Investing.com — Stocks in focus in premarket trade on Monday, 9th September.
AT&T (NYSE:) surged 6.7% as activist investor Elliott Management announced it had built a $3.2 billion stake in the company, targeting a share price over over $60 by the end of 2021
Nutanix (NASDAQ:) stock was up 6.3% after a two-notch upgrade from Susquehanna, whose analysts Mehdi Hosseini said the worst is behind the enterprise software company as it transitions to a subscription-based model
Fannie Mae (OTC:) stock was up 14% after Treasury Secretary Steven Mnuchin said that a deal is close to end the government’s profit sweep, and allow it to retain its earnings
Freddie Mac’s (OTC:) stock was up 25% on the same news.
Nissan Motor ADRs (OTC:) were in the spotlight after chief executive Hiroto Saikawa agreed to step down.
Disclaimer: Fusion Media
would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.