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Tag: CCL stock

  • Hotel GM as Madrina of Discovery Princess: Carnival Corp. & PLC (CCL) Stock Soaring Premarket

    Hotel GM as Madrina of Discovery Princess: Carnival Corp. & PLC (CCL) Stock Soaring Premarket

    Carnival Corp. & PLC (CCL) is a leisure traveling company. The company also provides shorter destination services along with owning hotels, motor coaches, and glass-domed rail cars.

    The price of CCL stock in the regular trading on March 8, 2022, with an acceleration of 2.25% was $15.8. Its price further rocketed by 7.05% at the last check of the premarket session of March 9, 2022.

    CCL: Events and Happenings

    On March 8, 2022, CCL reported that its partner Princess Cruises celebrated its Hotel GM Terri Cybuliak who is recently honored with the title of the Discovery Princess Madrina. On March 7, 2022, CCL’s partner Princess Cruises updated on the commencement of a partnership with Porsche Club as the authorized cruise vacation collaborator for its programs.

    On March 2, 2022, CCL partner Princess Cruises provided details regarding its licensing deal with NBA and WNBA Properties. It is a great opportunity for basketball fans to display their desired NBA and WNBA teams in MedallionClass vacation. On February 18, 2022, CCL’s brand Seabourn confirmed to opt into the US CDC platform for cruise ships. The cruise line will continue its operations in inoculated COVID-19 cruises, with stringent scrutiny measures placed to board the cruise.

    On February 10, 2022, CCL’s partner Princess Cruises reported a roundtrip in the 2022 summer season for the first-ever trip to Mexico, Hawaii, and the Californian Coasts. The cruises will start journeying on June 25, 2022, and will take 4-16 days for the trip.

    CCL: Key Financial

    On January 27, 2022, CCL released its annual financial statement for the full fiscal year of 2021 concluded on November 30, 2021. Some highlights are mentioned here.

    Revenue

    Full revenues of the company in the FY 2021 were $1.9 billion against $5.59 billion in the comparable FY 2020. The company observed an incline of $3.6 billion in its total revenue YoY.

    EPS

    Net loss basic and diluted during the fiscal year 2021 was $9.5 billion or $8.46 per share corresponding to $10.2 billion or $13.2 per share in the comparable FY 2020 and observed a substantial drop in its net loss YoY.

    Conclusion

    CCL stock is 42% down in the past year as the world has put more restrictions on travel-related companies during the pandemic. The conditions are getting better day by day as the global vaccination drive is continuing. The company’s stock recently swelled in the premarket trading as its collaborator announced the receipt of honor by its hotel GM. The company is also gearing for the quarterly release date and estimates a revenue of $2.27 billion versus -$1.28 EPS.

  • Carnival Corp & PLC (CCL) Stock Continues Downward Spiral as Florida Refuses Proof of Vaccination Requirement

    Carnival Corp & PLC (CCL) Stock Continues Downward Spiral as Florida Refuses Proof of Vaccination Requirement

    Carnival Corp & PLC (CCL) stock prices were down by 4.69% as of the market closing on July 16th 2021, bringing the price per share down to USD$20.92 at the end of the trading day. Subsequent premarket fluctuations have seen the stock fall by another 4.45%, bringing it down to USD$19.99.

    Seabourn Ovation

    July 14th 2021 saw the company announce the opening of the sale of its serious of new itineraries for Seabourn Ovation, which is expected to commence operation out of Miami between November 2021 and April 2022. This will coincide with the ship’s first-ever stop at a United States port on November 18th 2021. This will make the first Caribbean cruise for the Seabourn Ovation, which will start with three 11-day voyages from Miami, where it will also conclude. Trips will depart on November and December of 2021.

    Forecasted Itineraries

    The ship will go on to explore the Panama Canal and areas in Central America between December 2021 and March 2022. January 30th 2022 will see Seabourn Ovation set sail to Centra America with four roundtrip voyages departing from Miami. Customers who book one of the several new itineraries by August 31st 2021 will be granted Shipboard Credit of up to USD$1000, or up to USD$2000 in Shipboard Credit for a Penthouse or Premium Suite.

