monitors display coinbase signage during the companys initial public offering ipo at the nasdaq market site april 14 2021 in new york city check out the companies making headlines before the bell coinbase shares of coinbase fell 32 in early morning trading after the cryptocurrency exchange revealed it received a notice of possible enforcement action from the securities and exchange commission the notice is related to coinbases interestearning product called coinbase lend the company said in a blog post tesla tesla shares moved 07 higher in the premarket after chinese car sales numbers showed the electric vehicle makers sales jumping in august from the month prior local sales of vehicles made in china jumped to 12885 cars in august versus 8621 cars in july according to the china passenger car association citrix citrix shares jumped 52 in early morning trading after the wall street journal reported activist hedge fund elliott management has a more than 1 billion stake in the software company the fund wants citrix to work to boost its valuation according to the report paypal paypal shares added 1 in premarket trading after the digital payments platform said it would acquire japanese buynowpaylater company paidy in a deal worth 27 billion the move comes after square announced in august it would buy australian bnpl firm afterpay and after amazon announced a partnership with bnpl company affirm nio shares of nio dropped nearly 3 in early morning trading after the chinese electric vehicle company announced a 2 billion stock offering the company said it would use the proceeds to further strengthen its balance sheet as well as for general corporate purposes coupa software shares of coupa software added 5 after betterthanexpected quarterly financial results coupa reported earnings of 26 cents per share on revenue of 1792 million wall street expected a loss of 6 cents per share on revenue of 163 million according to refinitiv