Tesla (TSLA) – CEO Elon Musk said Tuesday the company will cut its salaried workforce by 10% over the next three months.
Kellogg (K) – Shares were up about 3% in pre-market action following news the company will split into three publicly-traded companies. Kellogg will split into a Global Snacking unit, a North American Cereal unit and a Plant-based unit.
Exxon Mobil (XOM) – An analyst at Credit Suisse upgraded shares to the equivalent of a buy rating Tuesday morning. The analyst set a $125 price target on the stock.
Allied Esports Entertainment (AESE) – Benzinga will host one of its Listmaker events this week; players in the eSports industry will be featured, including Allied Esports.
Arrival (ARVL) – The company’s electric van received certification from the European Union Tuesday. Shares were quiet in the pre-market session.