EA Shares Rally as Console Sales Soar and Other #Stocks2Watch
#Stocks2Watch: FOX Business rounds up the stocks you should watch before the opening bell rings on Wall Street. Tweet @adamsamson or e-mail adam.samson@foxbusiness.com and tell us what stocks you're watching -- your picks could appear online!
1. Electronic Arts [EA]
Electronic Arts shares are rallying close 6% in the pre-market. A report from NPD Group that console sales surged 50% in December on a year-over-year could have added to the bullish sentiment.
2. Intel [INTC]
Intel shares are sliding in the pre-market after the chipmaker posted a tepid current-quarter outlook. Investors have worried that the Dow component hasn't done enough to shift its focus away from the slowing PC market and toward mobile devices.
3. General Electric [GE]
It's been a choppy morning for General Electric shares. The blue-chip conglomerate initially rallied on a revenue beat. However, the shares are pulling back over concerns about GE Capital -- the company's financial arm.
4. United Parcel Service [UPS]
United Parcel Service sliced its full-year 2013 outlook beneath Wall Street's estimates, saying 'results were negatively impacted by the challenges of the compressed peak season coupled with an unprecedented level of online shopping that included a surge of last-minute orders.'
UPS is seen as an economic bellwether since so many industries rely on the company for shipping packages. The shares are off 4% in pre-market trading.
5. Twitter [TWTR]
Fresh on the heels of a price upgrade from Goldman Sachs, analysts at Stifel Nicolaus started the micro-blogging site at a 'buy.'