News Formal

Stocks making the biggest moves before the bell: Tesla, Verizon, Block, Alcoa and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 28 min. at publisher
  • 📊 Quality Score:
  • News: 104%
  • 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 in premarket trading. Li Auto , Tesla — The electric vehicle makers tumbled more then 7% and 3%, respectively, following announcements of price cuts. Tesla chopped down the sticker price of its Model 3 in China, on top of decreases in other markets Reuters reported . Li lowered price tags on many models, including its newly launched MEGA SUV. U.S. shares of Chinese electric vehicle makers Nio and Xpeng slipped more than 2% in tandem.

Crypto stocks — Beyond Riot, several other bitcoin-related names moved on the heels of the halving. Coinbase rose 2.2%, while Marathon Digital and Microstrategy each climbed over 4%. Alcoa — The aluminum company added 1.2% after Morgan Stanley upgraded shares to equal weight from underweight. Morgan Stanley cited a better risk-reward backdrop, improving profitability and more potential benefits from the Inflation Reduction Act. Block — Shares added 0.

 

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

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: 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: Duolingo, JetBlue, Tesla, D.R. Horton and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: EBay, Tesla, Taiwan Semiconductor, Alaska Air and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

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