Stocks – Linde, Walt Disney Rise Premarket; Tyson Foods Slumps

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Investing.com – Stocks in focus in premarket trading on Tuesday:

• Linde (NYSE:) stock was up 1.4% in premarket trade by 8:20 AM ET (11:20 GMT) after the industrial gas supplier raised its growth forecast for the third time this year and its earnings came in higher than expected.

• Craft Brew (NASDAQ:) stock surged 122% after reports that Anheuser Busch Inbev (BR:) will buy out its remaining shareholders in a $321 million deal.

• Nissan Motor (OTC:) ADRs fell 0.3% after the company slashed its profit and sales forecasts for the fiscal year.

Tyson Foods (NYSE:) stock slipped 2.1% after it missed its third-quarter estimates as chicken revenue came in lower than anticipated due to an unexpected drop in prices.

Advance Auto Parts (NYSE:) stock slumped 5% after its same-store sales came in below estimates, even though it beat forecasts on the top and bottom line. The company also announced another $700 million to its share buyback program.

• Walt Disney Company (NYSE:) stock rose 0.8% ahead of the launch of its Disney+ service, with which it aims to put pressure on Netflix (NASDAQ:), HBO and other streaming services.

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