INVH Invitation Homes Inc

By Francesca Fontana 

Here are some of the companies with shares expected to trade actively in Friday's session. Stock movements reflect premarket trading.

Dropbox Inc. -- Down 8.9%: The company's chief operating officer is departing, which apparently unnerved investors despite its second-quarter revenue and earnings topping expectations.

Nike Inc. -- Unchanged: Two women filed a lawsuit against Nike, alleging it discriminated against them in pay and career advancement, the latest development in a workplace-culture scandal that started this spring at the company.

News Corp. -- Down 0.1%: The media company, which owns The Wall Street Journal, reported fourth-quarter earnings that were slightly above projections.

Tronc Inc. -- Unchanged: The company reported earnings that were in line with second-quarter expectations after Reuters reported that Tronc was in talks to sell the Chicago Tribune, among its other newspapers, to Donerail Group.

Qualcomm Inc. -- Down 0.6%: The chip supplier notched a victory in its effort to preserve its patent-licensing business, as it reached a settlement with the Taiwanese government that revokes a previous finding against the chip maker and saves the company nearly $700 million in fines.

Puma Biotechnology Inc. -- Up 12%: The biotech company reported second-quarter losses that were narrower than expected and sales that topped estimates.

Invitation Homes Inc. -- Unchanged: The real-estate company posted earnings that were in line with expectations, and reported higher-than-forecast revenue, boosted largely by its single-family home rental operation.

Universal Display Corp. -- Up 10%: The organic light manufacturer reported stronger-than-expected revenue in the second quarter.

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(END) Dow Jones Newswires

August 10, 2018 09:44 ET (13:44 GMT)

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