© Reuters.
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:) is down 4.7% on reports it is at its Shanghai plant. Lucid Group (NASDAQ:) traded down 2.1% in response, while Rivian Automotive (NASDAQ:) was down 2.2%.
- Nio (NYSE:) Inc is down 5.5% after cutting its for Q4 by several thousand units.
- Southwest Airlines (NYSE:) dropped 3.8% as it has had to than U.S. airline peers due to bad weather throughout the country.
- China-based stocks Pinduoduo (NASDAQ:) (up 2.1%), JD.com (NASDAQ:) (up 2%), and Alibaba (NYSE:) (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:) is up 1.9%, also a potential beneficiary of the China news. Wynn Macau (HK:) is not trading due to the Hong Kong market holiday, but Las Vegas Sands (NYSE:) is up 1.6% as well.
- Tuesday Morning (NASDAQ:) is down 42% as it announced a voluntary delisting from the Nasdaq after market close Friday.
- HTG Molecular Diagnostics (NASDAQ:) is up 50% after announcing a closing of a $10M offering of warrants after market close Friday.
- AMC Entertainment Holdings Preferred Units (NYSE:) rose 20% while AMC Entertainment Holdings common shares (NYSE:) dropped 5.9% as a continues to bring arbitrageurs to the securities.
