Stocks - Twitter, Coke, Hasbro Rise Premarket; Tesla Falls
Investing.com - Stocks in focus in premarket trading on Tuesday:
• Twitter (NYSE:TWTR) surged 7% by 8:15 AM ET (12:15 GMT) after better-than-expected revenue and a surprise increase in the number of monthly active users.
• Tesla (NASDAQ:TSLA) stock fell 1.1% after CEO Elon Musk commented that the luxury car maker will have a fleet of driverless taxis next year.
• Verizon (NYSE:VZ) slipped 0.1% even as its wireless revenue helped the telecommunications company beat profit estimates. The company reaffirmed its outlook for full-year revenue, saying it expects "low single-digit" growth.
• Hasbro (NASDAQ:HAS) jumped 16.3% as its earnings for the first quarter rose unexpectedly due to higher profit and an increase in franchise brand revenue.
• Lockheed Martin (NYSE:LMT) was up 6% after it reported a jump in revenue, with earnings per share of $5.99 on $14.3 billion revenue.
• Coca-Cola (NYSE:KO) gained 3% after its organic sales rose 6% due to a rise in demand in Europe, the Middle East and Africa.
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