Stocks Making the Greatest Movements Premarket 01/26

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Last Updated on January 26, 2023 by Bitfinsider

Southwest Airlines — The airline fell 2.1% after announcing a $220 million loss in the fourth quarter as a result of the Christmas catastrophe, which lost the firm millions of dollars and drove up expenditures.

Tesla — The electric vehicle manufacturer rose 7% after announcing record revenue and profitability. Tesla CEO Elon Musk stated that the company may be able to build 2 million cars this year.

Chevron — The oil giant gained more than 3% in premarket trading after the firm announced a $75 billion stock repurchase program and a dividend increase to $1.51 per share from $1.42 per share. The repurchase program will go into action on April 1st.

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