GameStop, Asana, First Solar Rise Premarket; American Eagle Outfitters Falls

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, September 8th. Please refresh for updates.

• GameStop (NYSE:GME) stock rose 7.5% after the troubled video game retailer posted a smaller-than-expected second quarter loss and announced a new partnership with crypto exchange FTX.

• Tesla (NASDAQ:TSLA) stock rose 0.2% after the electric car manufacturer sold almost 77,000 Chinese-made vehicles in August, nearly triple its sales from a month ago, after ramping up output at its Shanghai plant.

• American Eagle Outfitters (NYSE:AEO) stock fell 14% after the fashion retailer missed second quarter profit estimates and said it would pause quarterly dividends, citing rising costs.

• Asana (NYSE:ASAN) stock rose 23.9% after the communications software company announced record second quarter revenue, better-than-expected current quarter guidance, and a $350 million private placement.

• Torrid Holdings (NYSE:CURV) stock fell 15% after the women’s clothing retailer missed quarterly earnings estimates and issued disappointing guidance below estimates, citing "unanticipated headwinds."

• United Airlines (NASDAQ:UAL) stock fell 0.4% after the carrier said it would invest $15 million in air-taxi maker Eve Air Mobility and ordered 200 aircraft from the startup.

• First Solar (NASDAQ:FSLR) rose 3.5% after Goldman Sachs upgraded its investment stance on the manufacturer of solar panels all the way to 'buy' from 'sell', saying it will benefit from the move to green energy.

• Moderna (NASDAQ:MRNA) stock rose 2.1% after Deutsche Bank upgraded its stance on the drug maker to 'buy' from 'hold', citing strong quarterly results.