Check out the companies making headlines in premarket trading. Nvidia — Stock in the chipmaker slipped less than 1% before the opening bell, but the artificial intelligence play and "Magnificent Seven" leader officially entered correction territory on Tuesday. Shares have fallen 10% from an all-time closing high of $950 per share on March 25.
GoodRx — Shares climbed nearly 4% after KeyBanc upgraded the telemedicine stock to overweight on the heels of a strong subscriber growth forecast. Deckers Outdoor — Shares slipped more than 2% after Truist downgraded the footwear stock to hold over concerns that demand for core products including Hoka is declining.
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Tech stocks slide as pivotal Nvidia conference and Fed meeting come into focusEvery weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.
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