This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Sirius, Tesla, IBM: Tech Premarket

NEW YORK ( TheStreet) -- Sirius XM (SIRI - Get Report) was a big winner in pre-market trading on Tuesday, lifted by the addition of 715,000 new subscribers.

Shares of Sirius climbed 1.72% to $3.54. The Internet radio giant was also one of the most active pre-market Nasdaq stocks on share volume of 1,423,446.

In a statement released early on Tuesday, Sirius announced that it added 715,000 net new subscribers during the second quarter, taking its total subscribers to more than 25 million. The growth was helped by strong automotive sales, according to the New York-based firm.

Sirius also raised its full-year guidance for total net subscriber additions to 1.5 million, from its previous guidance of 1.4 million.

Facebook (FB - Get Report) was another gainer, rising 0.77% to $24.90, while Tesla (TSLA - Get Report) climbed 2.99% to $125.25, boosted by news that the electric car maker is joining the Nasdaq 100.

BlackBerry (BBRY - Get Report) shares were up 1.05% to $9.65, while Kandi Technologies (KNDI) gained 6% to $5.65.

Shares of IBM (IBM - Get Report), however, slipped 1.42% to $192.21 after the tech heavyweight received a downgrade from Goldman Sachs (GS).

--Written by James Rogers in New York.

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
BBRY $8.90 -0.39%
FB $81.66 -0.67%
IBM $159.18 -0.82%
SIRI $3.85 0.79%
TSLA $187.59 -0.63%

Markets

DOW 17,698.18 -77.94 -0.44%
S&P 500 2,059.69 -8.20 -0.40%
NASDAQ 4,880.2280 -20.6570 -0.42%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs