BUZZ-U.S. STOCKS ON THE MOVE-Tesla, GameStop, KB Home, ARIAD Pharma
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U.S. stock index e-mini futures fell on Wednesday: Dow Jones industrial average futures were down 0.50 percent at 17,447, S&P 500 futures were down 0.50 percent at 2,006 and Nasdaq 100 futures were down 0.39 percent at 4,142.25.
** TESLA MOTORS INC, Tuesday close $204.25, -6.71 pct premarket
Chief Executive Elon Musk said on Tuesday that the electric luxury car maker's sales in China were "unexpectedly weak" during the fourth quarter.
The company plans to boost production of electric cars to "at least a few million a year" by 2025 from fewer than 40,000 last year, Musk said.
** GAMESTOP CORP, Tuesday close $33.77, +9.86 pct premarket
The world's largest retailer of video game products, said December same-store store sales rose 4.4 percent, driven by higher demand for games such as Call of Duty: Advanced Warfare, Grand Theft Auto V and Far Cry 4. Continued...