Morning Buzz: Portola (PTLA), Tesla (TSLA), Apple (AAPL), KB Home (KBH)

Shares of Portola Pharmaceuticals, Inc. (PTLA) are lower by 27.15% to $20.85 in active pre-market trading on Thursday after the company’s topline data from Phase 3 APEX study showed its oral anticoagulant was not superior to an injectable standard therapy in preventing blood clots in acutely ill patients.

Tesla Motors, Inc. (TSLA) shares are down 2.70% to $216.58 in pre-market trading. With no specific news to account for move, the weakness may be related to the name’s downgrade on Wednesday by S&P Global Market Intelligence analysts, who took their recommendation on TSLA a notch down to ‘Sell’.

Apple (AAPL) — The company’s Apple Pay mobile payment service will soon be available for use within the Safari mobile web browser, according to Re/code.

KB Home (KBH) gained $0.75 to $13.85 in pre-market trading after it reported fiscal-first quarter earnings.

The homebuilder handed in earnings of $0.14 per share on revenue of $678.4 million, beating Wall Street estimates of $0.11 per share on revenue of $639.01 million.

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