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Tesla, Apple and Southwest rise premarket; Cal-Maine Foods falls

AuthorPeter Nurse
Published 12/29/2022, 07:16 AM
Updated 12/29/2022, 07:57 AM
© Reuters

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, December 29th. Please refresh for updates.

  • Southwest Airlines (NYSE:LUV) stock rose 0.1%, rebounding after sharp losses although the low-cost carrier continues to scrap flights, drawing the wrath of U.S. Transportation Secretary Pete Buttigieg who stated the thousands of canceled flights indicated a system failure at the company.

  • Tesla (NASDAQ:TSLA) stock rose 4.5% after falls of nearly 70% this year, with CEO Elon Musk telling employees that they should not be "bothered by stock market craziness."

  • Apple (NASDAQ:AAPL) stock rose 1%, bouncing after falling to its lowest since June 2021 as U.S. Treasury yields fall.
  • Cal-Maine Foods (NASDAQ:CALM) stock fell 4.5% after the nation's largest egg producer reported a sharp rise in egg prices following a rise in feed costs.
  • Taiwan Semiconductor Manufacturing (NYSE:TSM) stock rose 1.1% after the chipmaker began mass production of its most advanced chips in southern Taiwan.
  • ImmunoGen (NASDAQ:IMGN) stock fell 2.7% after the biotech announced Chief Financial Officer Susan Altschuller would not be returning to the company after taking a leave of absence.

Latest comments

Hi
hi
Hi
hallo
hey
Good evening
Losses have to be reversed, so criminally manufactured "rallies" will appear.  Par for the course in the greatest financial FRAUD in history, and biggest investment JOKE in the world.
I guess the whim today is up. Markets a complete joke with zero sense of reality.
Yep, the market is crazy. Use it for own advantage.
TSLA has become a value stock with good forecast for 2023. CALM drop is purely technical, share price will regain highs in few days.
The pre-market FRAUD commences flagrantly as ever.
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