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GameStop shares are tumbling more than 9% in the pre-market after the video game retailer revealed a fourth-quarter profit outlook that widely trailed Wall Street's expectations.
Intel shares are jumping more than 1% in pre-market trading after analysts at JPMorgan Chase boosted their outlook on the chipmaker to "overweight" from "neutral."
3JPMorgan Chase [JPM]
JPMorgan Chase saw its profits and revenues decline in the fourth quarter on legal fees and slumping Wall Street operations. Still, the results beat Wall Street's expectations on the top and bottom lines. Shares of the Dow component are little changed in early action.
4Wells Fargo [WTC]
Wells Fargo unveiled a 10% jump in fourth-quarter profits, along with a decline in revenues. The No. 4 U.S. bank's results also topped Wall Street's expectations. The shares are trading in a tight range in the pre-market.
5Jabil Circuit [JBL]
Jabil Circuit is rallying in early trading after the electronic component maker was added to Goldman Sach's coveted conviction buy list. The company doesn't garner much name recognition, but it makes a parts for a wide variety of devices, including Apple's iPhone.