Take a look at the companies making headlines in pre-market trading on Tuesday.
Rivian: Shares of Rivian rose 9.3% after the electric vehicle maker announced that third-quarter production rose 67% from the second quarter. The company also noted that it is on track to meet its production targets for the year.
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Poshmark: Shares of Poshmark rose 12.1% after news that South Korean Internet giant Naver is buying the popular online retail site for $17.90 a share, or roughly 1.2 thousand million dollars in an all-cash deal.
Domino’s Pizza: Shares of the quick-service pizza restaurant rose 3.3% in premarket trading as UBS raised the stock to a buy rating and said worries about slowing pizza demand are overblown .
Credit Suisse: Shares of Credit Suisse, which were volatile in Monday’s trading, gained about 4% in premarket trading. A report at the weekend said the lender is in talks with major investors as concerns about the bank’s financial well-being grow.
Gilead Sciences: Biopharma shares added 3.1% in premarket after JPMorgan Chase upgraded the stock to overweight and said the stock is currently undervalued.
Rocket Pharmaceutical: Shares fell 3.7% after Rocket Pharmaceutical announced plans for a $100 million stock offering, giving underwriters a 30-day opportunity to buy up to $15 million in additional shares .
Tesla: Shares of Tesla rose more than 3% in premarket trading, recouping some of the heavy losses seen in the previous session. Shares of the electric car maker fell more than 8% on Monday for their biggest one-day drop since June 3. The move came after Tesla reported disappointing third-quarter delivery numbers.
