Get 40% Off
💰 Buffett reveals a $6.7B stake in Chubb. Copy the full portfolio for FREE with InvestingPro’s Stock Ideas toolCopy Portfolio

FedEx, AT&T fall in premarket trade; Nikola rises

Published 04/01/2024, 07:46 AM
© Reuters.
- -- Stocks in focus in premarket trade on Monday, April 1. Please refresh for updates.

  • FedEx (NYSE:FDX) stock fell 2% after it said it was unable to reach an agreement with UPS to provide domestic transportation services despite extensive negotiations. The current agreement is due to expire by on Sept. 29.
  • AT&T (NYSE:T) stock was down in premarket trading after the telecom giant said that personal data from about 7.6 million current account holders and 65.4 million former customers was leaked onto the dark web.
  • Nikola (NASDAQ:NKLA) stock was up 9% in premarket trading, set to extend gains for a record-setting ninth consecutive session.
  • Barrick Gold (NYSE:GOLD) stock rose as gold hit fresh record highs on bets that the Federal Reserve will start cutting interest rates as soon as June.
  • Liberty Media Corp.  (NASDAQ:LSXMA) stock rose after it said it is buying the motorcycle racing league MotoGP World Championship from Bridgepoint and Canada Pension Plan Investment Board as part of a $3.8 billion (€3.5 billion) deal.
  • Delta Air Lines (NYSE:DAL) stock advanced after Morgan Stanley named the Atlanta-based airline stock a top pick for 2024.
  • Micron Technology (NASDAQ:MU) rose after Bank of America raised it's price target on the stock, saying demand for high-bandwidth memory technology will grow to more than $20 billion by 2027. 
  • Other advancers: (NASDAQ:JD), Block (NYSE:SQ), Alibaba (NYSE:BABA), Affirm Holdings (NASDAQ:AFRM)
  • Other decliners: MicroStrategy (NASDAQ:MSTR), Cognizant (NASDAQ:CTSH), Dynatrace (NYSE:DT),Palantir (NYSE:PLTR)

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.