Stocks - JPMorgan, BlackRock Rise Premarket; Goldman Sachs Falls

Oct 15, 2019

Back Stock Market

Stocks in focus in premarket trading on Tuesday:

JPMorgan (NYSE:JPM) stock gained 1.8% by 8:40 AM ET (12:40 GMT) after reporting earnings per share of $2.68 in the third quarter, above estimates, along with record revenue.

BlackRock (NYSE:BLK) stock inched up 0.7% after posting a quarterly profit of $7.15 per share. Still, profit was down from a year ago due to investors shifting money to lower-fee fixed-income funds.

Goldman Sachs (NYSE:GS) stock slumped 2.1% after posting earnings per share of $4.79, which was below the consensus.

UnitedHealth (NYSE:UNH) stock gained 2.6% while Johnson & Johnson (NYSE:JNJ) was up 1.3% after both companies raised their guidance for the year and beat Wall Street forecasts.

Wells Fargo (NYSE:WFC) fell 1% after its quarterly profit slumped 26% due to legal costs.

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