Palo Alto, Dish Network,, EPAM Systems, and More Stock Market Movers

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Palo Alto stock surged on news it will enter the S&P 500 later this month.

David Paul Morris/Bloomberg

U.S. stock futures were mixed early Monday after the

S&P 500
enjoyed its best week since the end of March, helped by the strong May jobs report.

These stocks are moving the most early Monday:

Palo Alto Networks

(ticker: PANW) stock climbed 4.6% ahead of the open on news that it will join the S&P 500 on June 20, as part of the index’s quarterly rebalancing. The cybersecurity company will take the place of

Dish Network

(DISH) in the index, S&P Dow Jones Indices said late Friday. Shares in the television service company fell 3.2% in premarket trading.

(AI) stock fell 3.4%, while

Palantir Technologies

(PLTR) was 0.9% lower as AI-focused companies remained in focus following a recent surge higher.

Caesars Entertainment

(CZR) climbed 4.3% in premarket trading, building on the 7.7% gains it made Friday.

EPAM Systems

(EPAM) slid 12% after the software design company slashed its earnings guidance.

Dollar General

(DG) lost 1.3%. Analysts at Morgan Stanley downgraded the retailer to Equal Weight from Overweight.

Estee Lauder

(EL) slid 0.9%. Oppenheimer analysts cut their rating on the makeup company to Perform from Outperform.

Write to Callum Keown at…


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