Stocks making the biggest moves premarket: Tesla, AT&T, Eli Lilly & more

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Some of the names on the move ahead of the open.

div > div.group > p:first-child"> Tesla — Tesla plans to unveil its Model Y SUV on March 14. CEO Elon Musk tweeted that the vehicle will cost about 10 percent more than the Model 3 and have slightly less range. Separately, Tesla paid off a $920 million convertible bond in cash late Friday. The settlement was in cash because Friday's close of $294.79 was below the conversion price of $359.87.

AT&T — AT&T is planning a revamp of CNN's digital operation, according to people familiar with the situation who spoke to The Wall Street Journal. John Stankey, head of AT&T's WarnerMedia unit, feels the unit is not reaching its potential. Children's Place — The children's clothing retailer earned an adjusted $1.10 per share for the fourth quarter, well below the $2.10 consensus estimate. Revenue also missed forecasts, and the company's full-year earnings outlook is also significantly below Street forecasts. Children's Place said its results have been impacted by the bankruptcy and liquidation of rival Gymboree.

 

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