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Home » Stocks making the biggest moves in the premarket: Lyft, Fisker, UnitedHealth and more
Finance

Stocks making the biggest moves in the premarket: Lyft, Fisker, UnitedHealth and more

Justin Ashley
Last updated: 2025/01/29 at 9:11 AM
Justin Ashley
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Stocks making the biggest moves in the premarket: Lyft, Fisker, UnitedHealth and more
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Check out the companies making headlines before the bell rings. Fisker – Shares of the electric vehicle company rose 9.3% after Fisker said strong demand for the company’s Ocean SUV led to a more than 300% increase in deliveries between the third and fourth quarters. Fisker said it intends to announce a plan in January to continue accelerating sales and deliveries. Lyft – The ride-share company fell 2.8% after Nomura cut its rating on the stock to neutral from neutral, saying Lyft’s growth may be limited by its shrinking market share and lower profitability than peers. The firm raised its price target to $13 from $11.70, but it still represents downside. Nvidia – Shares of Nvidia rose 0.3% after the chip maker announced the launch of a slower gaming chip to be sold in China. This step has been taken as the company aims to comply with US export restrictions to China. Uber Technologies – Shares fell 1.2% after Nomura cut the stock from buy to neutral. However, the company raised its target price on the Lyft rival by $3 to $62. Boston Scientific – Shares of the medical device company rose 1.7% after Boston Scientific announced Thursday evening that it has begun a clinical trial using one of its devices in the treatment of persistent atrial fibrillation. The medical device system has already been used in trials on other types of atrial fibrillation, and Boston Scientific says it expects the first approval from the U.S. Food and Drug Administration in 2024. UnitedHealth – Health insurance stocks rose 0.5% after it said UnitedHealth has agreed to sell its Brazil unit to a private investor, with completion expected in the first half of next year. The company also reaffirmed its prior adjusted earnings outlook for next year. — CNBC’s Jesse Pound contributed reporting.

Justin Ashley 29 January 2025 29 January 2025
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By Justin Ashley
Justin Ashley is a distinguished financial expert with an impressive track record in the world of finance. He embarked on his career at New York Business Times in 2015 as a finance correspondent and has since become a prominent figure in the industry.
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