4 stocks to watch on Tuesday: DG, NIO, VSCO and JOBY

U.S. stock index futures on Tuesday made small moves, with market participants keeping a close eye on any trade developments. Here are some stocks to watch on Tuesday:

• Shares of Dollar General (NYSE:DG) were +9.1% in pre-market trading, after the discount retailer delivered a 2.4% increase in Q1 same-store sales and hiked its full-year guidance. Dollar General (NYSE:DG) now sees same-store sales growth of about 1.5% to 2.5%, versus a previous range of 1.2% to 2.2%. “The Company is updating its expectations for the year, primarily to reflect its outperformance in the first quarter and…tariff uncertainty,” the retailer said.
• U.S.-listed shares of Nio (NYSE:NIO) were -3.1% ahead of the opening bell, after the Chinese electric vehicle maker reported a wider loss for Q1, despite higher vehicle deliveries. Nio’s (NYSE:NIO) quarterly adjusted net loss widened to RMB 6.28B ($871.7M). Deliveries improved 40.1% Y/Y to 42,094. “We expect total deliveries for the second quarter to reach between 72,000 and 75,000, representing a year-on-year growth of 25.5% to 30.7%,” top boss William Bin Li said.
• Victoria’s Secret (NYSE:VSCO) stock was in focus, -1% ahead of market open. The lingerie retailer said it was delaying the announcement of its Q1 results and earnings call due to a fallout from a cybersecurity incident. VSCO on May 24 detected a security breach in its information technology systems. The incident did not impact Q1 financial results, but “the restoration process has prevented employees from accessing certain systems and information needed to support” the release.
• Joby Aviation (NYSE:JOBY) stock was +11.2% in pre-market trading, after the firm inked a memorandum of understanding with Saudi Arabia’s Abdul Latif Jameel to bring its electric air taxis to the Middle Eastern nation. The deal has the potential to see deliveries of up to 200 electric aircraft and related services valued at about $1B over the coming years. “This collaboration is about bringing America’s leadership in electric air mobility to the world,” JOBY CEO JoeBen Bevirt said.