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Stocks making the biggest moves in the premarket: Pinterest, PayPal, Tesla and more
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cnbc.comTake a look at some of the biggest movers in the premarket:
Pinterest (PINS) – Pinterest shares tumbled 13.2% in premarket trading after PayPal (PYPL) said it was not pursuing an acquisition of the social media company at this time. Its statement came in response to reports that it was pursuing an acquisition of Pinterest for as much as $45 billion. PayPal shares jumped 6.1%.
Tesla (TSLA) – Tesla raised prices on certain versions of its Model X and Model S cars, according to the company's website. Additionally, car rental giant Hertz has reportedly ordered 100,000 Tesla vehicles for its fleet. Tesla shares rallied 4.3% in the premarket.
Kimberly-Clark (KMB) – The consumer products company's stock slid 3% in premarket trading after quarterly
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