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    Roblox, Intuit, Farfetch, Lucid: What to Watch When the Stock Market Opens Today

    Futures are wavering on renewed anxiety around rising Covid-19 infections and related restrictions in Europe. Here’s what we’re watching in Friday’s trading:

    • Nike has launched a virtual play place on Roblox’s online game platform that lets players dress their digital avatars in Nike sneakers, hats or backpacks. Roblox shares were up 1.8% premarket; Nike added 0.5%.
    • Intuit shares jumped 10% premarket. The company behind TurboTax, QuickBooks and Mint raised its financial forecast for fiscal 2022.
    • U.S.-traded shares of U.K. luxury fashion company Farfetch dropped 23% premarket after it missed sales expectations for its third quarter.
    • Workday dropped 8.1% ahead of the bell, even though the enterprise software company swung to a profit in the third quarter of its fiscal year 2022 as subscription revenue growth accelerated in the period.
    • Applied Materials slipped 5.6% premarket. The chip-equipment supplier ended its fiscal year with disappointing profit and revenue.
    • Luxury electric-vehicle maker Lucid was on course for another down day, shedding 3.2% premarket after having closed down 10% on Thursday. But fellow EV startup Rivian was shaking off the recent gloom, adding 1.8% premarket.
    • Palo Alto Networks gained 3% premarket. The cybersecurity company topped Wall Street expectations for the quarter and raised its billings and revenue forecasts for the year.
    • Foot Locker  is among the companies reporting earnings Friday.
    Chart of the Day

    Write to James Willhite at james.willhite@wsj.com

    Roblox, Intuit, Farfetch, Lucid: What to Watch When the Stock Market Opens Today Source link Roblox, Intuit, Farfetch, Lucid: What to Watch When the Stock Market Opens Today

    The post Roblox, Intuit, Farfetch, Lucid: What to Watch When the Stock Market Opens Today appeared first on Eminetra.

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