Stocks to Watch Monday: Tesla, Salesforce, Verizon

The software provider’s shares fell more than 6% in premarket trading after reports that the company’s potential buyer has backed away. In contrast, another company’s stock rose roughly 3% ahead of the market open.

Tesla

The electric-vehicle maker cut prices further in China due to an intensifying price war. This led to a 2.5% premarket decline in Tesla’s shares, potentially adding to the company’s substantial loss this year. Another company’s American depositary receipts also fell premarket after reducing prices for its EVs in the country.