US PREMARKET MOVERS: MAGS, SMH, DRAM, WMT, SCHW, PNC, RKLB, MAN, FMC, CMC, PAG
The brief reported mixed premarket moves and company-specific explanations. Later reports corroborated some details, while MAN guidance evidence conflicts with the brief’s characterization.
News detail
ES -0.2% NQ -1.10% RTY +0.2% MAGS -1.0%, SMH -2.5%, DRAM -6.5%: Anthropic Q3 revenue reportedly shy of bullish expectations . WMT +2.9%: Upgraded at Deutsche Bank to Buy from Hold . SCHW -1.5%: EPS & rev. beat fail to impress. PNC -2.0%: Q3 NII missed. RKLB -10.3%: Neutron launch delayed to 2027. MAN -16.4%: Q4 guidance missed; announced CEO transition. FMC -45.6%: Woeful Q3 prelim guidance. CMC +3.4%: Earnings beat. PAG +8.4%: To go private via Motown Acquisition Corp at $212/shr cash.
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