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Tesla, Manchester United rise premarket; Activision Blizzard, Apple fall

Stock Markets Nov 25, 2022 21:08
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By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, November 25th. Please refresh for updates.

  • Tesla (NASDAQ:TSLA) stock rose 2% after the electric car manufacturer said its Full Self Driving Beta software is now available in North America, overshadowing news that it has to recall more than 80,000 China-made and imported cars for software and seat belt issues.

  • Activision Blizzard (NASDAQ:ATVI) stock fell 3.4% after Politico reported that the FTC is likely to try and block Microsoft's (NASDAQ:MSFT) purchase of the videogame publisher.
  • Coinbase (NASDAQ:COIN) stock rose 0.1% with the cryptocurrency exchange benefiting from the news that Binance is set to donate $1 billion to an industry recovery fund in the wake of FTX’s bankruptcy.

  • Amazon (NASDAQ:AMZN) stock rose 0.1% at the start of the crucial shopping season for the online retailer, even with industrial action planned in more than 30 countries over calls for better pay.

  • Deere & Co (NYSE:DE) stock fell 0.1% despite JPMorgan lifting its target price on the agricultural machinery manufacturer to $440 from $415 after its strong quarter.

  • Apple (NASDAQ:AAPL) stock fell 0.9% as China’s COVID curbs continue to impact the tech giant’s main iPhone-making plant, following on from violent protests earlier this week.

  • Manchester United (NYSE:MANU) stock soared 9.3%, continuing to gain from the news that the Glazer family is open to selling the English soccer team.

Tesla, Manchester United rise premarket; Activision Blizzard, Apple fall
 

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