Invesco, Canadian National Railway Rise Premarket; Manchester United Falls

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By Peter Nurse 

Investing.com — Stocks in focus in premarket trade on Friday, September 17th. Please refresh for updates.

• Invesco (NYSE:IVZ) stock rose 5.1% after the Wall Street Journal reported that the money manager is in talks to merge with State Street’s asset-management business.

• Boeing (NYSE:BA) stock fell 0.2% following a report that one of its pilots is likely to face criminal charges for allegedly misleading regulators over the safety of the 737 MAX.

• Canadian National Railway (TSX:CNR) stock rose 1% following the news that the company will resume over $800,000 of share repurchases by the end of January next year after missing out on the acquisition of Kansas City Southern (NYSE:KSU).

• Take-Two (NASDAQ:TTWO) stock fell 1.4% after BMO downgraded the video game publisher to ‘market perform’ from ‘outperform’ after it delayed the release of the updated “Grand Theft Auto” game. 

• Lucid Group (NASDAQ:LCID) stock rose 5.6%, continuing Thursday’s similar sized gains as official recognition of its electric vehicles’ capabilities encouraged investors to switch into the stock.

• Manchester United (NYSE:MANU) stock fell 1.8% after the English soccer club reported a wider full-year loss after a season marred by pandemic-induced lockdowns and empty stadiums.

• Diamondback Energy (NASDAQ:FANG) stock rose 3.7% following the energy producer announcing an accelerated capital return plan and approving a $2 billion stock buyback.