Stock index futures were mixed before the bell Wednesday as investors digested the latest labor data. Here are the four stocks to watch on the day:
CoStar Group (CSGP) rose 3.93% in premarket trade after the company announced its financial guidance for 2026 and a new $1.5 billion share repurchase authorization. The company expects 2026 revenue to be in the range of $3.78 billion to $3.82 billion, representing approximately 18% year-over-year growth over the midpoint, in line with the $3.82 billion consensus estimate.
Warner Bros. Discovery (WBD) slipped 0.67% in premarket trade after its board unanimously determined that Paramount Skydance’s amended tender offer is not in the best interests of the company and its shareholders. The board reiterated its recommendation supporting the Netflix combination, stating that Paramount Skydance’s offer does not meet the criteria of a “superior proposal” under the terms of the merger agreement with Netflix announced on December 5.
W.R. Berkley (WRB) fell 1.4% in premarket trade after Evercore ISI downgraded the stock to Underperform from In Line. The downgrade was driven by perceived downside risk to the company’s earnings from worsening margins and slower topline growth.
Sandisk (SNDK) declined 1.4% in premarket trade and will be closely watched after memory and storage stocks surged on Tuesday amid the artificial intelligence spending boom. Sandisk soared 27.6% in the prior session as investors continued to flock to the space.