Carvana, First Solar, Generac and more

Carvana, First Solar, Generac and more

Take a look at some of the biggest movers in the premarket: Carvana (CVNA) – Carvana was downgraded to “sector perform” from “outperform” at RBC Capital Markets, with the price target for the online car seller’s stock cut to $138 per share from $155 per share. RBC bases its call both on valuation and potential … Read more

Bed, Bath & Beyond, Nio, Honest Company and others

Bed, Bath & Beyond, Nio, Honest Company and others

Check out the companies making headlines before the bell: Cannabis stocks – Shares of marijuana producers are extending a Thursday rally in the premarket, following an industry publication’s report that the House will vote for a second time next week to legalize cannabis at the federal level. The House passed such a bill in 2020, … Read more

Hong Kong’s Hang Seng index drops 4%; oil prices fall nearly 5%

Hong Kong's Hang Seng index drops 4%;  oil prices fall nearly 5%

SINGAPORE — Shares in China lagged among Asia-Pacific markets on Tuesday, with the release of much better-than-expected Chinese economic data offering little respite. Hong Kong’s Hang Seng index fell 4.28% in afternoon trade. That came after the benchmark index closed at its lowest since March 2016 on Monday. Chinese tech stocks in Hong Kong were … Read more

Didi 44% stock plunge leaves SoftBank and Uber with weak returns

Didi 44% stock plunge leaves SoftBank and Uber with weak returns

Cheng Wei, chairman and chief executive officer of Beijing Xiaoju Keji Didi Dache Co., pauses at the Boao Forum For Asia Annual Conference in Boao, China, on Wednesday, March 23, 2016. The annual event sees business and political leaders come together and runs from March 22 to 25. Qilai Shen | Bloomberg | Getty Images … Read more