Stocks – Amazon.com Rises in Premarket; Lyft, Boeing Fall

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Centro de logística da Amazon em Lauwin-Planque, França 20/02/2017 REUTERS/Pascal Rossignol

Investing.com – Stocks in focus in premarket trade Tuesday:

Apple (NASDAQ:AAPL) stock slipped 0.1% by 8:15 AM ET (12:15 GMT) after it cut the price of its iPhones in China.

Amazon.com (NASDAQ:AMZN) stock was up 0.2% after cutting prices again at its Whole Foods stores in an attempt to bolster Prime membership.

Lyft (NASDAQ:LYFT) stock fell 5% after the ride-sharing company was rated at sell in new coverage by Seaport Global Securities, according to CNBC.
Walgreens Boots Alliance (NASDAQ:WBA) stock slumped 7.9% after its earnings missed estimates. The company reported revenue of $34.53 billion versus $34.56 billion expected. It now expects flat earnings this year, having earlier expected a rise of up to 12%.

Tesla (NASDAQ:TSLA) stock fell 0.3% ahead of its expected first-quarter car sales report. Analysts expect the company to report a significant drop in sales.

Boeing (NYSE:BA) stock slipped 0.7% after the company delayed an expected update to its troubled 737 Max 8 model.

Ford stock inched down 0.2% after it said its European division is spending tens of millions of euros to prepare for a hard Brexit.