Tesla Sets Delivery Records, but This Nasdaq Stock Was the Big Premarket Winner Monday

The stock market mounted a nice recovery to end last week, but Wall Street seemed to have a real case of the Monday blues. Futures contracts on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were down 72 points to 14,689 as of 8:15 a.m. EDT, pointing to a lower start for the index.

However, there were some definite bright spots among individual stocks. Tesla (NASDAQ: TSLA) announced its third-quarter production and delivery figures, and they were good enough to send the stock higher in pre-market trading on Monday. Yet the electric vehicle maker's gains were tiny compared to the huge gain in a little-known player in the biopharmaceutical space. Below, we'll talk about Tesla's win and then reveal the name of this rising small-cap stock.

Image source: Getty Images.

Continue reading

Source Fool.com