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Stocks making the biggest moves in the pre-market: Spirit Airlines, Carvana, Warby Parker and more
Take a look at some of the biggest pre-market movers: Spirit Airlines (SAVE) – Spirit Airlines jumped 19.3% in premarket trading after JetBlue (JBLU) launched a $30-a-share takeover bid for its rival airline. Spirit had rejected a previous offer from JetBlue, preferring to keep a previously reached agreement to merge with Frontier Airlines’ parent company, […]
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After the “hippie” bus and the Beetle, VW has its sights set on America again
As Volkswagen seeks to resurrect the Scout brand in the United States, CEO Herbert Diess shed light on the decision, saying it represents an opportunity for the German auto giant to “become much more American”. VW announced plans to relaunch the Scout as an all-electric pickup and “rugged” SUV last Wednesday, with prototypes due to […]
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Stocks moving the most before market: Ford, General Motors, Tapestry and more
Take a look at some of the biggest pre-market movers: Ford (F), General Motors (GM) – Ford fell 2.8% in premarket trading while GM slipped 3.4% after Wells Fargo double downgraded both stocks from “underweight” to “overweight”. Wells Fargo said 2022 could represent a peak in profits for traditional automakers, with the shift to electric […]
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How Ford’s F-150 Lightning Compares to Rivian and Hummer Electric Pickups
SAN ANTONIO — Ford Motor’s new F-150 Lightning is an electric pickup truck. This might seem obvious given that it looks like a truck and has electric motors and a battery instead of a motor, but it has to be said. Why? Because a successful battery-powered pickup is a critical step in the transition to […]