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Stocks: GoPro, Tesla Fall in Premarket, Pepsi Fizzes

Published 10/03/2019, 08:58 AM
Updated 10/03/2019, 09:00 AM
© Reuters. -- Stocks in focus in premarket trading on Thursday.

  • GoPro (NASDAQ:GPRO) fell 16.4% to its lowest in a month after production delays to its latest camera caused it to cut its outlook for the second half.

  • Tesla (NASDAQ:TSLA) fell 4.9% after its third-quarter deliveries fell just short of the 100,000 mark predicted by CEO Elon Musk.
  • PepsiCo (NASDAQ:PEP) rose 2.1% after posting a solid increase in third-quarter revenue thanks to low-calorie drinks and a new version of Gatorade. Profit was down on the year but beat expectations.
  • Constellation Brands (NYSE:STZ) fell 2.9% after swinging to a loss in its fiscal second quarter, thanks to a writedown of its investment in cannabis company Canopy Growth and to lower wine and spirit sales.
  • Facebook (NASDAQ:FB) rose 0.1%, shaking off a ruling from the EU’s top court allowing governments to force it to take down content globally if it violates local law.
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