Stocks making the biggest moves premarket: Rivian, Credit Suisse, Poshmark and more

2 years ago 170

R.J. Scaringe, Rivian's CEO, introduces the satellite to his company's R1T all-electric pickup and all-electric R1S SUV astatine the Los Angeles Auto Show successful Los Angeles, California, November 27, 2018.

Mike Blake | Reuters

Check retired the companies making headlines successful premarket trading Tuesday.

Rivian — Rivian's banal rallied 9.3% aft the electrical conveyance shaper announced that third-quarter accumulation roseate 67% from the 2nd quarter. The institution besides noted it's connected way to conscionable its accumulation goals for the year.

related investing news

Cathie Wood snaps up   $32 cardinal  worthy  of Tesla shares aft  sell-off

CNBC Pro

Poshmark — Poshmark shares rallied 12.1% pursuing quality that South Korean net elephantine Naver is purchasing the fashionable online retail tract for $17.90 a share, oregon astir $1.2 cardinal successful an all-cash deal.

Domino's Pizza — Shares of the quick-service pizza edifice ticked 3.3% higher successful the premarket arsenic UBS upgraded the banal to a bargain standing and said concerns of slowing request for pizza are overblown.

Credit Suisse — Shares of Credit Suisse, which were volatile during Monday's trading, gained astir 4% successful the premarket. A study implicit the play said the lender is successful discussions with large investors arsenic concerns equine implicit the bank's fiscal wellbeing.

Gilead Sciences — The biopharmaceutical banal added 3.1% successful the premarket after JPMorgan Chase upgraded the banal to overweight and said shares are presently undervalued.

Rocket Pharmaceutical — Shares slumped 3.7% aft Rocket Pharmaceutical announced plans for a $100 cardinal banal offering, giving underwriters a 30-day accidental to acquisition up to $15 cardinal worthy of further shares.

Tesla — Tesla shares roseate much than 3% successful the premarket, regaining immoderate of the crisp losses seen successful the erstwhile session. The electrical car maker's banal connected Monday dropped much than 8% for its biggest one-day driblet since June 3. The determination came aft Tesla reported disappointing third-quarter transportation numbers.

Read Entire Article