By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Thursday, March 18th. Please refresh for updates.
Williams-Sonoma (NYSE:WSM) stock rose 11% after the retailer posted strong quarterly earnings, helped by consumers buying more cookware as they spent more time at home during the pandemic.
Alphabet (NASDAQ:GOOGL) stock fell 1.6% after the tech giant’s Google unit announced plans to invest over $7 billion in offices and data centers in the United States this year.
Tesla (NASDAQ:TSLA) stock fell 2.5% after a report that the carmaker’s most popular model in the U.K., Model 3, will no longer be covered by the country’s subsidy program. The stock is also being weighed on by reports of a crash in Michigan that reportedly involved a Tesla's Autopilot system.
Apple (NASDAQ:AAPL) stock fell 1.4%, suffering from the tech selloff, despite Bloomberg reporting that the company is planning to launch a new line of iPads as early as next month.
Five Below (NASDAQ:FIVE) stock rose 5.2% after the discount retailer reported its strongest comparable sales growth in the holiday quarter since 2011.
Pagerduty (NYSE:PD) stock fell 5.3% after the cloud computing company issued disappointing guidance for the first quarter and the full-year, overshadowing healthy figures for the last quarter.
Lordstown Motors (NASDAQ:RIDE) stock fell 4.6% after the SEC asked the electric vehicles start-up for more information about allegations that it misled investors about its progress to date.
Six Flags (NYSE:SIX) stock rose 0.3% after the amusement park operator said it will reopen its theme park in Mexico starting Thursday, and both of its California properties to the public on April 3.
Dollar General (NYSE:DG) stock fell 4.7% after the discount retailer’s earnings and guidance fall short of expectations.
- Accenture (NYSE:ACN)stock rose 4.1% after the consulting firm beat quarterly expectations for earnings and revenue, as more companies utilized its services to move to cloud-based operations.