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Boeing, Apple, Tesla fall premarket; American Airlines rises

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December 30, 2024
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Boeing, Apple, Tesla fall premarket; American Airlines rises

Investing.com — US stock futures 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:BA) 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:NVDA) 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:TSLA) 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:AAPL) 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:COIN) 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:AAL) stock rose 0.2% after Raymond (NS:RYMD) 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.

This post appeared first on investing.com
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