    Post-Pandemic Operations

    With the world’s continued efforts towards universal immunizations against the coronavirus pandemic, the company is keen to see the persistent easing of mobility restrictions around the globe. With more than 50% of the company’s capacity scheduled to resume sailing by Fall of 2021, CCL is hopeful to make a recovery from the devastating effects of the onset of the pandemic. Promisingly, bookings for 2022 are higher than just before the pandemic, with pent-up demand having burgeoned.

    Continued Effects of Pandemic

    The momentum generated, however, has recently been slowing down. This is largely due to an official announcement by the Government of Florida that denies cruise ship operators from enforcing passengers to show proof of vaccinations. This could result in the implementing of mandatory Covid-19 travel insurance, which would adversely affect demand. The company is keen to see the continued easing of restrictions on travel and mobility.

    Future Outlook for CCL

    With the world hurtling towards an end to the global coronavirus pandemic, CCL is poised to capitalize on the return of the global economy to pre-pandemic levels. Investors are hopeful that the company will be able to ramp up its operations even in light of partial removals of restrictions, with the eventual resumption of normal operations bringing in unprecedented growth as a result of long-term, pent-up demand.

  • Carnival Corporation & plc (CCL) stock gains over Pre-Market: Things you need to know

    Shares of Carnival Corporation & plc (CCL) stock were continuing the uptrend in the pre-market trading session after gaining 1.74% at the previous closing. CCL was up by 2.45% to reach $29.30 a  share as of this writing. A couple of news related to CCL stock are wandering among investors. Let’s have a look at current events.

    What’s happening?

    Yesterday, on April 6, 2021, the Carnival Cruise line notified its guest about the suspension of cruise operations out of U.S ports through July. This was due to an extension in the suspension of all operations from the U.S ports till June 30. President Christine Duffy said that they had no plan to move Carnival Cruise Line ships outside the U.S ports but they had no option other than this in order to continue their operations which had been on a pause for a year due to the COVID-19 pandemic.

    Carnival Corp. spokesman on Tuesday said that the passengers don’t need to vaccinate against COVID-19 before traveling. This reaction from CCL came after the announcement of its rival Norwegian Cruise Line Holdings Ltd that it would be mandatory for the passengers to be vaccinated against COVID-19 before the start of cruises in July.

    Financial View of CCL stock

    CCL stock is expected to announce its first-quarter financial results of 2021 later today. In the previous quarter, CCL stock had a negative earnings surprise of 5.2%. The Zacks Consensus projected a $1.66 loss per share in this quarter. The reason for the loss is obvious as Cruise operations had been halted for a year due to COVID-19 escalations. In the first quarter of 2020, CCL stock reported 22 cents earnings per share. The Zack Consensus estimated the $108 million revenue for the first quarter of 2021 which shows a decline of 97.7% as compared to the same period of the prior year.

    Conclusion:

    So far so good for CCL stock as far as market sentiment is concerned but the first-quarter earnings report ahead would further explain the position of CCL . Cruise operations had been badly damaged due to the rise of the coronavirus pandemic and that why a major fall in the revenue is expected in the earnings report ahead. In a nutshell, long-term investors are required to do deep research before taking a decision.

  • The 3 Top Cruise Line Stocks for Investment in 2021

    The 3 Top Cruise Line Stocks for Investment in 2021

    Cruise Line industry after a hard-fought battle last year is going to get tested again.

    The cruise line industry is a part of the broader travel and tourism industry. The main focus is to provide entertainment in the sea environment. The cruise line firms have taken a massive hit from the global pandemic. The cruise ship’s operations were off for a long period following the COVID-19 restrictions.

    The industry is still a big risk for the investors. Despite we have the vaccine in the market but still the vulnerability level is quite high. The fact that the vaccine is limited and the scale of the pandemic is immense. There are nearly 25.86 million active coronavirus cases at the moment, so things are still unreliable for the cruise line industry to begin full operations in the near future.

    The cruises have limited right to set sail again. Some of the industry leaders that can stand a chance for potential investment; will have look at them. Here are the three possible investment options for cruise line stocks this year.

    Carnival Corp. (CCL)

    Carnival Corp. (CCL) had a testing period last year—just like another cruise firm. The company was able to shrink its expenses through the removal of 19 less efficient ships, 15 of which have already left the fleet.

