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Tesla, Procter & Gamble and HCA rise premarket; SQM falls

Investing.com
·1-min read

By Peter Nurse

Investing.com -- Stocks in focus in premarket trade on Friday, April 21st. Please refresh for updates.

Procter & Gamble (NYSE:PG) stock rose 2.2% after the consumer goods giant raised its full-year sales forecast, signaling higher prices would offset the hit from consumers turning to cheaper alternatives for household essentials.

Tesla (NASDAQ:TSLA) stock rose 0.06% after the electric vehicle manufacturer raised the U.S. prices for its Model S and X premium electric vehicles, according to its website on Thursday, although they are still 20% lower than the start of the year.

HCA (NYSE:HCA) stock rose 5.7% after the healthcare company lifted its full-year forecast on improving levels of staffing that have allowed it to conduct more surgeries.

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CSX (NASDAQ:CSX) stock rose 2.6% after the railroad operator posted better-than-expected quarterly profit and revenue late Thursday, boosted by higher shipment rates.

PPG Industries (NYSE:PPG) stock rose 1% after the industrial coatings supplier exceeded quarterly profit expectations on the back of higher prices and sales volumes and forecast better-than-expected full-year 2023 earnings.

SQM (NYSE:SQM) stock fell 5.7% after Chile's President Gabriel Boric announced on Thursday he would nationalize the country's lithium industry, impacting the Chilean lithium miner.

XPO (NYSE:XPO) stock rose 1.7% after Citigroup upgraded the transportation company to ‘buy’ from ‘neutral’, citing the recent executive additions from rivals.

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