- Stocks in focus in premarket trade on Thursday, May 2.
• Tesla (NASDAQ:TSLA) stock rose 5.2% after the company announced plans to raise up to $2 billion from investors, split one-third in equity, and two-thirds in convertible notes.
• Royal Dutch Shell (NYSE:RDSa) ADRs rose 2.5% after the company reported a smaller drop in profit than expected and pledged to defend margins rather than chase production growth.
• Qualcomm (NASDAQ:QCOM) rose 0.2% after reporting it would get around $4.5 billion from Apple (NASDAQ:AAPL) through their recent settlement. The market cared less about a weak outlook for the current quarter.
• Games maker Zynga (NASDAQ:ZNGA) stock rose 12.3% after posting a sharp rise in mobile revenue after the bell on Wednesday.
• Cigna (NYSE:CI) stock rose 1.1% after the health insurer followed CVS group and Humana (NYSE:HUM) in beating expectations for profit and revenue.
• Eventbrite (NYSE:EB) stock fell 33% after it reported a wider net loss related to problems migrating business from the recently acquired Ticketfly.
