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Boeing, Apple, Tesla fall premarket; American Airlines rises By Investing.com


Investing.com — US stock slipped slightly lower Monday, as a generally positive 2024 draws close to the end.

Here are some of the biggest premarket US stock movers today:

  • Boeing (NYSE:) stock fell 3.4% after a devastating air accident in South Korea, involving a Boeing 737-800, claimed the lives of 179 people on Sunday when a passenger plane crash-landed at Muan International Airport.

  • Nvidia (NASDAQ:) stock fell 1.5%, with the US chipmaker Nvidia set to launch its latest generation of compact computers designed for humanoid robots, dubbed Jetson Thor, in the first half of 2025.

  • Tesla (NASDAQ:) stock fell 2.4%, hurt by higher US yields, while UBS expects the EV manufacturer to announce its Q4 2024 delivery numbers on Jan. 2, with the bank’s analysts forecasting approximately 510,000 units, reflecting a 5% year-over-year and 10% quarter-over-quarter increase.

  • Apple (NASDAQ:) stock fell 1.1% after Chinese rival Huawei cut the prices of a variety of high-end devices, including mobile phones, over the weekend on one of China’s leading e-commerce platforms.

  • Coinbase (NASDAQ:) stock fell 2.1%, with the cryptocurrency exchange suffering due to the losses in bitcoin, the world’s most popular digital currency.

  • American Airlines (NASDAQ:) stock rose 0.2% after Raymond (NS:) James upgraded its stance on the carrier to “outperform” from “market perform”, citing an attractive risk-reward, which reflects an improved revenue outlook following the early-December update.





Boeing, Apple, and Tesla are all facing losses in premarket trading today, while American Airlines is seeing a rise in its stock price.

Boeing, the aerospace giant, is down 1.5% in premarket trading as concerns over the ongoing 737 MAX crisis continue to weigh on the company’s stock. Apple, the tech giant, is also down 1.2% as investors worry about slowing iPhone sales and the impact of the ongoing US-China trade war. Tesla, the electric car maker, is down 2.0% as the company faces continued production challenges and concerns over its CEO Elon Musk’s erratic behavior.

On the other hand, American Airlines is up 0.5% in premarket trading as the company benefits from lower oil prices and strong demand for air travel. The airline has been performing well recently, reporting strong earnings and increasing its guidance for the year.

Overall, it’s a mixed bag for these companies in premarket trading today. Investors will be keeping a close eye on how these stocks perform throughout the day.

Tags:

Boeing stock news, Apple stock update, Tesla premarket drop, American Airlines stock rise, Investing.com market analysis

#Boeing #Apple #Tesla #fall #premarket #American #Airlines #rises #Investing.com

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