Apple, Mobileye and Exxon Mobil fall premarket; Thor Industries rises

June 6, 2023 8:34 AM EDT -- Stocks in focus in premarket trade on Tuesday, June 6th. Please refresh for updates.

  • Apple (NASDAQ: AAPL) stock fell 0.4% the day after the tech giant unveiled the Vision Pro, a high-priced headset that potentially represents its riskiest move since the iPhone's debut. DA Davidson has downgraded its stance on the company to ‘neutral’ from ‘buy’.

  • Exxon Mobil (NYSE: XOM) and Chevron (NYSE: CVX) both saw their stock slip about 1% as crude prices dropped about 2% each on concerns about the global economic backdrop.

  • Thor Industries (NYSE: THO) stock soared 7.4% after the manufacturer of recreational vehicles beat third-quarter earnings expectations, even while taking a more cautious stance for the rest of the year.

  • Palantir Technologies (NYSE: PLTR) stock rose 1.6%, continuing the previous session’s sharp gains after the data analytics firm was awarded a multi-year contract worth $463 million from the U.S. Special Operations Command.

  • Coinbase (NASDAQ: COIN) Global stock rose 0.2% after the SEC sued rival Binance, claiming among other things that the world’s biggest cryptocurrency exchange had diverted customer funds into a trading entity controlled by CEO Changpeng Zhao. Bitcoin, the most commonly used digital currency, fell to a two-and-a-half month low as a result.

  • Mobileye Global (NASDAQ: MBLY) stock fell 5.1% after chipmaker Intel (NASDAQ: INTC) announced that it is planning to sell a $1.5B stake in the Israel-based autonomous driving firm.

  • Ryman (NYSE: RHP) stock fell 1.1% after the entertainment company announced it was buying a resort in Texas from Blackstone (NYSE: BX) for $800M, adding it would issue stock as a result.

  • McCormick (NYSE: MKC) stock rose 1.8% after Bank of America upgraded its stance on the spice maker all the way to ‘buy' from 'underperform', citing the company’s growth characteristics.

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