Investing.com – U.S. stocks fell on Friday, ending a strong week on a negative note ahead of the release of key economic activity data.
Here are some of the biggest US stocks in premarket trading today:
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Nvidia Shares (NASDAQ:) rose 2.3%, rising after the chipmaker fell nearly 7% in the latest session, pushing its market capitalization back above the $3 trillion threshold.
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SolarEdge NASDAQ shares fell 17% after the renewable energy company announced plans to offer $300 million in new debt.
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Birkenstock (NYSE:) shares fell 3.8% after the shoe maker said its major shareholder plans to sell 14 million shares in a public offering.
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Novo Nordisk Shares (NYSE:) rose 2.1% after weight loss drug maker Wegovy’s blockbuster drug received regulatory approval in China.
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Spirit AeroSystems (NYSE:) shares fell 3.3% after a Bloomberg report indicated that Boeing (NYSE:) has proposed to acquire the aircraft fuselage maker in a deal financed largely through stock that values its key supplier at about $35 per share.
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Trump Media and Technology Group NASDAQ shares rose 9.2%, extending Monday’s gains after the former president’s company announced it expected $69.4 million in proceeds from the exercise of warrants.
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Pool (NASDAQ:) shares fell 11% after the pool products distributor cut earnings and revenue expectations, citing a slowdown in new pool construction and renovations.
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Mastercard Shares (NYSE:) rose 0.2% after Commerzbank rated the US payments services provider a “strong buy”, citing its strong growth prospects and leadership position in global payments.
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Airbus (OTC:) shares fell 11% after the aircraft maker said it was cutting its 2024 financial targets, citing supply chain issues and additional costs in its space systems division.