Live Markets, Charts & Financial News

Levi Strauss, Tesla, Stellantis fall premarket; EQT Corporation rises By Investing.com

1

Investing.com – US stocks fell on Thursday, with traders nervous ahead of Friday’s important monthly jobs report and as tensions in the Middle East remain fraught.

Here are some of the biggest movers of US stocks in the pre-market today

  • Levi Strauss (NYSE:) stock fell 11% after the jeans maker announced it had put its Dockers brand under review for a potential sale and cut its full-year revenue forecast at a group level.

  • Tesla (NASDAQ:) stock fell 1.6%, as the electric vehicle maker is unlikely to increase its annual sales this year even with price cuts, Bernstein says, warning of a bumpy road ahead that is unlikely to be saved by the launch of robotaxis. .

  • He whispers her health (NYSE:) stock fell 7.8% after the Food and Drug Administration said there were no longer shortages of Eli Lilly’s obesity and diabetes drugs Zepbound and Mounjaro, hitting the telehealth company’s market as it sells generic prescription drugs directly to the consumer, including… That weight. -Loss medications.

  • Stellantis (NYSE:) stock fell 3.9% after Barclays lowered its investment grade rating on the Jeep maker to “equal weight” from “overweight,” in the wake of the auto giant cutting its guidance for the year.

  • Amazon (NASDAQ:) stock fell 0.7% after Morgan Stanley warned that the e-commerce giant’s Wall Street earnings outlook, especially for the fourth quarter of 2024, may be overly optimistic.

  • Wolfspeed (NYSE:) stock fell 4.7% after Mizuho downgraded the chipmaker to “underperform” from “neutral,” forecasting slowing global electric vehicle sales in the second half of 2024 and in 2025 and increased supply from China.

  • EQT Company (NYSE:) stock rose 0.5% after Citigroup upgraded the energy company to “buy” from “neutral,” forecasting a tighter U.S. gas market in 2025.

Comments are closed, but trackbacks and pingbacks are open.