Morning Movers: Zillow, Groupon, GM, Yahoo

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Sept. 5 (Bloomberg) -- Bloomberg's Scarlet Fu, Jon Erlichman and Tom Keene highlight the news you need to follow for today's trading. They speak on Bloomberg Television's "Bloomberg Surveillance."

Zillow, falling and the premarket by more than three percent after morgan stanley cut its rating on the stock to underweight.

It is trading at $97.40 per share.

We are watching groupon, upgraded to an overweight rating.

The folks at morgan stanley think the north american business for groupon is improving and mobile business.

Shares are up over 100%. one of the founders decided he will be the ceo, andrew mason is out.

Maybe the company is more focused.

This is a whole new company?

This is a more focused company and wall street likes that.

Let's talk about general motors moving higher in the premarket after the u.s. auto sales translated to an annual pace in august of 6.1 million cars.

They are make more money -- they are making more money at lower sales volume.

It is a huge contrast to 2007. they were struggling to make money but now the big three are profitable.

It is a different wage rate.

Employing less people.

Another mover, maybe less about stock movement, but changing your look -- yahoo unveiling a new logo.

Yahoo shares are up 40 % this year.

Marissa mayer changed everything.

He says yahoo differently than we do.

In 45 minutes, betty liu and i will have the important headlines.

Coming up, we will look at the ecb.

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This text has been automatically generated. It may not be 100% accurate.

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