News Formal

Stocks making the biggest moves premarket: EBay, Tesla, Taiwan Semiconductor, Alaska Air and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 25 min. at publisher
  • 📊 Quality Score:
  • News: 93%
  • Publisher: 72%

Business News

Breaking News: Markets,Stock Markets,Economy

These are the stocks posting the largest moves in premarket trading.

Check out the companies making headlines before the bell. Taiwan Semiconductor Manufacturing — U.S.-traded shares of the Taiwanese chipmaker fell 2.4% despite beating revenue and profit expectations in the first quarter. The company reported no structural damage from the earthquake in Taiwan earlier in April, but noted some wafers "had to be scrapped." Most of the lost production will be recovered in the second quarter, according to management.

forecasts healthy growth in 2024 and guided second-quarter revenue to a range between $19.6 billion and $20.4 billion. Tesla — Shares of the electric vehicle maker were down more than 2% after a Deutsche Bank downgrade to hold from buy. "The delay of Model 2 efforts creates the risk of no new vehicle in Tesla's consumer lineup for the foreseeable future, which would put continued downward pressure on its volume and pricing for many more years," the bank said. D.R.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: UnitedHealth, SolarEdge, Bank of America, Tesla and moreThese are some of the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Tesla, Goldman Sachs, Salesforce and moreThese are some of the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Cava, Nvidia, Deckers, Block, Taiwan Semiconductor and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: GE Vernova, SoFi Technologies, Tesla and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Tesla, Take-Two Interactive, BJ's Wholesale, Boeing and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Intel, Tesla, Dave & Buster's, Paramount and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »