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Tesla, United, American Airlines Rise Premarket; Carvana, Equifax Fall

Published 04/21/2022, 07:52 AM
Updated 04/21/2022, 07:52 AM
© Reuters.

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, April 21st. Please refresh for updates.

  • Tesla (NASDAQ:TSLA) stock rose 7.6% after the world’s most valuable car manufacturer delivered a better-than-expected quarterly report after the close Wednesday.

  • United Airlines (NASDAQ:UAL) rose 8.3% after the carrier revealed upbeat second quarter guidance late Wednesday, forecasting a profit in 2022 as travelers return to the air post-COVID.

  • AT&T (NYSE:T) stock rose 1% after the telecoms giant posted a 2.5% rise in core wireless revenue for the first quarter, as demand for high-speed internet soared as consumers ramp up their home networks to meet the challenges of hybrid work and education.

  • American Airlines (NASDAQ:AAL) stock rose over 11% after the carrier reported a smaller adjusted first quarter loss, as a strong pickup in travel in March helped offset a blip in January caused by the Omicron variant of COVID-19.

  • Carvana (NYSE:CVNA) stock fell 4.9% after the online used car retailer posted a weak earnings report, with the company citing supply chain problems and a rising interest rate environment.

  • CSX (NASDAQ:CSX) stock rose 2.6% after the rail transportation company beat quarterly earnings expectations, with higher shipping rates offsetting a slight decline in the number of shipments it handled.

  • Dow (NYSE:DOW) stock rose 2.5% after the chemicals maker reported a surge in first quarter profit, helped by stronger product prices as supplies remained tight amid robust demand.

  • Equifax (NYSE:EFX) stock fell 11% after the consumer credit reporting agency forecast a sharp slowdown in mortgage credit enquiries over the rest of the year.

  • Blackstone (NYSE:BX) stock rose 5% after the asset manager reported its first quarter distributable earnings jumped 63%, boosted by a strong performance from its real estate and credit businesses.

  • Rite Aid (NYSE:RAD) stock fell 2.4% after the pharmacy chain’s board rejected a buyout offer from private enquiry firm Spear Point Capital Management.

  • AutoNation (NYSE:AN) stock rose 3% after the country’s largest auto retailer reported a more than doubling of its first quarter profit, boosted by robust demand for used vehicles.

Latest comments

American circusssss
The most flagrant run of criminal manipulation in weeks, as we enter day 3 of another manufactured string of unjustified "rallies."  One day losses and strings of "gains," only in the biggest investment JOKE in the world.
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