Tesla, Nvidia, Snowflake, Peloton, and More Stock Market Movers Thursday

Nvidia falls in premarket trading Thursday.


Justin Sullivan/Getty Images

Stock futures were higher Thursday as investor sentiment improved following an injection of fiscal stimulus in China and as traders awaited the start of the Jackson Hole economic conference.

Futures for the


Dow Jones Industrial Average

were up 0.3% and


S&P 500

futures rose 0.5%. Futures for the tech-heavy


Nasdaq Composite

climbed 0.8%.

These are some of the stocks making notable moves in premarket trading Thursday.



Tesla

(ticker: TSLA) was 2.3% higher early Thursday after a 3-for-1 stock split went into effect. Shares closed $891.29 on Wednesday. In premarket trading Thursday, the split-adjusted stock was trading at around $303.60.



Nvidia

(NVDA) fell 3.4% after the semiconductor company provided a revenue outlook for the October quarter that was below Wall Street expectations.



Snowflake

(SNOW) stock soared 20% after the cloud-based data-warehousing company reported better-than-expected financial results for its second quarter and raised its full-year product revenue guidance.



Teladoc Health

(TDOC), a telehealth service provider, climbed 5% after



Amazon.com

(AMZN) shut down Amazon Care, a healthcare service that was launched for Amazon employees during the pandemic and then expanded to other corporate customers.



Peloton Interactive

(PTON) dropped 15% after the at-home fitness company reported a wider loss and lower revenue for its fiscal fourth quarter than Wall Street expected. Its forecast also missed estimates.



Salesforce

(CRM) fell 6.2% after the software-as-a-service company lowered its full-year revenue guidance.



Splunk

(SPLK) was 10% lower after the provider of data security and IT monitoring software lowered its forecast for full-year annual recurring revenue.

Write to Angela Palumbo at angela.palumbo@dowjones.com

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