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Tesla, Apple and Southwest rise premarket; Cal-Maine Foods falls

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Thursday, December 29th. Please refresh for updates.

  • Southwest Airlines (NYSE:LUV) stock rose 0.1%, rebounding after sharp losses although the low-cost carrier continues to scrap flights, drawing the wrath of U.S. Transportation Secretary Pete Buttigieg who stated the thousands of canceled flights indicated a system failure at the company.

  • Tesla (NASDAQ:TSLA) stock rose 4.5% after falls of nearly 70% this year, with CEO Elon Musk telling employees that they should not be "bothered by stock market craziness."

  • Apple (NASDAQ:AAPL) stock rose 1%, bouncing after falling to its lowest since June 2021 as U.S. Treasury yields fall.
  • Cal-Maine Foods (NASDAQ:CALM) stock fell 4.5% after the nation's largest egg producer reported a sharp rise in egg prices following a rise in feed costs.
  • Taiwan Semiconductor Manufacturing (NYSE:TSM) stock rose 1.1% after the chipmaker began mass production of its most advanced chips in southern Taiwan.
  • ImmunoGen (NASDAQ:IMGN) stock fell 2.7% after the biotech announced Chief Financial Officer Susan Altschuller would not be returning to the company after taking a leave of absence.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.