Bed Bath & Beyond, Triton rise premarket; American Airlines falls

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Wednesday, April 12th. Please refresh for updates.

• Bed Bath & Beyond (NASDAQ:) stock rose 1.3% ahead of its quarterly earnings with the struggling retailer having announced late Tuesday plans to sell 112 million shares to shore up its battered finances.

• American Airlines (NASDAQ:) stock fell 2.4% after the carrier issued a disappointing first-quarter profit update.

• Apple (NASDAQ:) stock rose 0.1% with the iPhone maker set to open its first physical stores in India next week, emphasizing the importance this market will have on future cash flows.

• Ford (NYSE:) stock rose 0.5% after the auto giant announced plans to invest $1.3 billion in a Canadian assembly plant to start producing electric vehicles.

• National Instruments (NASDAQ:) stock rose 8.5% after Bloomberg reported that Emerson (NYSE:), down 1.7%, was in advanced talks to acquire the measurement equipment maker, in a deal valued at about $8B.

• MongoDB (NASDAQ:) stock rose 3.1% after Morgan Stanley upgraded its stance on the software company to ‘overweight’ from ‘equal weight’.

• National CineMedia (NASDAQ:) stock rose 11% after the movie-theater advertising business said it has filed for bankruptcy protection and entered into a restructuring agreement with its lenders.

• Triton International (NYSE:) stock rose 31% following an announcement that the leasing company is to be acquired by Brookfield Infrastructure (NYSE:) in a deal valued at $4.7B.