Check out the companies making headlines in premarket trading: Tesla — Shares rocketed more than 10% during premarket trading after the electric vehicle company said on Sunday that local Chinese authorities removed restrictions on its cars , raising expectations that Tesla’s driver-assistance software Full Self-Driving would soon be available in the country. Paramount — The entertainment company saw shares climb more than 5% in premarket trading after reports that its board is preparing to fire CEO Bob Bakish as soon as Monday morning. Paramount reports earnings Monday after the bell. Domino’s Pizza — Shares of the pizza chain jumped more than 5% after a first-quarter earnings beat. Domino’s reported $3.58 in earnings per share versus the $3.39 expected by analysts polled by LSEG. U.S. same-store sales growth increased year over year. Southwest Airlines — The airline stock dipped 1.2% after Jefferies downgraded shares to underperform from hold. Analyst Sheila Kahyaoglu said it is time to throw the “Baby out with the bathwater” after the company missed its lowered guidance for first-quarter revenue per available seat mile, or RASM. Apple — Shares rose more than 2% after Bernstein upgraded the tech stock to outperform from market perform. Analyst Toni Sacconaghi said concern about recent weakness in China may be overdone and signals it is time for investors to “buy the fear.” Lu …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in premarket trading: Tesla — Shares rocketed more than 10% during premarket trading after the electric vehicle company said on Sunday that local Chinese authorities removed restrictions on its cars , raising expectations that Tesla’s driver-assistance software Full Self-Driving would soon be available in the country. Paramount — The entertainment company saw shares climb more than 5% in premarket trading after reports that its board is preparing to fire CEO Bob Bakish as soon as Monday morning. Paramount reports earnings Monday after the bell. Domino’s Pizza — Shares of the pizza chain jumped more than 5% after a first-quarter earnings beat. Domino’s reported $3.58 in earnings per share versus the $3.39 expected by analysts polled by LSEG. U.S. same-store sales growth increased year over year. Southwest Airlines — The airline stock dipped 1.2% after Jefferies downgraded shares to underperform from hold. Analyst Sheila Kahyaoglu said it is time to throw the “Baby out with the bathwater” after the company missed its lowered guidance for first-quarter revenue per available seat mile, or RASM. Apple — Shares rose more than 2% after Bernstein upgraded the tech stock to outperform from market perform. Analyst Toni Sacconaghi said concern about recent weakness in China may be overdone and signals it is time for investors to “buy the fear.” Lu …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
