Stock Groups

Tesla, Harley-Davidson, Trivago Rise Premarket; TripAdvisor Falls -Breaking


© Reuters.

Peter Nurse – Stocks will be in the focus of premarket trade Monday, November 1. For the latest updates, please refresh.

  • Coca-ColaStock fell 0.1% on the news that BodyArmor, a soft drink giant, will be spending $5.6billion to boost its share in the sports drink maker. The Wall Street Journal reports that BodyArmor’s current 30% holding is now up to 100%. This is the largest brand acquisition by Coke.

  • Barclays (LON: ADRs dropped 1.5% following the resignation of Jes Staley as CEO of the U.K bank. This was in response to a British probe into the relationship between him and Jeffrey Epstein, a convicted sex offender.

  • American AirlinesStock fell 0.1% in NASDAQ after more than 1,900 cancellations were made by the airline following severe winds at the busy Dallas-Fort Worth hub. The problem was exacerbated by a shortage of flight attendants and pilots.

  • TeslaThe stock of (NASDAQ:) rose 2.7% following the signing of a contract with Ganfeng to provide battery-grade lithium products. Ganfeng is the largest lithium company in the world by market capitalisation. Another fan site reported that delivery prospects for this quarter look solid as an image of Ganfeng’s Shanghai plant showed many new-finished vehicles.

  • RobloxThe stock of (NYSE:) rose 0.8% following the restoration by online gaming platform its services. This ended a three-day interruption. Statements from the company suggested there hadn’t been any breach in data confidentiality.

  • (NASDAQ:) stock rose 4.5% after JPMorgan (NYSE:) upgraded its investment stance on the consumer products manufacturer to ‘outperform’ from ‘neutral’, saying its turnaround plan is working.

  • TripAdvisor (NASDAQ:) stock fell 2.4% after Barclays downgraded its recommendation to ‘underweight’ all the way from ‘overweight’, citing the slow recovery of the travel industry from the pandemic hit.

  • Harley-Davidson (NYSE:) stock rose 8% after the European Union lifted tariffs on the company’s iconic motorcycles as part of a deal that ended a dispute over steel and aluminum tariffs.

  • AMC Entertainment(NYSE) Stock rose 2% as the theater chain announced that October’s admissions revenues were at their highest level since the pandemic.

  • TrivagoThe stock of (NASDAQ:) rose 6.1% following the unexpected profit report and higher-than-expected revenues by travel service company Travel Services.

  • XpengThe stock of (NYSE:) rose 4.1% following the Chinese electric car manufacturer delivered more that 10,000 cars to customers in October. That’s more than twice the total in the same month last years.


Disclaimer Fusion MediaThis website does not provide accurate and current data. CFDs include stocks, indexes and futures. Prices are provided not by the exchanges. Market makers provide them. Therefore, prices can be inaccurate and differ from actual market prices. These prices should not be used for trading. Fusion Media is not responsible for trading losses that may be incurred as a consequence of the use of this data.

Fusion MediaFusion Media or any other person involved in the website will not be held responsible for any loss or damage resulting from reliance on this information, including charts, buy/sell signals, and data. Trading the financial markets is one of most risky investment options. Please make sure you are fully aware about the costs and risks involved.