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Stocks - Tesla Tumbles in Pre-market; Eli Lilly, BlackBerry Gain

Stocks to watch out for on Friday.
Stocks to watch out for on Friday.

Investing.com - Stocks in focus in pre-market trade Friday:

· Tesla (NASDAQ:TSLA) stock slumped 12.36% as of 8:15 AM ET (12:15 GMT) after its Chief Executive Elon Musk was sued by the U.S. Securities and Exchange Commision for securities fraud relating to a tweet in which Musk said he had “funding secured” to take the company private.

· Eli Lilly (NYSE:LLY) stock inched up 0.11% after the company received clearance from the U.S. Food and Drug Administration to sell its migraine drug.

· BlackBerry (NYSE:BB) stock rose 2.26% after the company posted higher-than-expected revenue.

· JC Penney (NYSE:JCP) stock fell 2.88% after the company announced its Chief Financial Officer, Jeffrey Davis, is resigning to pursue a new opportunity, just a year-and-a-half after taking the job.

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· Pfizer (NYSE:PFE) stock could be active after its once-daily oral drug to treat a form of lung cancer was approved by the U.S. Food and Drug Administration.

· Novo Nordisk (NYSE:NVO) stock slipped 0.7% after the company announced it was eliminating 250 jobs in the U.S.

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