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Tencent Music Entertainment, StoneCo And 3 Stocks To Watch Heading Into Monday
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Tencent Music Entertainment, StoneCo And 3 Stocks To Watch Heading Into Monday
May 12, 2024 11:31 PM

With U.S. stock futures trading higher this morning on Monday, some of the stocks that may grab investor focus today are as follows:

Wall Street expects Tencent Music Entertainment Group ( TME ) to report quarterly earnings at 14 cents per share on revenue of $916.95 million before the opening bell, according to data from Benzinga Pro. Tencent Music Entertainment ( TME ) shares fell 0.6% to $13.26 in after-hours trading.

JanOne Inc ( JAN ). announced plans to acquire ALT 5 Sigma Inc. The deal is projected to close in the week of May 13th.JanOne ( JAN ) shares jumped 12.2% to $4.50 in the after-hours trading session.

Analysts are expecting StoneCo Ltd. ( STNE ) to post quarterly earnings at 28 cents per share on revenue of $607.57 million. The company will release earnings after the markets close. StoneCo ( STNE ) shares gained 0.8% to $16.73 in after-hours trading.

Check out our premarket coverage here

Forward Industries, Inc ( FORD ). posted a second-quarter loss from continuing operations of 5 cents per share, versus a year-ago loss of 1 cent per share. Its revenues fell 19.6% to $7.8 million. Forward Industries ( FORD ) shares gained 2.4% to $0.5384 in the after-hours trading session.

Analysts expect Paysafe Limited ( PSFE ) to post quarterly earnings at 10 cents per share on revenue of $408.25 million after the closing bell. Paysafe ( PSFE ) shares rose 0.1% to $15.20 in after-hours trading.

Check This Out: How To Earn $500 A Month From Home Depot Stock Ahead Of Q1 Earnings

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