Check out the companies making headlines in premarket trading.
General Mills — Shares dropped 3.9% following mixed fiscal fourth-quarter results.
The Betty Crocker and Cheerios owner beat Wall Street expectations on earnings, reporting $1.12 in adjusted earnings per share against a Refinitiv consensus estimate of $1.07 per share.
The Wall Street bank said Pinterest is making the strategic move to outsource monetization to third-parties to overcome its attribution and scale challenges, including a partnership with Amazon.
ZoomInfo — Shares of the software company added 3.9% in premarket trading after Needham initiated coverage of ZoomInfo with a buy rating.
Persons:
Mills, Betty Crocker, Biden, Wells, Pinterest, Goldman Sachs, Morgan Stanley, Needham, ZoomInfo, Yun Li, Jesse Pound
Organizations:
Safeway, Nvidia, Street Journal, iShares Semiconductor, Amazon
Locations:
San Anselmo , California, China