurants, Kroger soar

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

• Verizon (VZ) stock gained 1.35% by 8:27 AM ET (12:27 GMT) after Goldman Sachs upgraded the firm to buy from hold.

• Micron Technology (MU) stock jumped 4.48% after the company reported a 40% increase in fiscal third quarter revenues that allowed the chipmaker to beat consensus on both the top and bottom line.

• HP (HPQ) stock gained 2.51% after the firm authorized an additional $4 billion stock buyback.

• Darden Restaurants (DRI) stock soared 12.84% as quarterly adjusted diluted net earnings per share from continuing operations increased 18% to $1.39, beating estimates of $1.35.

• Kroger (KR) stock jumped 9.84% as diluted earnings per share beat consensus by $0.10 and the firm raised the lower end of its fiscal year guidance.

• American Outdoor Brands (AOBC) stock tumbled 8.08% as the gun maker’s guidance for full year fiscal 2019 earnings missed consensus.

• Veritone (VERI) stock slumped 13.43% after announcing the start of an underwritten public offering of shares of its common stock.

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