Stocks in focus in pre-market trade Thursday:
• Roku (NASDAQ:ROKU) stock plunged 12.08% by 7:54 AM ET (12:54 GMT) despite better-than-expected quarterly results, as the company forecast a surprise loss for the holiday quarter.
• TripAdvisor (NASDAQ:TRIP) stock surged 8.15% after the company smashed forecasts for quarterly earnings.
• Qualcomm (NASDAQ:QCOM) stock sank 6.98% after the company gave a weak sales forecast due to Apple’s (NASDAQ:AAPL) decision to stop using its chips in iPhones.
• Starbucks (NASDAQ:SBUX) stock dropped 0.32% while the company announced that it would partner with UberEats to deliver Coffee and food in Tokyo beginning on Friday.
• Tesla (NASDAQ:TSLA) stock gained 0.26% as the company announced that board member Robyn Denholm will replace Elon Musk as its chair.
• Netflix (NASDAQ:NFLX) stock dropped 0.38% as it revealed a plan to make 17 more original productions in Asia, including Thai and Chinese language shows.
• Walmart (NYSE:WMT) stock slipped 0.39% as the store decided to launch its Black Friday holiday deals two hours earlier than ever before on the Wednesday prior to Thanksgiving.
• Alphabet (NASDAQ:GOOGL) stock dropped 0.38% as its Google subsidiary was reported to be preparing an expansion in New York City that could double its staff in the area, according to The Wall Street Journal.
• Facebook (NASDAQ:FB) stock fell 0.75% while the company announced plans to quadruple the size of its international headquarters in Dublin.
• Ford Motor (NYSE:F) stock was little changed as the company opted to invest about $200 million in electric scooter rental firm Spin, according to Reuters.
• Square (NYSE:SQ) stock sank 4.81% after the company’s forward guidance missed expectations.
• Wynn Resorts (NASDAQ:WYNN) stock tumbled 13.59% as the company reported a worse-than-expected quarterly profit and the chief executive noted a “slowdown” at its Macau location.
• Comcast (NASDAQ:CMCSA) stock inched up 0.05% as it plans to launch a new product for broadband-only subscribers next year that will allow customers to aggregate certain streaming apps, including Netflix, Amazon Prime and YouTube, according to sources familiar with the matter cited by CNBC.
• Take-Two Interactive (NASDAQ:TTWO) stock gained 2.54% after the company raised its full-year outlook on the back of a strong start for its "Red Dead Redemption II" game.
• L Brands (NYSE:LB) jumped 6.00% after the company lifted its forecast for third-quarter earnings.
• Monster Beverage (NASDAQ:MNST) stock tumbled 9.23% as the company’s chief executive commented that it was going into arbitration with Coca-Cola (NYSE:KO) due to a disagreement over stakeholder Coke producing its own energy drinks.
