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Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Nio to Advance, Nike to Decline
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Social Buzz: Wallstreetbets Stocks Mixed Premarket Wednesday; Nio to Advance, Nike to Decline
Oct 2, 2024 10:52 PM

07:15 AM EDT, 10/02/2024 (MT Newswires) -- The most-talked-about stocks in the Reddit subforum Wallstreetbets were mixed hours before Wednesday's opening bell.

Nio (NIO) advanced by 7.5% in premarket activity, adding to a 5.2% increase from the previous session. Nio said its Nio China subsidiary will receive 3.3 billion Chinese renminbi ($468.9 million) in strategic investments from Hefei Jianheng New Energy Automobile Investment Fund Partnership, Anhui Provincial Emerging Industry Investment, and CS Capital, for newly issued shares.

Alibaba Group Holding ( BABA ) rose by 5% in pre-bell hours, following a 6.2% rise from the previous session.

Lockheed Martin ( LMT ) was up 1% premarket, after closing Tuesday with a 3.6% increase.

Nike ( NKE ) fell by 5.6% hours before market open, swinging from a 0.8% increase at Tuesday's close. Nike ( NKE ) reported fiscal Q1 earnings of $0.70 per diluted share, down from $0.94 a year earlier.

Super Micro Computer ( SMCI ) was 1% lower premarket, following a 2.6% fall at Tuesday's close.

Nvidia ( NVDA ) was down 0.9% pre-bell, following a 3.7% decline from the previous session.

Tesla (TSLA) declined by 0.7% in premarket hours, following a 1.4% fall at Tuesday's close.

Apple ( AAPL ) was 0.6% lower in pre-bell activity, after closing Tuesday with a 2.9% decline.

Price: 7.57, Change: +0.54, Percent Change: +7.68

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