Stocks in focus in pre-market trade Friday:
· United Technologies (NYSE:UTX) stock rose 1.3% as of 8:21 AM ET (13:21 GMT) after the company received regulatory approval from China to purchase Rockwell Collins (NYSE:COL), which jumped 8%.
· Overstock.com (NASDAQ:OSTK) stock increased 7% after The Wall Street Journal reported that the company is expecting to sell its retail business by February.
· Aurora Cannabis (NYSE:ACB) stock was down 1.44% after the company received its final regulatory approval to complete the acquisition of ICC Labs.
· Facebook (NASDAQ:FB) stock inched down 0.55% after news the head of George Soros’s philanthropic foundation asked lawmakers for oversight after the social media site hired a research firm to scrutinize Soros.
· Visa (NYSE:V) stock fell 0.31% while Mastercard (NYSE:MA) stock dipped 0.62% after the companies announced they are trimming merchant fees in Europe for card payments by tourists.
· Tesla (NASDAQ:TSLA) stock slipped 0.87% on news that the automaker is cutting the price of its Model X and S cars in China.
· Apple (NASDAQ:AAPL) stock tumbled 0.62% as the company is effectively cutting the price of its iPhone XR in Japan by offering subsidies to mobile network operators, The Wall Street Journal reported.
