Breaking News
Investing Pro 0
Free Webinar - What Is a Gold IRA? Fees, Advantages, and Risks - December 7, 2022 | 01:00PM EST Enroll Now

Tesla, Credit Suisse Fall Premarket; Wells Fargo, Viasat, Box Rise

Stock Markets Oct 03, 2022 07:52AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.
 
GOOGL
-1.76%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
WFC
-1.26%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
LHX
+0.25%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
TSLA
-3.64%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
VSAT
-3.49%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
BOX
-0.14%
Add to/Remove from Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Monday, October 3rd. Please refresh for updates.

  • Alphabet (NASDAQ:GOOGL) stock rose 0.4% after the tech giant shut its Google Translate service in Mainland China, closing one of its few remaining consumer products in the second largest economy in the world.

  • Credit Suisse (NYSE:CS) stock fell 5.6% after reassurances from the bank's senior management over the weekend failed to calm fears about its stability as the cost of insuring its debt against default exploded.

  • Tesla (NASDAQ:TSLA) stock fell 4.8% after the electric car manufacturer announced lower-than-expected deliveries in the third quarter, citing logistical challenges.

  • Wells Fargo (NYSE:WFC) stock rose 1.2% after Goldman Sachs upgraded its stance on the banking giant to 'buy' from 'neutral', saying its offer an "underappreciated earnings growth story."

  • Viasat (NASDAQ:VSAT) stock rose 12.1% after the Wall Street Journal reported that defense contractor L3Harris Technologies (NYSE:LHX), down 1.4%, is close to a deal to buy a military communications business from the satellite specialist.

  • Box (NYSE:BOX) stock rose 4.1% after Morgan Stanley upgraded its stance on the cloud-based content management provider to 'overweight' from 'equal weight', saying it can surge nearly 40%.

  • Myovant Sciences (NYSE:MYOV) stock soared 33% after the biopharmaceutical company rejected a bid by its largest shareholder, Sumitovant Biopharma, to buy the shares it doesn’t already own, saying the offer significantly undervalues the company.
Tesla, Credit Suisse Fall Premarket; Wells Fargo, Viasat, Box Rise
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Buy And Sell
Buy And Sell Oct 03, 2022 8:58AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Warning watch out for volatility today due to Credit Suisse problems. Sell all stocks before you go totally broke. This can be start of a downward trend for stocks and it will last until summer of 2025...
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email