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Stocks - Tesla, Bed Bath & Beyond Jump in Pre-market; Cronos Falls

Published 03/26/2019, 08:15 AM
Updated 03/26/2019, 08:15 AM
© Reuters.

Investing.com - Stocks in focus in premarket trade Tuesday:

  • Tesla (NASDAQ:TSLA) stock jumped 1.8% by 8:15 AM ET (12:15 GMT) after a lawsuit over Tesla Model 3 production claims was dismissed.

  • Bed Bath & Beyond Inc (NASDAQ:BBBY) stock skyrocketed 17.2% after The Wall Street Journal reported that three activist funds are trying to replace its entire board over concerns that the company is not responding well to e-commerce.

  • Mastercard (NYSE:MA) stock rose 0.7% after it said it plans to invest $300 million in the London IPO of Dubai-based payments processor Network International.

  • Cronos Group (NASDAQ:CRON) stock slipped 0.4% after its fourth-quarter earnings report was lower than expected. The company reported losses per share of C$0.11 on C$15.7 million earnings.

  • Spotify Technology (NYSE:SPOT)stock was flat after news that it is acquiring podcast studio Parcast for an undisclosed amount.

  • Apple (NASDAQ:AAPL) stock rose 1.4% after closing in the red Monday; analysts remain skeptical of its streaming and credit card services initiatives, with many questions left unanswered, according to CNBC.

  • NVIDIA (NASDAQ:NVDA) stock was up 2.4% after Piper Jaffray began coverage of the chipmaker at 'overweight'.

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