Here are some of the companies with shares expected to trade actively in Thursday’s session. Stock movements noted by ticker reflect movements during regular trading hours; premarket trading is specified separately.
Tesla —up 1.9% premarket: The company on Wednesday lost a U.S. tax credit that effectively lowered the price of its vehicles and helped build interest in fledgling electric cars.
PG&E —unchanged premarket: A California bankruptcy court sided with the electric utility in its fight with bondholders over the interest rate that it must pay on its debts while under bankruptcy-court protection.
Melinta Therapeutics —up 3.6% premarket: The bankrupt biotechnology company won court approval to use its lenders’ cash to keep operating pending a possible sale of the business to health-care investment firm Deerfield Management.
Landec will provide its latest earnings report after markets close on Thursday.
This is a version of the “Stocks to Watch” section of our Markets newsletter. To receive it every morning via email, click here.
Write to James Willhite at james.willhite@wsj.com
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Stocks to Watch: Tesla, PG&E, Melinta Therapeutics - Wall Street Journal
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