Stocks To Watch For June 11
Some of the stocks that may grab investor focus today are:
W.W. Grainger Inc (NYSE: GWW) is projected to report sales results for May. GWW shares dropped 0.03% to $189.93 in after-hours trading.
Shares of Optical Cable Corp (NASDAQ: OCC) jumped 30.14% on Friday after the company reported a 28% surge in its second-quarter sales. OCC shares rose 0.26% to $3.81 in the after-hours trading session.
Wall Street expects Finisar Corp (NASDAQ: FNSR) to report its FQ4 earnings at $0.21 per share on revenue of $242.6 million. FNSR shares gained 0.54% to $14.96 in after-hours trading.
Shares of Quiksilver Inc (NYSE: ZQK) surged 12.30% on Friday after the company reported a narrower Q2 loss. ZQK shares closed at $2.74 on Friday.
Telefonica SA (NYSE: TEF) agreed to sell a 4.56% stake in China Unicom (Hong Kong) Limited (NYSE: CHU) for around 1.13 billion euros ($1.74 billion). The buyer is China United Network Communications Group Co Ltd. TEF shares declined 0.33% to $12.22 in the after-hours trading session, while CHU shares fell 0.51% to close at $13.55 on Friday.
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Tags: Stocks To Watch
Posted in: Earnings, News, M&A, Pre-Market Outlook, Markets, Trading Ideas
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