Delta Air Lines, Amazon, Stellantis rise premarket; Harley-Davidson falls

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Thursday, April 13th. Please refresh for updates.

• Delta Air Lines (NYSE:) stock rose 2.5% after the carrier forecast healthy profit in the second quarter, citing “record” bookings for summer travel, including strong demand for international trips.

• Harley-Davidson (NYSE:) stock fell 3.7% after the iconic motorcycle maker announced that Chief Financial Officer Gina Goetter was leaving the company at the end of April, joining toy maker Hasbro (NASDAQ:), up 1.8%, as its finance chief.

• Amazon (NASDAQ:) stock rose 0.1% after CEO Andy Jassy said he was confident that he can get costs under control, in a letter to shareholders.

• Alibaba (NYSE:) ADRs rose 1.3%, bouncing after the previous session’s sharp losses following a report that SoftBank is looking to dump almost its entire stake in the Chinese e-commerce giant.

• Stellantis (NYSE:) stock rose 1.3% after CEO Carlos Tavares said the auto giant has managed to preserve strong pricing power in North America, despite evidence of declining margins elsewhere.

• Merck (NYSE:) stock rose 1.38% after Citigroup upgraded the drugmaker to ‘buy’ from ‘neutral’, citing “materially revised forecasts” for a key cancer treatment.

• GlucoTrack (NASDAQ:) stock fell 36.67% after the manufacturer of glucose monitoring devices announced plans for a public offering of its shares.

• First Solar (NASDAQ:) stock fell 1.3% after Deutsche Bank downgraded its stance to ‘hold’ from ‘buy’, citing an elevated valuation.