Check out the companies that made headlines in pre-market trading: Pfizer — The company’s stock rose more than 2% in pre-market trading after the company released 2025 forecasts that met Wall Street’s expectations . Pfizer said it expects sales to be between $61 billion and $64 billion next year, compared with the consensus forecast of $63.2 billion, according to FactSet. Red Cat — Drone stock fell more than 14% after posting a loss of 18 cents per share in its fiscal second quarter. This was wider than the loss of 11 cents per share in the year-ago period. Red Cat has soared in recent days as mysterious sightings in the Northeast drew attention and raised Wall Street’s hopes for more funding for the drone industry. Nvidia, Broadcom — Two chip stocks have seen mixed performance in recent trading. In premarket trading, Nvidia shares fell nearly 2% a day after entering correction territory. Broadcom, on the other hand, was down only slightly. The stock has risen more than 45% in the past week. Broadcom on Thursday announced a positive outlook as revenue from its artificial intelligence business grows. SolarEdge Technologies — The clean energy stock rose 14% after two Goldman Sachs upgrades from sell to buy. The bank sees 2025 as a key turning point and the beginning of SolarEdge’s turnaround story. Tesla — The electric vehicle stock rose nearly 2% after Mizuho’s rating was upgraded from neutral to outperform. The investment firm said Tesla should benefit from regulatory changes expected under the Trump administration, including regarding autonomous driving. Tesla stock had already risen 34% in December. Hims & Hers Health — Shares rose 2.4% after Morgan Stanley initiated coverage of the digital health stock with an overweight rating. The company said it is well-positioned to benefit from the growing demand for personalized medicine. Albertsons — The grocery retailer rose 1.8% after being upgraded to beat market performance by Telsey Advisory Group. Analyst Joseph Feldman said recent discussions with Albertsons management have increased recognition and confidence in Albertsons’ sales and profit growth potential. Epam Systems and Cognizant Technology Solutions — IT services stocks each rose more than 1% after Barclays upgraded them from equal weight to overweight. The bank said it has made investments that will help both companies win business as they return to the sector. —CNBC’s Michelle Fox, Sean Conlon, Lisa Han, Jesse Pound and Yun Li contributed reporting.
PFE, TSLA, SEDG, RCAT etc.
