Marketwatch stocks, bonds and more
Thursday morning’s stock pullback has threatened the U.S. indexes’ run at weekly gains heading into the Christmas holiday.
The S&P 500 was recently off 1.8%, while the Nasdaq Composite was down 2.5%. The Dow industrials were off 1.4%, or about 450 points.
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Trending stocks
Tesla:shares higher premarket
CarMax: tumbled 13% premarket
Micron Technology: stock dropped about 3.9% premarket.
JD : rose premarket#Trending #stockstowatch pic.twitter.com/ll9CkY6qvY— The_Journalbiz (@the_journalbiz) December 22, 2022
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AMC Entertainment Holdings was halted for volatility several times early Thursday after a newly announced capital raise.
The stock fell 14% in morning trading while the preferred equity “APE” units surged nearly 90%.
Tesla: The electric-vehicle maker’s shares inched higher in active premarket trading. Shares of Elon Musk’s company have fallen more than 60% this year, a loss that’s accelerated during his tumultuous stint as Twitter chief executive.
CarMax: The used-car retailer’s stock tumbled 13% premarket after it reported quarterly results that undershot consensus estimates.
Micron Technology: The computer-memory maker reported a drop in sales and a net loss for the most recent quarter. Micron stock dropped about 3.9% premarket.
JD.com: American depositary receipts for JD and other Chinese technology companies such as Pinduoduo and Baidu rose ahead of the opening bell, echoing a rally in Hong Kong-listed Chinese tech stocks.
MillerKnoll: The furniture-maker’s stock added 3.2% premarket, even after it said sales were set to fall in its fiscal third quarter