By Geoffrey Smith
Stocks in focus in premarket trade on Friday, February 14th. Please refresh for updates.
8:45 AM ET: Tesla (NASDAQ:TSLA) stock fell 2.4% to $784.99 after the company said it priced its secondary share sale at $767. That represents a 4.6% discount to Thursday’s closing price of $804.
- 8:43 AM ET: Canopy Growth (NYSE:CGC) stock soared 22% to a two-week high after results for its fiscal third-quarter beat forecasts on both top and bottom lines.
- The results also lifted rivals in the cannabis space. Tilray (NASDAQ:TLRY) stock rose 8.9% while Aurora Cannabis (NYSE:ACB) rose 8.2%.
- 08:30 AM ET: NVIDIA (NASDAQ:NVDA) stock rose 6.1% after the company’s earnings per share came in some 14% higher than consensus forecasts thanks to strong demand for its data center and gaming chips.
- Expedia (NASDAQ:EXPE) stock rose 11.7% after the online travel agent reported earnings some 4% ahead of forecasts in the final quarter of 2019.
- Pinterest (NYSE:PINS) stock fell 2.9% after Facebook (NASDAQ:FB) unveiled a copycat app called “Hobbies”, potentially exposing it to greater competition.