Stock Market Buzz
Market Overview
As the sun rises on Wall Street this Wednesday, U.S. stock futures are trading lower, causing a buzz among investors.
General Mills Grind
Before the opening bell, analysts anticipate that General Mills, Inc. (GIS) will report quarterly earnings at $1.05 per share on revenue of $4.96 billion. General Mills shares took a slight dip of 0.4% to $68.38 in after-hours trading.
HealthEquity’s Healthy Earnings
HealthEquity, Inc. (HQY) delighted investors by posting strong earnings for its fourth quarter. The company’s shares saw a 2.6% boost to $85.70 during the after-hours trading session.
Signet Jewelers Sparkle
Signet Jewelers Limited (SIG) is expected to have earned $6.37 per share on revenue of $2.55 billion for the latest quarter. Stay tuned as the company gears up to release its earnings before the markets open. Signet shares glimmered with a 0.3% rise to $102.75 in after-hours trading.
Biotech Buzz
Meanwhile, Moleculin Biotech, Inc. (MBRX) made waves by announcing a 1-for-15 reverse stock split. Investors cheered as Moleculin Biotech shares surged by 5% to $0.55 in the after-hours trading session.
Micron’s Moment
Anticipation is high as analysts predict that Micron Technology, Inc. (MU) will announce a quarterly loss at 26 cents per share on revenue of $5.33 billion after the closing bell. Micron shares made a modest gain of 0.01% to $94.01 during the after-hours trading session.
