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Carnival, Oracle Fall Premarket; Herman Miller Gains

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Thursday, September 17th. Please refresh for updates.

Snowflake (NYSE:SNOW) stock fell 3.8%, with some investors taking profits after the company’s stock more than doubled on its first day of trading after the biggest software IPO in history.

Carnival (NYSE:CUK) stock fell 3.2% after its P&O Cruises canceled all sailings until early next year amid a sustained rise in coronavirus cases in Europe.

Oracle (NYSE:ORCL) stock fell 1.2% after doubts emerged over the proposed deal for the U.S. software firm to become a technology partner in ByteDance’s TikTok app, with both Chinese and U.S. officials needing to give their approval.

Tesla (NASDAQ:TSLA) stock fell 4.7%, continuing its volatile trading with the company's keenly awaited Battery Day less than a week away. Apple (NASDAQ:AAPL) stock fell 2.1% after the tech giant failed to mention the iPhone 12 in this week's September event. The October get together now looms large. 

Uber (NYSE:UBER) stock fell 2.3% after Bloomberg reported that the company is planning to sell part of its $6.3 billion stake in Chinese ride-hailing firm Didi Chuxing to raise cash.

Herman Miller (NASDAQ:MLHR) stock rose 14% after the office furniture builder received strong retail demand as people had to buy furniture in order to work from home.

Moderna (NASDAQ:MRNA) stock rose 3.4% after the company announced a collaboration with Vertex Pharmaceuticals (NASDAQ:VRTX) to treat cystic fibrosis.

BioNTech (NASDAQ:BNTX) stock rose 1.8% after buying a production facility from Novartis in order to boost production of its potential Covid-19 vaccine within Europe.

51job (NASDAQ:JOBS) stock rose 11% after the human resources services company said it has received a bid from DCP Capital Partners, valuing it at $5.3 billion.

MetLife (NYSE:MET) stock rose 1% after announcing plans to buy vision-care benefits company Versant Health for $1.68 billion, with the deal expected to close in the fourth quarter. Jfrog (NASDAQ:FROG) stock fell 6.6% amid profit-taking after jumping almost 50% on its opening day after a successful IPO.

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