By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Tuesday, September 15th. Please refresh for updates.
-
Nikola (NASDAQ:NKLA) stock fell 6.5% after reports that the SEC is taking a look at the electric truck maker after a report by the short-selling investment firm Hindenburg Research accused the company of fraud.
-
Apple (NASDAQ:AAPL) stock rose 2% with the iPhone maker set Tuesday to unveil updates for the critical holiday season to several key products, including the Apple Watch and iPad,
-
Carnival (NYSE:CUK) stock fell 2.9% after announcing a net loss of $2.9 billion for the third quarter of its fiscal 2020 year, which includes $900 million of non-cash impairment charges.
-
Citigroup (NYSE:C) stock rose 1.2% as the banking giant reportedly prepared to resume job reductions to cut costs, with around 1% of its workforce set to be affected.
-
PepsiCo (NASDAQ:PEP) stock was flat after the soft drink manufacturer launched a new drink called Driftwell, designed to help consumers relax and unwind before bed.
-
Lennar (NYSE:LEN) stock fell 3% despite the homebuilder reporting better-than-expected fiscal third-quarter earnings late Monday. However, it sees its average selling price falling going forward.
-
Walmart (NYSE:WMT) stock rose 0.7% as it launched its member program Tuesday, with a lower fee than an Amazon (NASDAQ:AMZN) Prime subscription.
-
Sirius XM (NASDAQ:SIRI) stock was flat after announcing that Chief Executive James Meyer is set to retire after eight years in the role, while CFO David Frear will be leaving after 17 years in the job.
-
Kraft Heinz (NASDAQ:KHC) stock rose 2.1% after the WSJ reported that the company is planning $2 billion of cuts over the next five years.
- Sony (NYSE:SNE) ADR fell 2.7% after saying it was cutting production targets for its upcoming Playstation 5 by 20%, due to issues with the consoles’ chips.