Investing.com - Stocks in focus in premarket trading on Tuesday:
JD.Com (NASDAQ:JD) stock surged 7.7% in premarket trade by 8:20 AM ET (12:20 GMT) after the China-based internet company reported a 23% rise in quarterly revenue due to increased sales.
Advance Auto Parts (NYSE:AAP) stock fell 6.6% after it missed estimates on the top and bottom line, and trimmed its full-year net sales and comparable-store sales outlook.
Verizon Communications (NYSE:VZ) stock inched up 0.2% after reports that it is selling its blogging website Tumblr for an undisclosed amount to WordPress.com owner Automatic.
United Parcel Service Inc (NYSE:UPS) stock was in focus after it named PepsiCo (NASDAQ:PEP) executive vice president Brian Newman as its new chief financial officer, effective September 16.
McDonald’s Corporation (NYSE:MCD) stock rose 0.2% after it initiated at “buy” in new coverage at MKM Partners, according to CNBC. The analysts said they believed the restaurants strong sales growth was sustainable for the chain.
Exxon Mobil Corp (NYSE:XOM) stock slipped 0.2% after Reuters reported that it is considering selling some or all of its U.K. North Sea assets, which are worth about $2 billion.