Tesla, Coinbase, MicroStrategy, Macy’s, and More Stock Market Movers
rose 2.1% in premarket trading. Shares of the electric-vehicle maker rose 6.5% on Wednesday (U.S. stock markets were closed Thursday for Independence Day) and 10% on Tuesday after second-quarter deliveries were better than expected. The stock has come close to erasing its losses for the year.
cars on Thursday were included on a local government procurement list in China for the first time, meaning the company’s EVs can be used there as service cars by public organizations.
declined 6.4%,
was down 3.2%, and
fell 8.6% after
tumbled below $55,000. The crypto-related stocks fell as Bitcoin and other cryptocurrencies were dragged lower by the pending refund of assets from the collapsed Mt. Gox crypto exchange.
was up 2.3% in premarket trading to $18.35 after The Wall Street Journal reported investment firms Arkhouse Management and Brigade Capital Management raised their bid for the retailer by about $300 million. The new proposal is to acquire the
stock the firms don’t already own for $24.80 a share, or roughly $6.9 billion, people familiar with the matter told the Journal.
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U.S.-listed shares of
were up 8.6% after activist investor Cevian Capital disclosed a 5% stake in the British seller of medical equipment.
was rising 0.3% in premarket trading to $198.10. Jeff Bezos, the founder and executive chairman of the online retailing and technology giant, filed plans Tuesday of his intent to sell 25 million of his Amazon shares worth more than $4.9 billion at the time of the filing. The filing was made as shares of Amazon hit a closing record high on Tuesday of $200.
Write to Joe Woelfel at joseph.woelfel@barrons.com
Read More: Tesla, Coinbase, MicroStrategy, Macy’s, and More Stock Market Movers