    In the fourth quarter, the company had a net loss of $1.9 billion, while the remaining cash balance was around $9.5 billion. The company has taken some aggressive actions to keep managing the balance sheet and reducing capacity. Carnival believes that they are well-positioned to capitalize on pent-up demand—being the leading force of the industry.

    In the past few days, CCL stock has continued with a strong trend, as investors respond to the firm’s initiative to support digital gambling board its Princess cruise line. The company plans to launch its new Ocean Sportsbook—a digital application under process in collaboration with Miomni Online Gaming Solutions.

    Being the industry leader and with a well managed financial position, Carnival Corp. (CCL) is one to watch this year.

    Royal Caribbean (RCL)

    Royal Caribbean (RCL) is another promising cruise line stock that would amuse investors if they are willing to bet in the cruise line industry. Royal Caribbean is one of the most decorated cruise line firms in the market right now. Just like other counterparts, the company has faced hard times due to pandemic.

    However, compared to Carnival, RCL shares price dropped almost 45% last year. While CCL shares plunged up to 58%. Royal Caribbean is about to report its Q4 results, expected to record earnings loss of $5.04 per share, as per Zacks.

    Historically, the company has had a higher command mark-up for its cruises, which means RCL would have a smoother path back to profitability once the company starts sailing at its maximum.

    OneSpaWorld (OSW)

    OneSpaWorld (OSW) has been a better performing stock over the 12-months. Those investors who betted on OSW back in March would have made profits by now. Smart investors know that the drop in shares price is a massive opportunity to cash in.

    With that being said, OneSpaWorld is highly dependent upon cruise line operations for its revenue and operations. In the Q3 report, the company noted that it has enough liquidity to sustain its operations through at least Dec. 2021.

    Two Wall Street analysts recommend OSW as a buy. But the stock is trading in an uncertain trend since the start of this year. The best choice would be to jump in when it’s down. However, the best thing is to wait for now and watch the trend and updates of quarterly results.

  • Top Leisure Stocks To Watch In February 2021

    Top Leisure Stocks To Watch In February 2021

    Leisure stocks all over the world have taken a hit since the pandemic started and suffered like all major stocks. But with the vaccine insight and some parts of the world already being vaccinated, leisure stocks are seen as a good investment once again. 2021 is predicted to be the year of leisure stocks’ recovery and this is mainly due to the Covid-19 vaccine news. The leisure industry basically consists of companies which provide recreation products and certain services ranging from travel, golf courses, outdoor spaces, and swimming pools. And while many of these stocks have tanked recently, there are a few stocks which are showing potential in overcoming the pandemic that created havoc.

    Cinemark Holdings, Inc. (NYSE: CNK)

    Cinemark Holdings, Inc. (CNK)‎ has been one of the third biggest exhibitor in the United States in terms of market shares due to its 553 theatres and 5,974 screens in sixteen different countries. CNK’s administration performed particularly well during the pandemic because it closed its less profitable theatres and cut its expenses for unnecessary operations. High management also removed dividends for a short amount of time and helped in keeping the balance sheet in a positive position at $0.5 billion while refusing to take any salary until operations returned to normal. While nearly 65 percent of Cinemark’s theatres are open, they are still lower in a capacity as compared to before. With the end of the pandemic in sights, it is likely that people will once again return to activities such as movies at theatres.

    Wynn Resorts, Limited (NASDAQ: WYNN)

    While hotels have also been hampered by the pandemic and social distancing, reopening has started again through a laborious process. Hotels have the ability to tolerate empty rooms with less damage than airlines. And since the virus has spread across time, the damage is easier to contain as well which will lead to a quicker recovery. And Wynn Resorts has had a reputation on Wall Street for winning but it is still a new brand management team which faces its own challenges. As stocks fall to $67 per share, Wynn Resort’s stocks will recover with the trend of higher lows remaining intact off the coronavirus bottom.

    Carnival Corp (NYSE: CCL)

    Carnival Corporation is a British-American owned leisure cruise industry giant which is actually the largest cruise company in terms of travel leisure globally. Carnival owns more than 100 ships which provide services to 10 top line cruise brands. It is also a part of FTSE 250 and S&P 500 indices. Even in the midst of the pandemic, the company has held $8.2 billions in cash and has also held cash equivalents towards the end of its last quarter. Carnival’s share price also went up by 15 per cent towards the end of last year and its stock is expected to recover once travel reopens. The company also made up some percentage of its losses during the holiday season last year when it offered special deals and discounts.

