Leading technology stocks were retreating pre-market Tuesday.
Stocks moving on news include:
(+) Zebra Technologies (ZBRA), which was up more than 9% as it reported Q2 adjusted earnings of $3.02 per share, up from $2.48 per share in the comparable period last year and beating the Capital IQ estimate of $2.89.
(+) StoneCo Ltd. (STNE) was gaining over 3% in value after saying its Q2 revenue and income is expected to total between BRL583.0 million ($154.2 million) and BRL586.2 million, compared with BRL347.7 million in the second quarter of 2018, representing year over year growth between 67.7% and 68.6%. The Cap IQ mean for sales is BRL567.27 million.
(-) Corning (GLW) was more than 3% lower after the specialty glass maker posted Q2 earnings that matched but revenue that missed analyst expectations. Q2 adjusted earnings were $0.45 per share, up from $0.38 in the same period a year ago and met the $0.45 mean Capital IQ estimate.
Price: 208.00, Change: +18.58, Percent Change: +9.81
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