Apple (AAPL) – Shares were up about 2% following better-than-expected quarterly results from Apple and news of a raised quarterly dividend and $90 billion buyback plan.
AMC Entertainment (AMC) – The stock was up 4% amid a quarterly beat reported by AMC.
Western Alliance Bancorp (WAL) – Shares of Western Alliance, Comerica (CMA), and Zions Bancorp (ZION) were upgraded to the equivalent of a buy recommendation by analysts at JP Morgan. The analysts said, “With too many on one side of the boat, we move to the middle.”
CarMax (KMX) – A sympathy play following strong results out of peer in the used car space, Carvana (CVNA). While Carvana shares were up about 40% on the news, CarMax shares were down about 3% in Friday’s pre-market session.
PENN Entertainment (PENN) – A sympathy play following good results out of peer in the sports betting space, DraftKings (DKNG). DraftKings shares were up about 14% while PENN shares were up about 3%.