Investing.com - Stocks in focus in premarket trade Tuesday:
Tesla (NASDAQ:TSLA) stock jumped 1.8% by 8:15 AM ET (12:15 GMT) after a lawsuit over Tesla Model 3 production claims was dismissed.
Bed Bath & Beyond Inc (NASDAQ:BBBY) stock skyrocketed 17.2% after The Wall Street Journal reported that three activist funds are trying to replace its entire board over concerns that the company is not responding well to e-commerce.
Mastercard (NYSE:MA) stock rose 0.7% after it said it plans to invest $300 million in the London IPO of Dubai-based payments processor Network International.
Cronos Group (NASDAQ:CRON) stock slipped 0.4% after its fourth-quarter earnings report was lower than expected. The company reported losses per share of C$0.11 on C$15.7 million earnings.
Spotify Technology (NYSE:SPOT)stock was flat after news that it is acquiring podcast studio Parcast for an undisclosed amount.
Apple (NASDAQ:AAPL) stock rose 1.4% after closing in the red Monday; analysts remain skeptical of its streaming and credit card services initiatives, with many questions left unanswered, according to CNBC.
NVIDIA (NASDAQ:NVDA) stock was up 2.4% after Piper Jaffray began coverage of the chipmaker at 'overweight'.