Investing.com - Stocks in focus in pre-market trade Tuesday:
• Nike (NYSE:NKE) stock slid 2.13% by 8:09 AM ET (12:09 GMT) as it became known that Colin Kaepernick, the first NFL player to kneel during the national anthem as a protest against racism, was chosen to be one of the faces in ad campaigns celebrating the 30th anniversary of its “Just Do It” slogan. The move is speculated to draw criticism from U.S. President Donald Trump and spurred reaction across social media with the hashtag #NikeBoycott among the top trending topics on Twitter on Tuesday.
• Tesla (NASDAQ:TSLA) stock slumped 1.91% after Electrek reported that the company missed its end-of-August production goal of 6,000 Model 3 units per week, but was still on track for its overall third-quarter goal.
• JD.com (NASDAQ:JD) stock sank 3.74% after its tentative chief executive Richard Liu was arrested in the U.S. on suspicion of criminal sexual conduct and later released.
• Apple (NASDAQ:AAPL) stock gained 0.15% despite news that the company determined that “a very small percentage” of iPhone 8 devices contain logic boards with a manufacturing defect. Apple announced that it will repair eligible devices free of charge.
• Disney (NYSE:DIS) stock rose 0.21% after the company reached a tentative salary agreement with Walt Disney World) workers.
• Transocean (NYSE:RIG) stock fell 1.73% after the company announced it would acquire Ocean Rig (NASDAQ:ORIG) in a cash and stock transaction valued at $2.7 billion, including debt.