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Recently, several companies have been making headlines before the bell with significant stock movements. Micron, a semiconductor manufacturer, saw its shares slip nearly 6% after posting revenue guidance for the current quarter. While GSK, a biopharmaceutical company, experienced a 2% slide after the CDC delayed recommending RSV vaccines for adults younger than 60.
Levi Strauss, the iconic denim maker, faced a 15.4% drop in stock price after revenue came in slightly under analyst expectations. International Paper also saw a 13% decline following the termination of acquisition negotiations by Suzano. Walgreens Boots Alliance reported an 11% tumble in shares after an earnings miss and a cut in full-year profit outlook.
Goldman Sachs and U.S. Bancorp also experienced declines in stock value, with the former slipping 2% following stress test results and the latter slipping 1% due to a downgrade by J.P. Morgan.
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