iRobot, Nvidia, Apple, Walmart, Target, Amazon, Best Buy, and Fisker are all making headlines in the pre-market trading session.
Shares of iRobot surged 30% after a report from Reuters, citing sources familiar with the matter, said that Amazon is close to receiving regulatory approval in the European Union for its $1.4 billion acquisition of the robot vacuum maker.
Meanwhile, Nvidia’s shares fell 1.8% after Reuters reported that the chipmaker told its China clients it will be delaying the chip designed to comply with U.S. export restrictions until next year.
Shares of Apple also fell slightly by 0.2% after a Reuters report, citing data from Counterpoint Research, revealed a drop in smartphone sales during China’s recent Singles Day.
On the other hand, some retail stocks were on the rise as investors kept an eye on Black Friday trends to gauge the health of the consumer. Walmart and Target both saw their shares increase by 0.2%, while Amazon and Best Buy also advanced by 0.1% each.
Lastly, Fisker’s automotive stock rose 8% after the company filed a 10Q, which was previously delayed, with the Securities and Exchange Commission and announced changes to its finance leadership team.
These developments are expected to impact the market and traders are closely monitoring these companies as they head into the trading day.
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