Costco, Boeing, FedEx making big moves premarket

Stocks making the biggest moves premarket: FedEx, Costco, Boeing and more

Costco (COST) – Costco lost 3.3% in the premarket despite reporting better-than-expected profit and sales for its latest quarter.

FedEx (FDX) – FedEx remains on watch this morning after announcing a 6.9% increase in shipping rates and plans to cut another $4 billion in annual costs. FedEx fell 3.2% in the premarket.

Boeing (BA) – Boeing will pay $200 million to settle SEC charges that it made misleading claims about the safety risks …

Raytheon Technologies (RTX) – Raytheon won a $985 million Pentagon contract to develop hypersonic attack cruise missile prototypes, beating out rivals Boeing and Lockheed Martin (LMT).

{lots more stocks}…