Check out the companies that make headlines in pre-market transactions. Ralph Lauren – Fashion Stock added 2.8% after upgrading with Goldman Sachs to buy from Neutral. The bank said Ralph Lauren has limited exposure to tariffs to his peers. Duolingo – Literary learning application rose 1.5% after an upgrade to performance from Citizen JMP Securities. Analyst Andrew Boone pointed out that Duolingo’s Max subscription could be a boon to advance inventory, citing an attractive assessment as a bullish catalyst. Peabody Energy – A 4.8% increase after President Donald Trump won 4.8% on Truth Social, saying he uses coal to allow energy production. Eastman Kodak – Stocks in film and chemical makers rose more than 4% after reporting a surge in net profit for the fourth quarter. Kodak said it generated $26 million quarterly net profit, up from $5 million in the previous year’s period. Lucid – Stocks rose 2.8%. Morgan Stanley’s Adam Jonas upgraded the electric vehicle company’s shares to equal weights and noted that the company’s artificial intelligence strategy could be a positive catalyst for the bright id. Hallador Energy – Energy providers fell 6% after fourth quarter revenues missed expectations. The company reported revenue of $94.2 million, but analysts voted by FactSet were looking for $95.5 million. Baidu – Shares rose 2% after the Chinese technology company released two new artificial intelligence models. Sarepta Therapeutics – Biotechnology stock fell more than 25% after revealing the death of a man with Duchenne muscular dystrophy after treatment with Elevidys. “Acute liver damage is a known side effect of Elevidi,” the company said in a statement. Tesla – The electric car maker drove pre-market 3% as volatile rides continued. Previously, analysts at RBC Capital Markets lowered their stock price targets, citing the rise in competition. – CNBC’s contribution report from Salamine, Michelle Fox and Jesse Pound
