By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, October 2nd. Please refresh for updates. The premarket moves are all being overshadowed by general weakness in the market following President Donald Trump's positive test for the Covid-19 virus.
Tesla (NASDAQ:TSLA) stock fell 2.8%, after beating estimates for third-quarter vehicle deliveries, largely due to lower-margin Model 3 sedans.
Amazon (NASDAQ:AMZN) stock fell 2.4% after the online shopping giant said more than 19,000 of its U.S. frontline workers contracted the coronavirus this year, or 1.4% of the total.
Walmart (NYSE:WMT) stock fell 1.1% after agreeing to sell its British supermarket chain Asda to private equity group TDR Capital and the founders of petrol station operator EG Group for $8.8 billion.
Intel (NASDAQ:INTC) stock fell 2% despite saying Friday that it has won a second-phase contract in a project aimed at helping the U.S. military make more advanced semiconductors within the United States.
Uber (NYSE:UBER) stock fell 3.5% despite saying Friday that New York-based private equity firm Greenbriar Equity Group will invest $500 million in its logistics arm, Uber Freight, valuing the unit at $3.3 billion.
Royal Caribbean (NYSE:RCL) stock fell 3.9%, Carnival (NYSE:CUK) dropped 4.9%, United Airlines (NASDAQ:UAL) fell 4.5% and American Airlines (NASDAQ:AAL) dropped 3.8%, with the travel industry hit hard by the lack of progress on a stimulus package in Congress.
Pool (NASDAQ:POOL) stock fell 2.5% despite being set to replace E*Trade Financial (NASDAQ:ETFC) in the S&P 500 index, after the acquisition of E*Trade by Morgan Stanley (NYSE:MS) is completed.
Twilio (NYSE:TWLO) stock soared 9% after the cloud communications company said it expects its third-quarter revenue to be more than the $401 million to $406 million range it had provided in August.
Nu Skin Enterprises (NYSE:NUS) stock rose 9.4% after the nutrition and personal care products retailer raised its third-quarter revenue guidance, driven by growth in its digital sales.