By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Tuesday, April 5th. Please refresh for updates.
Twitter (NYSE: TWTR ) stock rose 0.9% after new investor Elon Musk immediately carried out a poll of his 80 million followers on whether to introduce an edit button, a measure that social media giant’s own management has resisted.
Carnival (NYSE: CCL ) stock rose 4.7% after the cruise operator reported its highest booking week in its history, helping peers Norwegian Cruise Line (NYSE: NCLH ) and Royal Caribbean (NYSE: RCL ) stock both gain well over 3%.
General Motors (NYSE: GM ) stock rose 1.5% after the U.S. auto giant announced a plan to partner with Honda to develop a series of affordable electric vehicles.
Nio (NYSE: NIO ) ADRs rose 2% after the Financial Times reported that the Chinese electric car maker is speaking with peers about licensing its battery swapping technology.
Carvana (NYSE: CVNA )stock fell 3.7% after RBC downgraded its investment stance on the online used car retailer to ‘sector perform’ from ‘outperform’, citing the potential difficulty in integrating its recent purchase of car auction company Adesa.
First Solar (NASDAQ: FSLR ) stock fell 5% after Bank of America downgraded its stance on the manufacturer of solar panels to ‘underperform’ from ‘neutral’, saying growth estimates may be too optimistic.
- Farfetch (NYSE: FTCH ) stock rose 1.8% after the luxury retailer said it will make an investment of up to $200 million in Neiman Marcus Group to support online growth at the high-end department store chain.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.