Pfizer, Novavax Rise Premarket; Tesla, Estee Lauder Fall By Investing.com

Pfizer, Novavax Rise Premarket; Tesla, Estee Lauder Fall

Stock Markets Nov 02, 2021 07:58AM ET

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Pfizer, Novavax Rise Premarket; Tesla, Estee Lauder Fall

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Tuesday, November 2nd. Please refresh for updates.

Tesla (NASDAQ:TSLA) stock fell 4.4% after the National Highway Traffic Safety Administration said the electric car maker is recalling nearly 12,000 U.S. vehicles because of a software communication error. CEO Elon Musk also tweeted that the company’s ground-breaking bulk order from car rental firm Hertz Global (OTC:HTZZ) hasn't been finalized yet.
Pfizer (NYSE:PFE) stock rose 3.1% after the drugmaker raised its full-year sales forecast for its Covid-19 vaccine by 7.5% to $36 billion, helped by deals for booster doses and potential shots in children. The ADRs of its partner BioNTech (NASDAQ:BNTX) rose 2.1%.
Novavax (NASDAQ:NVAX) stock rose 4.1% after the drugmaker secured emergency use approval for its Covid-19 vaccine in Indonesia, its first in any country. The company also said it expects to file a full submission for authorization to the U.S. Food and Drug Administration within in a few weeks.
Rogers (NYSE:ROG) stock rose over 30% after industrial materials maker DuPont de Nemours (NYSE:DD), up 0.4%, said it would buy the engineering materials technology maker for about $5.2 billion.
Estee Lauder (NYSE:EL) stock fell 2% after the perfume and makeup manufacturer cut its full-year sales forecast, as the delta variant of Covid-19 ushered in fresh lockdowns in certain markets, particularly China.
Under Armour (NYSE:UA) stock soared 9.2% after the sports apparel maker raised its annual revenue forecast, with consumers still seeking comfortable attire as companies push back their dates for mass returns to the office.
Chegg (NYSE:CHGG) stock slumped over 30% after the education technology company disappointed with its third-quarter report, prompting Morgan Stanley (NYSE:MS) to downgrade its investment stance to ‘equal-weight’ from ‘overweight’.
Clorox (NYSE:CLX) stock rose 2.2% after the bleach maker posted upbeat first-quarter results, with consumers still fixated on cleanliness in the wake of the pandemic.
Avis Budget (NASDAQ:CAR) stock rose 6.3% after the car rental company reported a strong third quarter, as well as announcing a $1 billion increase to its share repurchase program.
Simon Property Group (NYSE:SPG) stock rose 3.9% as the mall operator raised its 2021 profit forecast after soundly beating earnings expectations. It also lifted its quarterly dividend.

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Comments (1)

Mitchel Pioneer Nov 02, 2021 8:20AM ET

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The pre-market fraud unfolds flagrant as ever. Assume the position for another day of criminal manipulation, as the US Ponzi Scheme, biggest investment JOKE in history, prepares to defraud America in broad daylight.

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Pooran Sharma Nov 02, 2021 8:20AM ET

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Hopefully ill be on the right side of that

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frank zapper Nov 02, 2021 8:20AM ET

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Pooran Sharma hes obviously short lol

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US 30	31,487.3	+809.9	+2.64%
US 500	3,909.1	+113.4	+2.99%
Dow Jones	31,500.68	+823.32	+2.68%
S&P 500	3,911.74	+116.01	+3.06%
Nasdaq	11,607.62	+375.43	+3.34%
S&P 500 VIX	27.23	-1.82	-6.27%
Dollar Index	103.895	-0.297	-0.29%

Crude Oil WTI	107.06	+2.79	+2.68%
Brent Oil	113.19	+3.14	+2.85%
Natural Gas	6.173	-0.066	-1.06%
Gold	1,828.10	-1.70	-0.09%
Silver	21.130	+0.088	+0.42%
Copper	3.7365	-0.0025	-0.07%
US Soybeans	1,609.00	+15.75	+0.99%

SPDR S&P 500	390.08	+12.02	+3.18%
iShares Russell 2000	175.09	+5.26	+3.10%
Invesco QQQ Trust	294.61	+9.76	+3.43%
Direxion Daily Junior Gold Miners Bull 2X Shares	41.52	+2.75	+7.09%
iShares Silver	19.51	+0.14	+0.72%
ProShares Ultra VIX Short-Term Futures	14.39	-0.40	-2.70%
ProShares UltraPro QQQ	27.98	+2.65	+10.46%

Apple	141.66	+3.39	+2.45%
Alphabet A	2,359.50	+114.66	+5.11%
Tesla	737.12	+31.91	+4.52%
Amazon.com	116.46	+4.02	+3.58%
Netflix	190.85	+9.14	+5.03%
Meta Platforms	170.16	+11.41	+7.19%
Bank of America	32.31	+0.23	+0.72%

Pfizer, Novavax Rise Premarket; Tesla, Estee Lauder Fall

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