Peter Nurse

Investing.com – Stocks that are in Focus premarketOn Monday, April 25, trade will be allowed. Refresh to see the most recent updates.

• Coca-ColaStock rose 1.3% on the news that (NYSE: ) reported strong quarterly earnings. The net sales jumped 16% thanks to higher prices, and increased demand for its sodas in restaurants and theaters.

• TwitterStock rose 5% on news that Tesla is close to a deal with Elon Musk to buy itself for $54.20 per share cash. This was the amount Tesla CEO (NASDAQ::) called his best and last’ offer.

• Alibaba (NYSE:) ADRs fell 3.6%, JD.comADRs declined 1.8% (NASDAQ) BaiduStock fell 3.6% at NASDAQ because of fears that China’s wave of COVID-19 case will have an impact on these China-based businesses.

• Activision Blizzard (NASDAQ:) stock fell 0.1% after the videogame publisher missed estimates for first quarter adjusted sales, hurt by low demand for its latest “Call of Duty” title.

• Philips(NYSE:) ADRs dropped over 12% following multiple warnings from a Dutch-based medical tech group regarding its growth prospects for this year. They also increased a recall on ventilators.

• KKRThe stock of (NYSE:) fell 0.7% following the announcement by investment firm that it had raised $19 million from investors to fund its largest ever North American private equity fund.

• Penn National Gaming (NASDAQ:) stock rose 2.2% after Morgan Stanley lifted its recommendation to ‘overweight’ from ‘equal weight’, saying the company offers value after recent underperformance.