FedEx, Lyft Rise Premarket, Nike Falls By Investing.com

By Peter Nurse 

Investing.com — Stocks in focus in premarket trade on Friday, March 19th. Please refresh for updates.

• FedEx (NYSE:FDX) stock rose 5.1% after the delivery firm said its quarterly profit jumped more than expected on higher prices and surging volume from pandemic-fueled e-commerce deliveries during the holiday shipping season.

• Nike (NYSE:NKE) stock fell 2.2% after quarterly sales from the world’s largest shoe maker missed estimates due to shipping issues and a pandemic-related slump at brick-and-mortar stores, while its full-year revenue forecast also disappointed.

• Amazon (NASDAQ:AMZN) stock rose 0.8% after the company signed a deal with the NFL, becoming the exclusive partner for the league’s “Thursday Night Football” games, the first time a streaming service will carry an exclusive package of games.

• Lyft (NASDAQ:LYFT) stock rose 0.2% after the ride-hailing company reported that last week was its biggest since March 2020, with ride volume reaching a record for the year. 

• Ford (NYSE:F) stock rose 3.8% after the automaker said it will for now assemble its flagship, highly profitable F-150 pickup trucks and Edge SUVs in North America without certain parts and idle two assembly plants due to the global semiconductor chip shortage.

• AstraZeneca (NASDAQ:AZN) ADR rose 0.4% after both European and British medical regulators recommended that its Covid-19 vaccine, developed with Oxford University, should continue to be rolled out despite reports of blood clots.

• Sarepta Therapeutics (NASDAQ:SRPT) stock rose 3.4% after the biopharmaceutical company released encouraging trial results for its muscular dystrophy treatment. 

• Skillz Platform (NYSE:SKLZ) stock fell 8% after the mobile gaming company announced a 32 million share public offering, priced at $24 per share.