Tesla, Procter&Gamble and HCA rise premarket; SQM falls
By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Friday, April 21st. Please refresh for updates.
Procter & Gamble (NYSE: PG) stock rose 2.2% after the consumer goods giant raised its full-year sales forecast, signaling higher prices would offset the hit from consumers turning to cheaper alternatives for household essentials.
Tesla (NASDAQ: TSLA) stock rose 0.06% after the electric vehicle manufacturer raised the U.S. prices for its Model S and X premium electric vehicles, according to its website on Thursday, although they are still 20% lower than the start of the year.
HCA (NYSE: HCA) stock rose 5.7% after the healthcare company lifted its full-year forecast on improving levels of staffing that have allowed it to conduct more surgeries.
CSX (NASDAQ: CSX) stock rose 2.6% after the railroad operator posted better-than-expected quarterly profit and revenue late Thursday, boosted by higher shipment rates.
PPG Industries (NYSE: PPG) stock rose 1% after the industrial coatings supplier exceeded quarterly profit expectations on the back of higher prices and sales volumes and forecast better-than-expected full-year 2023 earnings.
SQM (NYSE: SQM) stock fell 5.7% after Chile's President Gabriel Boric announced on Thursday he would nationalize the country's lithium industry, impacting the Chilean lithium miner.
XPO (NYSE: XPO) stock rose 1.7% after Citigroup upgraded the transportation company to ‘buy’ from ‘neutral’, citing the recent executive additions from rivals.