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Stocks - Pandora Gains in Pre-market; Tesla, Comcast Tumble

Investing.com
Stocks to watch out for on Monday.
Stocks to watch out for on Monday.

Investing.com - Stocks in focus in pre-market trade Monday:

· Comcast (NASDAQ:CMCSA) stock slipped 4.62% as of 8:22 AM ET (12:22 GMT) after the company outbid Fox on Saturday for a majority stake in European broadcaster Sky.

· Barrick Gold Corporation (NYSE:ABX) stock surged by 2.87% after the company bought Randgold Resources (LON:RRS) for $18 billion.

· Tesla (NASDAQ:TSLA) stock slipped up 1.3% after the luxury carmaker announced it was launching a door-to-door service for customers in Los Angeles in an attempt to speed up car sales.

· Pandora (NYSE:P) stock jumped 8.36% after news that broadcasting company Sirius XM is buying the music streaming site in a $3.5 billion deal.

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· Michael Kors (NYSE:KORS) stock was flat after the company reached a deal to take control of Italy’s Versace fashion house.

· Symantec (NASDAQ:SYMC) stock increased 2.97% after an audit committee determined no accounting revision to its financial results was needed.

· Alexion Pharmaceuticals (NASDAQ:ALXN) stock was up 6.57% after the company announced positive Phase 3 study results for treatment of a rare central nervous system disorder.

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