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WYNN
+2.54%
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LUV
-6.10%
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LVS
+2.25%
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TSLA
-6.78%
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TUESQ
0.00%
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AMC
-8.18%
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WYNMF
+0.00%
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JD
+4.55%
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BABA
+4.38%
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HTGM
+2.26%
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PDD
+3.46%
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NIO
-5.83%
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LCID
-5.67%
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TUEM
-38.32%
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RIVN
-6.53%
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APE
+5.77%
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By Daniel Shvartsman
Investing.com – The following stocks are moving in Tuesday’s pre-market session (prices as of 8:00 ET/13:00 GMT):
Tesla (NASDAQ:TSLA) is down 4.7% on reports it is cutting production at its Shanghai plant. Lucid Group (NASDAQ:LCID) traded down 2.1% in response, while Rivian Automotive (NASDAQ:RIVN) was down 2.2%.
Nio (NYSE:NIO) Inc is down 5.5% after cutting its delivery guidance for Q4 by several thousand units.
Southwest Airlines (NYSE:LUV) dropped 3.8% as it has had to cancel many more flights than U.S. airline peers due to bad weather throughout the country.
China-based stocks Pinduoduo (NASDAQ:PDD) (up 2.1%), JD.com (NASDAQ:JD) (up 2%), and Alibaba (NYSE:BABA) (up 1.5%) rose on news that China would be reducing COVID restrictions further on January 8th, no longer requiring incoming travelers to quarantine.
Wynn Resorts (NASDAQ:WYNN) is up 1.9%, also a potential beneficiary of the China news. Wynn Macau (HK:1128) is not trading due to the Hong Kong market holiday, but Las Vegas Sands (NYSE:LVS) is up 1.6% as well.
Tuesday Morning (NASDAQ:TUEM) is down 42% as it announced a voluntary delisting from the Nasdaq after market close Friday.
HTG Molecular Diagnostics (NASDAQ:HTGM) is up 50% after announcing a closing of a $10M offering of warrants after market close Friday.
AMC Entertainment Holdings Preferred Units (NYSE:APE) rose 20% while AMC Entertainment Holdings common shares (NYSE:AMC) dropped 5.9% as a mooted conversion continues to bring arbitrageurs to the securities.
Source: Investing.com
