DocuSign, Netflix and Broadcom rise premarket; Lululemon, Costco fall By

By Peter Nurse

-- Stocks in focus in premarket trade on pricemarkets foreign exchange platformFriday, December 9th. Please refresh for updates.

• Activision Blizzard(NASDAQ:) stock fell 0.1% after the Federal Trade Commission started a lawsuit to stop Microsoft(NASDAQ:), up 0.5%, taking over the video games publisher.

• DocuSign(NASDAQ:) stock rose 11% after the tech company beat expectations for earnings and in the third quarter, with billings up 17% from the same time last year.

• (NASDAQ:) stock fell 6.3% after the sportswear retailer forecast a downbeat holiday-quarter, as shoppers turn cautious about spending on higher-priced clothing amid decades-high inflation.

• Costco Wholesale(NASDAQ:) stock fell 0.6% after the warehouse club operator missed first-quarter , with surging inflation pushing consumers to cut back spending and as operating expenses increased for the company.

• Netflix(NASDAQ:) stock rose 2.9% after Wells Fargo upgraded its stance on the to 'overweight' from 'equal weight', saying its content is "clearly improving".

• Broadcom(NASDAQ:) stock rose 3.9% after the chipmaker raised its guidance after producing better-than-expected for the last three months.

• Li Auto(NASDAQ:) stock fell 0.6% after the Chinese electric vehicle manufacturer posted another hefty in the third quarter, against the backdrop of higher input costs and repeated economic disruption from COVID-19 lockdowns.

• Credit Suisse(NYSE:) stock rose 4.5% after the Swiss lender completed a CHF 4 billion ($1=CHF0.9333) two-stage capital increase, giving CEO Ulrich Koerner the funds needed to proceed with his restructuring plan that includes the spin-off of the investment division.

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