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Companies in Pre-Market Trading: Nvidia, Alibaba, Albemarle, GoodRx

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Nvidia,Alibaba,Albemarle

Nvidia slips in premarket trading, Alibaba rises on positive management memo, Albemarle gains on upgraded rating, GoodRx climbs on subscriber growth forecast

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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