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Stocks making the biggest moves premarket: American Airlines, AutoZone, GlaxoSmithKline and others
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cnbc.comIn this article
Check out the companies making headlines before the bell:
American Airlines (AAL) – Chief Executive Officer Doug Parker announced he would step down from that job on March 31 and remain as chairman. He'll be replaced as CEO by current American Airlines President Robert Isom. American rose 3% in the premarket.
AutoZone (AZO) – The auto parts retailer reported a quarterly profit of $25.69 per share, beating the consensus estimate of $20.87. Revenue also beat estimates, with comparable store sales jumping 13.6%. Analysts surveyed by StreetAccount had predicted a comp-store sales rise of 5%.
Designer Brands (DBI) – The footwear retailer beat estimates by 30 cents with adjusted quarterly earnings of 86 cents per share, but
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