Series of Companies Making a Difference Before the American Stock Market Session – 2

 

SolarEdge Technologies (SEDG) - The solar equipment manufacturer was determined to have received a huge investment in the assessment by Morgan Stanley. SolarEdge is in a position to gain a share in the rapidly growing energy market. The stock gained 3 percent in pre-market trading as of 07:40 ET.

 

Corteva (CTVA) - Activist shareholder Starboard Value is trying to take control of the agribusiness's board of directors by ending the management of Corteva CEO Jim Collins. In a letter that Starboard sent to the company's board of directors; They stated that Corteva's performance was mediocre and that they were considering someone instead of Collins without specifying a name.

Tesla (TSLA) - Tesla saw its registrations (licensing) increased by about 63 percent in California in the fourth quarter, partly thanks to the success of its Model Y crossover. California is where Tesla gets the largest market share in the US.

Kinder Morgan (KMI) - Kinder Morgan was up 3 cents per share, earning 27 cents per share each quarter, surpassing estimates. The energy infrastructure provider's revenue surpassed Wall Street estimates. These positive results are attributed to the increasing natural gas consumption. The company expressed its concern over the rapid increase in spending on shale oil following the recovery in US oil prices. Stocks rose 3 percent as of 07:40 in pre-market trading.

Series of Companies Making a Difference Before the American Stock Market Session – 2

Source: https://www.cnbc.com/

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