Boeing, Apple, Tesla fall premarket; American Airlines rises By Investing.com

Investing.com — US stock slipped slightly lower Monday, as a generally positive 2024 draws close to the end.

Here are some of the biggest premarket US stock movers today:

• Boeing (NYSE:) stock fell 3.4% after a devastating air accident in South Korea, involving a Boeing 737-800, claimed the lives of 179 people on Sunday when a passenger plane crash-landed at Muan International Airport.

• Nvidia (NASDAQ:) stock fell 1.5%, with the US chipmaker Nvidia set to launch its latest generation of compact computers designed for humanoid robots, dubbed Jetson Thor, in the first half of 2025.

• Tesla (NASDAQ:) stock fell 2.4%, hurt by higher US yields, while UBS expects the EV manufacturer to announce its Q4 2024 delivery numbers on Jan. 2, with the bank’s analysts forecasting approximately 510,000 units, reflecting a 5% year-over-year and 10% quarter-over-quarter increase.

• Apple (NASDAQ:) stock fell 1.1% after Chinese rival Huawei cut the prices of a variety of high-end devices, including mobile phones, over the weekend on one of China’s leading e-commerce platforms.

• Coinbase (NASDAQ:) stock fell 2.1%, with the cryptocurrency exchange suffering due to the losses in bitcoin, the world’s most popular digital currency.

• American Airlines (NASDAQ:) stock rose 0.2% after Raymond (NS:) James upgraded its stance on the carrier to “outperform” from “market perform”, citing an attractive risk-reward, which reflects an improved revenue outlook following the early-December update.