By Peter Nurse
Investing.com -- 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.