Some of the stocks that may grab investor focus today are:
- Wall Street expects IHS Markit Ltd INFO to report quarterly earnings at $0.70 per share on revenue of $1.11 billion before the opening bell. IHS Markit shares fell 0.6% to $94.07 in after-hours trading.
- Microsoft Corporation MSFT is in talks to acquire Discord Inc. for more than $10 billion, Bloomberg reported. Microsoft shares rose 0.03% to $236.06 in the after-hours trading session.
- Analysts are expecting Adobe Inc ADBE to have earned $2.78 per share on revenue of $3.76 billion for the latest quarter. The company will release earnings after the markets close. Adobe shares rose 0.2% to $453.40 in after-hours trading.
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- Banc of California, Inc. BANC reported the purchase of Pacific Mercantile Bancorp PMBC for $9.77 per share in an all-stock deal. Pacific Mercantile shares fell 1.8% to close at $8.06, while Banc of California shares fell 4.5% to close at $19.54 on Monday.
- Analysts expect GameStop Corp. GME to post quarterly earnings at $1.35 per share on revenue of $2.21 billion after the closing bell. GameStop shares fell 1% to $192.58 in after-hours trading.
- After the markets close, AAR Corp. AIR to post quarterly earnings at $0.29 per share on revenue of $414.62 million. AAR shares fell 1.7% to close at $41.58 on Monday.
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