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Delta Air Lines, Amazon, Stellantis rise premarket; Harley-Davidson falls

Published 2023-04-13, 07:52 a/m
© Reuters.

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, April 13th. Please refresh for updates.

  • Delta Air Lines (NYSE:DAL) stock rose 2.5% after the carrier forecast healthy profit in the second quarter, citing "record" bookings for summer travel, including strong demand for international trips.

  • Harley-Davidson (NYSE:HOG) stock fell 3.7% after the iconic motorcycle maker announced that Chief Financial Officer Gina Goetter was leaving the company at the end of April, joining toy maker Hasbro (NASDAQ:HAS), up 1.8%, as its finance chief.

  • Amazon (NASDAQ:AMZN) stock rose 0.1% after CEO Andy Jassy said he was confident that he can get costs under control, in a letter to shareholders.

  • Alibaba (NYSE:BABA) ADRs rose 1.3%, bouncing after the previous session's sharp losses following a report that SoftBank is looking to dump almost its entire stake in the Chinese e-commerce giant.

  • Stellantis (NYSE:STLA) stock rose 1.3% after CEO Carlos Tavares said the auto giant has managed to preserve strong pricing power in North America, despite evidence of declining margins elsewhere.

  • Merck (NYSE:MRK) stock rose 1.38% after Citigroup upgraded the drugmaker to 'buy' from 'neutral', citing "materially revised forecasts" for a key cancer treatment.

  • GlucoTrack (NASDAQ:GCTK) stock fell 36.67% after the manufacturer of glucose monitoring devices announced plans for a public offering of its shares.

  • First Solar (NASDAQ:FSLR) stock fell 1.3% after Deutsche Bank downgraded its stance to 'hold' from 'buy', citing an elevated valuation.

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