Stocks – Tesla, Crowdstrike Rise Premarket; Uber, Zoom Video Fall

This post was originally published on this site

https://i-invdn-com.akamaized.net/news/LYNXMPEE6H1AX_M.jpg
© Reuters. © Reuters.

Investing.com — Stocks in focus in premarket trade on Friday, 6th December.

  • Tesla (NASDAQ:) stock was up 1.6% on a report that its cars had been approved for government subsidies in China, the world’s largest market for electric vehicles.
  • Uber (NYSE:) stock fell 1.2% after the company released a report documenting 515 rapes or attempted rapes on its passengers by drivers in the U.S. last year. The report detailed nearly 6,000 cases of sexual abuse by drivers over 2017 and 2018.
    • Zoom Video (NASDAQ:) stock fell 9.1% after its outlook for 2020 failed to impress, despite the company posting better-than-expected quarterly numbers late on Thursday.
    • Crowdstrike (NASDAQ:) stock was up 2.2% after beating expectations for revenue and earnings after the bell on Thursday.
  • General Motors (NYSE:) was down 0.3%, seemingly unmoved by news of a $2.3 billion joint venture with LG Chem to build a new battery plant for electric cars in Ohio.
    • American Outdoor Brands (NASDAQ:) stock rose 4.4% after raising its full-year outlook, saying that demand for its Smith & Wesson firearms was stabilizing. Quarterly revenues also came in ahead of expectations.
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Add Comment