Shares of Koninklijke Philips N.V. PHG rose sharply in today's pre-market trading after reporting first-quarter results. The company also resolved the respironics personal injury and medical monitoring litigation in the US for $1.1 billion. Koninklijke Philips shares jumped 37.1% to $28.87 in pre-market trading. Here are some other stocks moving in pre-market trading.
Open FlipUS Fed meet ahead: Even though the market seems to have fairly discounted the possibility of no rate cuts in the near future, all eyes are on the US Fed policy meeting outcome this week to get a cue on what the central bank thinks about the recent macro data on growth and inflation.The FOMC (Federal Open Market Committee) interest rate decision is due on Wednesday, May 1.
Open FlipRacks & Rollers IPO price band has been set in the range of ₹73 to ₹78 per equity share of face value of ₹10 each. Racks & Rollers IPO will open for subscription on Tuesday, April 30, and close on Friday, May 3. Racks & Rollers IPO lot size consists of 1,600 shares. Minimum application size of 1,600 equity shares and in multiples of 1,600 equity shares thereafter.
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