On this episode of Stock Movers:
- Software company Datadog (DDOG) will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co.
- FedEx (FDX) is double-upgraded to outperform at BNP Paribas Exane, with the broker saying the stock is “arguably oversold,” expecting the firm’s relative operational outperformance vs. rival UPS to continue. UPS is meanwhile upgraded to neutral from underperform.
- Synopsys (SNPS) and Cadence Design both gain 6.1% in premarket trading after the US lifted export license requirements for chip design software sales in China, clearing the way for the companies to resume services in the world’s second-biggest economy.

Gamestop Drops, Norwegian Cruise Line Falls, Tyson Foods Rises as Protein Demand Offsets Beef Pain
03:28

Fedex Falls, Ebay Rises, Norweigian Cruise Line Drops After Seeing Sharpest Profit Drop Among Rivals
02:52

Norwegian Cruise Falls; GameStop Pitches Takeover of eBay; Tyson Boosts Outlook
04:40