Meta Platforms, Hasbro and Comcast rise premarket; First Republic fall

Investing.com — Stocks in focus in premarket trade on Thursday, April 27th. Please refresh for updates.

• Meta Platforms (NASDAQ:) rose 12% after the reported a 4.1% jump in ad revenue in the first quarter, recording growth for the first time in almost a year, helped by a solid performance by Reels, the tech giant’s answer to the craze for TikTok-like short-form videos.

• Caterpillar (NYSE:) stock rose 0.4% after the heavy machinery maker reported a rise in as a boost in U.S. infrastructure spending kept its order books full.

• Hasbro (NASDAQ:) stock rose 5% after the toy maker beat expectations for , boosted by strong growth in the company’s digital gaming segment.

• Merck (NYSE:) stock rose 1.2% after the drugmaker posted better-than-expected , helped by the strength of its blockbuster cancer immunotherapy Keytruda.

• eBay (NASDAQ:) stock rose 3% after the e-commerce company forecast current-quarter revenue above earlier estimates after March-quarter earnings expectations, as it benefits from its strategy of focusing on product categories including sneakers and watches.

• First Republic Bank (NYSE:) stock declined 0.8%, continuing to fall after the heavy losses of the previous two sessions as investors fret about the likelihood of a deal to secure its finances.

• Domino’s Pizza (NYSE:) stock rose 4.7% after the fast food company beat estimates for first quarter U.S. same-store sales, boosted by higher prices as well as new promotional offers and menu items.

• American Airlines (NASDAQ:) stock rose 0.7% after the carrier forecast second quarter profit above estimates as travel demand stays strong in the face of a looming recession.

• Comcast (NASDAQ:) stock rose 4.6% after the media giant’s beat expectations, helped by sustained demand for its broadband services and higher theme park attendance.