GameStop, Asana, First Solar Rise Premarket; American Eagle Outfitters Falls

  • Stock Market News
GameStop, Asana, First Solar Rise Premarket; American Eagle Outfitters Falls
Credit: © Reuters.

By Peter Nurse -- Stocks in focus in premarket trade on Thursday, September 8th. Please refresh for updates.

  • GameStop (NYSE: GME ) stock rose 7.5% after the troubled video game retailer posted a smaller-than-expected second quarter loss and announced a new partnership with crypto exchange FTX.

  • Tesla (NASDAQ: TSLA ) stock rose 0.2% after the electric car manufacturer sold almost 77,000 Chinese-made vehicles in August, nearly triple its sales from a month ago, after ramping up output at its Shanghai plant.

  • American Eagle Outfitters (NYSE: AEO ) stock fell 14% after the fashion retailer missed second quarter profit estimates and said it would pause quarterly dividends, citing rising costs.

  • Asana (NYSE: ASAN ) stock rose 23.9% after the communications software company announced record second quarter revenue , better-than-expected current quarter guidance, and a $350 million private placement.

  • Torrid Holdings (NYSE: CURV ) stock fell 15% after the women’s clothing retailer missed quarterly earnings estimates and issued disappointing guidance below estimates, citing "unanticipated headwinds."

  • United Airlines (NASDAQ: UAL ) stock fell 0.4% after the carrier said it would invest $15 million in air-taxi maker Eve Air Mobility and ordered 200 aircraft from the startup.

  • First Solar (NASDAQ: FSLR ) rose 3.5% after Goldman Sachs upgraded its investment stance on the manufacturer of solar panels all the way to 'buy' from 'sell', saying it will benefit from the move to green energy.

  • Moderna (NASDAQ: MRNA ) stock rose 2.1% after Deutsche Bank upgraded its stance on the drug maker to 'buy' from 'hold', citing strong quarterly results.

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