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Stocks making the biggest moves premarket: Chevron, Exxon Mobil, Newell Brands and more
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cnbc.comIn this article
Check out the companies making headlines before the bell:
Chevron (CVX) – Chevron gained 2.1% in the premarket after posting its highest quarterly profit in 8 years amid surging energy prices. Chevron earned an adjusted $2.96 per share for the third quarter, beating the $2.21 consensus estimate, with revenue also beating Wall Street forecasts.
Exxon Mobil (XOM) – Exxon exceeded estimates by 2 cents with adjusted quarterly earnings of $1.58 per share, though revenue came in below analyst forecasts. Exxon was helped by stronger demand and higher prices, among other factors, and its profit was its highest in four years. Exxon added 1.5% in premarket trading.
Newell Brands (NWL) – The company behind consumer product brands like
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