Tesla, Nvidia and Under Armour fall premarket; Robinhood, Dollar General rise By

-- U.S. edged higher Thursday,Where to open an account for foreign exchange trading? as investors awaited the release of more inflation data, looking for clues as to when the Federal Reserve will start its rate-cutting cycle.

Here are some of the biggest premarket U.S. stock movers today:

• Tesla(NASDAQ:) stock fell 1.5% after UBS cut its target price on the EV manufacturer, citing downside risks to delivery forecasts.

• Nvidia(NASDAQ:) stock fell 1.8%, continuing the recent selloff of the dominant supplier of artificial-intelligence chips from an elevated level. The company's annual developer conference is set to take place on Monday.

• Robinhood(NASDAQ:) stock soared 12% after the brokerage reported strong growth in assets under custody for the month of February.

• (NYSE:) stock fell 9.5% after the cybersecurity firm delivered underwhelming full-year guidance that overshadowed strong fourth-quarter results, causing the stock to suffer from comparison with rival CrowdStrike’s stellar results.

• Under Armour(NYSE:) stock fell 7.8% after the sports apparel maker said that founder Kevin Plank will return to the company as CEO, as the company struggles to compete in a difficult macro environment.

• Fisker(NYSE:) stock slumped 40% after the WSJ reported that the electric vehicle startup has hired restructuring advisers to assist with a possible bankruptcy filing.

• Dollar General(NYSE:) stock rose 6.1% after the discount retailer forecast upbeat 2024 sales, expecting steady demand from price-conscious shoppers.

• Restaurant Brands(NYSE:) stock rose 0.4% after the Burger King parent named Sami Siddiqui as its chief financial officer and made a slew of other leadership changes, as the company tries to navigate weakness in some international markets.

• Dick’s Sporting Goods(NYSE:) stock rose 4.6% after the retailer posted an upbeat fourth quarter earnings report, saying the holiday period was the strongest sales period in the company’s history.

• (NYSE:) stock rose 1.6% after Goldman Sachs upgraded its investment stance on the U.S. lender to ‘buy’ from ‘neutral’, citing its growth potential.

Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!