Investing.com — US stock traded marginally lower Monday, starting the week in a cautious manner ahead of the release of key inflation data.
Here are some of the biggest premarket US stock movers today:
-
Macy’s (NYSE:) stock rose 3.4% following a report that activist investor Barington Capital is urging the retailer to create a real-estate unit and consider options for its Bloomingdale’s and Bluemercury chains after building an undisclosed stake
-
Tesla (NASDAQ:) stock rose 2.3% after Deutsche Bank (ETR:) DBKGn highlighted the EV manufacturer as one of its top picks for 2025 in a note Monday, citing its leadership in autonomous driving technology and its ability to withstand industry headwinds.
-
Nvidia (NASDAQ:) stock fell 2% after China launched an investigation into the chipmaker over suspected violations of the country’s anti-monopoly law, in a move that will likely be seen as a retaliatory move against Washington’s recent chip curbs.
-
Advanced Micro Devices (NASDAQ:) stock fell 1.5% after Bank of America downgraded its stance on the semiconductor to “neutral” from “buy”, citing downside risks to its 2025 outlook.
-
Nokia (HE:) ADRs rose 3.6% after JPMorgan…
Read the full article here