Investing.com - Stocks in focus in premarket trade Tuesday:
. Tesla (NASDAQ:TSLA) stock slipped 0.7% on news that its CEO Elon Musk never sought pre-approval for his tweets about the company, the U.S. Securities and Exchange Commission told a judge on Monday. The SEC claims Musk is in violation of his fraud settlement with the agency.
· AT&T (NYSE:T) stock rose 0.3% after Warner Brothers CEO Kevin Tsujihara resigned as the Hollywood studio's new owner investigates allegations that he improperly helped an actress to get roles in its movies.
· Netflix (NASDAQ:NFLX) rose 0.6% after it said it will not make its TV shows and movies available on Apple’s upcoming video service. Apple (NASDAQ:AAPL) is expected to announce its latest streaming service on March 25.
· FedEx (NYSE:FDX) was up 0.8% by 8:15 AM ET (12:15 GMT) ahead of its earnings report after the closing bell on Wall Street.
· Ford Motor Company (NYSE:F) stock rose 0.8% on news that it is increasing U.S. production of its large SUVs.
· Michaels Companies (NASDAQ:MIK) stock surged 5% after the arts and crafts retailer posted higher-than-expected earnings.
· Domino’s Pizza (NYSE:DPZ) stock gained 2.3% after JP Morgan upgraded it to overweight from neutral, CNBC reported.
· DSW (NYSE:DSW) stock fell 7.3% after the shoe retailer reported earnings per share that were below estimates.