Walgreens (WBA)

Shares of the drug store operator fell 2.7% in premarket
action after it reported adjusted earnings of 96 cents per share, which is 4
cents above estimates. Revenue also beat analyst forecasts. Walgreens also
reaffirmed its full-year guidance, forecasting low-single-digit earnings
growth. 

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Xerox (XRX)

Xerox slipped 1% in the premarket. Chief Executive Officer
John Visentin died at age 59 due to complications from an ongoing illness. The
printer and copier maker has appointed Chief Operations Officer and President
Steve Bandrowczak interim CEO.

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Spirit Airlines (SAVE)

Spirit added 1.2% in premarket action after it postponed
shareholders’ vote on its proposed merger with Frontier Group (ULCC) until July
8. The postponement comes as JetBlue (JBLU) continues to push Spirit to accept
its rival bid. Frontier Group rose 1.8% and JetBlue fell 3%.

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Pfizer (PFE), BioNTech (BNTX)

The drugmakers signed a $3.2 billion agreement with the US
government to provide 105 million doses of their COVID-19 vaccine. That would
include supplies of an updated vaccine for the omicron variant, pending FDA
approval. BioNTech gained 1.1% in the premarket.

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Constellation Brands (STZ)

Shares of the spirits producer added 1% in premarket action
after beating estimates by 14 cents with adjusted quarterly earnings of $2.66
per share. Revenue was also above market estimates. Constellation also issued
an upbeat full-year forecast.

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Acuity Brands (AYI)

Acuity shares jumped 5% in the premarket after it beat top
and bottom-line estimates for its latest quarter. Acuity’s results were driven
by strength in its lighting business.

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RH (RH)

The home goods and furniture retailer’s stock fell 7.7% in
premarket trading as it lowered its full-year financial guidance. The company
previously known as Restoration Hardware cited a deteriorating economy and a
slump in home sales.