Check out the companies making headlines before the market opens. Micron Technology – The semiconductor maker reported revenue forecast of $7.6 billion for the current quarter, in line with analysts’ expectations, and its shares fell nearly 6%. Micron also reported third-quarter earnings and revenue. GSK — Shares of the biopharmaceutical company fell nearly 2% after the Centers for Disease Control and Prevention delayed recommending the RSV vaccine for adults under 60. The company’s previous revenue was $1.44 billion. International Paper — Shares of the paper maker fell 13% after Suzano decided to terminate potential acquisition talks. Suzano said it had reached the highest price for the overall value of the deal without hearing from the other party. Walgreens Boots Alliance – Shares of Walgreens Boots Alliance fell more than 11% after the retail pharmaceutical company reported lower-than-expected third-quarter profit and lowered its full-year adjusted profit forecast. Walgreens also said it would close underperforming stores to cut costs. Goldman Sachs – U.S. bank stocks fell nearly 2% after the results of the latest round of stress tests were released. The Federal Reserve said that the 31 largest banks in the United States can withstand a hypothetical severe recession. AeroVironment — Shares of AeroVironment fell 6% even after the drone maker reported better-than-expected fourth-quarter profit and revenue. However, the company reported fiscal 2025 EBITDA guidance that was 5% lower than analysts’ consensus estimates, according to FactSet. US Bancorp — Shares of the bank fell more than 1% after JPMorgan downgraded its rating to neutral from overweight. Analyst Vivek Juneja said the bank could come under pressure due to tougher capital requirements arising from stress tests. —CNBC’s Michelle Fox, Alex Harlin and Fred Ebert contributed reporting.
