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Premarket Movers: PEP Rises After Earnings Beat, LEVI And STZ Slide On Guidance, Analyst Cuts
Stocktwits ·
Stocktwits reports: Levi Strauss & Co. (LEVI), PepsiCo (PEP) and Constellation Brands (STZ) were in focus in premarket trading on Thursday, with LEVI and STZ shares under pressure while PepsiCo moved higher after quarterly results. Levi Strauss beat profit expectations but lowered its full-year revenue growth guidance, while PepsiCo topped quarterly estimates but cut its full-year earnings forecast. Constellation Brands faced a series of analyst price-target cuts and a downgrade. LEVI Stock…