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Nvidia, Novo Nordisk, Trump Media rise premarket; SolarEdge, Pool fall By Investing.com – Investing.com

Investing.com — U.S. stocks were mixed on Tuesday, with tech stocks rebounding after a sharp sell-off the previous day.

The biggest movers in U.S. pre-market trading today were:

  • NVIDIA (NASDAQ:) shares rose 2.3%, rebounding after the chipmaker fell about 7% in the previous trading day and helping push its market capitalization back above the $3 trillion threshold.

  • SolarEdge The renewable energy company’s shares fell 17% after it announced plans to issue $300 million in new debt.

  • Birkenstock (NYSE:) shares fell 3.8% after the shoe maker said its largest shareholder plans to sell 14 million shares in an initial public offering.

  • Novo Nordisk (NYSE:) shares rose 2.1% after the drugmaker’s blockbuster weight-loss drug Wegovy was approved by Chinese regulators.

  • Spirit AeroSystems (NYSE:) shares fell 3.3% following the Bloomberg report. Boeing (NYSE:) has proposed to acquire the aircraft fuselage maker in a deal that would be largely funded with stock that values ​​the key supplier at about $35 a share.

  • Trump Media & Technology Group (Nasdaq:) shares rose 9.2%, extending Monday’s gains after the former president’s company said it expects to receive $69.4 million in proceeds from the cash exercise of the warrants.

  • Pool (NASDAQ:) shares fell 11 percent after the pool equipment retailer lowered its profit and sales forecasts, citing a decline in new pool construction and renovations.

  • master Card (NYSE:) shares rose 0.2%, with Commerzbank rating the company a “strong buy” due to the U.S. payments services provider’s solid growth prospects and leading position in global payments.

  • Airbus (OTC:) Shares fell 11% after the aircraft maker said it was lowering its 2024 financial targets, citing supply chain issues and added costs at its space systems division.

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