US stocks futures are higher on Tuesday and there are some notable stocks trending before the Wall Street bell, including one of the most well-known on the planet..
Facebook Inc (NASDAQ:FB.) shares are down 1.70% in pre-market deals to US$194 as the social networking giant lost momentum on news that the US Justice Department's investigation of the firm following the Cambridge Analytica data scandal has widened in scope.
Now the FBI, SEC (Securities and Exchange Commission), and FTC (Federal Trade Commission) have all joined the Justice Department in its investigation of the behemoth.
The Justice Department began investigating earlier this year after it was claimed that Cambridge Analytica harvested Facebook profile information from tens of million users without their express consent.
Also in pre-market, Tesla Inc (NASDAQ:TSLA), the electric car giant, was back in the frame, with shares down 0.73% in pre-market deals, as it emerged that the group's engineering chief reportedly won’t be returning from his leave of absence.
It is a key period for the car maker as Elon Musk's company bids to prove it can sustain production of its Model 3 sedan.
Acxiom Corp (NASDAQ:ACXM) shares surged over 14% to US$34.21 as the marketing database group as Interpublic Group of Cos (NYSE:IPG) agreed to pay the firm US$2.3bn in cash for its marketing solutions business. IPG shares lost 1.75% on Monday to stand at US$23.03.
Also, in pre-market Herman Miller Inc (NASDAQ:MLHR) shares added 11.76% to US$38.50 as its fourth quarter earnings beat estimates.
Profit for the three months came in at US$31.8 million, or US$0.53 per share, versus US$33.4 million, or $0.55 per share, in the same period last year.
Herman Miller jumps 11.6% in after-hours trading after reporting better-than-expected Q4 results $MLHR https://t.co/3lqrjiUKyC
— The Fly (@theflynews) 2 July 2018