UPDATE: As the market prepares to open today, BMO (Bank of Montreal) highlights several key stocks that investors should monitor closely: ABM Industries, Gartner Inc. (GIS), and Warner Bros. Discovery (WBD). These developments come just ahead of market activities on December 17, 2023.
ABM Industries is under the spotlight following a recent announcement of a significant contract win. The company has secured a deal valued at $10 million with a major client in the healthcare sector, which is projected to enhance their revenue streams significantly. This news is expected to drive ABM’s stock performance today.
In addition, Gartner Inc. (GIS) has revealed updated guidance for its upcoming quarterly earnings, forecasting a 15% increase in revenue compared to last year. Investors are eager to see how this revised outlook will impact Gartner’s stock as it opens today.
Meanwhile, Warner Bros. Discovery (WBD) is facing scrutiny following a recent report on declining viewership for its flagship streaming service. Analysts predict that this trend could lead to a potential restructuring within the company. This uncertainty may influence investor sentiment and stock movement as the market opens.
The stock market is showing early signs of volatility, with analysts urging investors to keep a close watch on these companies. The developments surrounding ABM, GIS, and WBD could lead to significant shifts in market dynamics today.
Stay tuned for more updates as these stories develop throughout the trading day.
