Here’s what we’re watching for in Wednesday’s trading session
, amid building concerns over inflationary pressures in the global economy. :
Coinbase Global shares tumbled more than 10% premarket after the company posted third-quarter revenue that missed analysts’ targets. Tesla ’s stock price edged up less than 1% in premarket trading, a sign that the electric-vehicle maker’sShares of online marketplace Poshmark tumbled more than 30% premarket after posting third-quarter sales below Wall Street expectations and issuing a fourth-quarter forecast that missed estimates.acquire European food-delivery company
Wolt Enterprises Oy in an all-stock deal valued at over $8 billion and reported quarterly results that topped Wall Street’s estimates. Krispy Kreme shares added 3.2% premarket after the doughnut-maker reported an 18% revenue increase in the latest period, helped again by international operations that performed stronger than before the pandemic.against Google, adding new momentum to the bloc’s assault on big tech companies.
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