Investing.com - Stocks in focus in premarket trade Tuesday:
• Electronic Arts (NASDAQ:EA) stock jumped 7.41% by 8:00 AM ET (13:00 GMT) as the company announced that its game Apex Legends passed 25 million users as it gears up for its Twitch Rivals Apex Legends Challenge.
• Gilead Sciences (NASDAQ:GILD) stock slumped 2.41% after the company announced that its selonsertib drug failed to meet endpoints in a late stage study.
• Walmart (NYSE:WMT) stock edged forward 0.61% amid news that it scrapped a same-day grocery delivery partnership with Deliv, setting the retail giant back from its attempts to compete with Amazon.
• Coty (NYSE:COTY) stock soared 17.19% after JAB offered to acquire additional shares at a price of $11.65 per share.
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