U.S. Markets closed

Stocks - Apple, Boeing, Facebook Rise in Premarket; Tesla Drops

Investing.com - Stocks in focus in premarket trade Wednesday:

• Apple (NASDAQ:AAPL) stock gained 1.01% by 8:13 AM ET (13:13 GMT) despite a report that the company is cutting its production plan for new iPhones by about 10% for the January-March quarter, according to the Nikkei Asian Review.

• Tesla (NASDAQ:TSLA) stock fell 0.51% amid news that the family of a Florida man who died in a high-speed automobile accident sued the company on allegations that the Tesla battery was defective and the company was negligent upon removing a speed limiter on the car.

• Boeing (NYSE:BA) stock rose 0.73% as it unveiled a faster, higher-flying plane aimed at reducing fuel consumption.

• Facebook (NASDAQ:FB) stock edged forward 0.54% amid news that CEO Mark Zuckerberg will hold public discussions about the future of technology for society as part of his New Year’s resolutions.

• Chesapeake Energy (NYSE:CHK) stock soared 5.71% after the company’s forecast for quarter production beat consensus.

• Constellation Brands (NYSE:STZ) stock tumbled 12.15% after the company reported full-year earnings guidance that missed analysts’ expectations.

• Gogo (NASDAQ:GOGO) stock jumped 10.68% after the company reported positive results from efforts to protect against de-icing fluid contamination and lifted its adjusted profit forecast to the high end of the previously given range.

Related Articles

Brazil's Banco Bradesco shuffles management in bid to boost revenue

Top U.S. utility PG&E says it is preparing bankruptcy filing

Citigroup reports surprise drop in quarterly revenue, shares slip