  • What changed for these 49 stocks in Pre Market Session

    What changed for these 49 stocks in Pre Market Session

    Lizhi Inc. (LIZI) stock plunged -8.14% to $4.4 in the pre-market trading after reporting that it entered in-car audio collaboration with Xpeng Motors. The most recent rating by Citigroup, on February 18, 2020, is a Buy.
    American Airlines Group Inc. (NASDAQ: AAL) shares are trading up 4.72% at $16.85 at the time of writing. Company’s 52-week ranged between $8.25 to $30.78.
    FuelCell Energy Inc. (FCEL) is up more than 5.01% at $7.75 in pre-market hours Friday December 04, 2020. The firm recently declared the pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The stock had jumped over 1.93% to $7.38 in the last trading session.
    Before the trading started on December 04, 2020, AMC Entertainment Holdings Inc. (AMC) is up 5.51% to reach $3.83. It has been trading in a 52-week range of $1.95 to $8.78.
    Cinemark Holdings Inc. (CNK) stock soared 6.02% to $14.1 in the pre-market trading. The most recent rating by Loop Capital, on November 19, 2020, is a Hold.
    Iterum Therapeutics plc (ITRM), a Biotechnology company, dropped about -3.8% at $0.809 in pre-market trading Friday.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 3.7% at $26.36 at the time of writing following its announcement extension of suspension of voyages. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Before the trading started on December 04, 2020, Jaguar Health Inc. (JAGX) is up 7.84% to reach $0.399. It has been trading in a 52-week range of $0.19 to $1.08.
    Transocean Ltd. (RIG), a Oil & Gas Drilling company, rose about 4.43% at $2.12 in pre-market trading Friday after declaring amendments to certain financing documents and internal reorganization transactions to resolve allegations contained in purported notices of default.
    Novan Inc. (NOVN) stock soared 19.92% to $0.67 in the pre-market trading. The most recent rating by Piper Jaffray, on January 06, 2020, is a Neutral.
    Li Auto Inc. (LI) lost over -2.48% at $31.51 in pre-market trading Friday December 04, 2020 following declaration its pricing of follow-on public offering of American depositary shares.
    Southwestern Energy Company (NYSE: SWN) shares are trading up 2.13% at $2.88 at the time of writing. Company’s 52-week ranged between $1.06 to $3.90. Analysts have a consensus price target of $2.40.
    Occidental Petroleum (OXY) is up more than 3.23% at $16.92 in pre-market hours Friday December 04, 2020. The company recently reported the release of its 2020 Climate Report, which provides a pathway detailing milestones to achieve its net-zero aspirations. The stock had jumped over 3.15% to $16.39 in the last trading session.
    Torchlight Energy Resources Inc. (TRCH) is up more than 6.9% at $0.48 in pre-market hours Friday December 04, 2020. The stock had jumped over 15.13% to $0.45 in the last trading session.
    TransGlobe Energy (TGA) grew over 2.82% at $0.659 in pre-market trading today following its agreement to merge, extend and modernize its eastern Desert concessions.
    Before the trading started on December 04, 2020, Catabasis Pharmaceuticals Inc. (CATB) is up 2.07% to reach $1.97. It has been trading in a 52-week range of $1.25 to $8.59.
    Inovio Pharmaceuticals Inc. (INO) stock moved up 8.07 percent to $13.53 in the pre-market trading after declaring the execution of an agreement with Kaneka Eurogentec S.A., for Eurogentec to manufacture INOVIO’s COVID-19 vaccine candidate INO-4800 at their industry-leading GMP plasmid production scales.
    Clovis Oncology Inc. (CLVS) is down more than -4.81% at $5.15 in pre-market hours Friday December 04, 2020. The stock had jumped over 11.09% to $5.41 in the last trading session.
    Cinedigm Corp. (CIDM) gained over 71.43% at $0.96 in pre-market trading Friday December 04, 2020 after reporting that its eight additional linear streaming channels are now Available on Rad’s fast-growing global streaming platform.
    Onconova Therapeutics Inc. (ONTX) stock plunged -1.9% to $0.3143 in the pre-market trading. The most recent rating by H.C. Wainwright, on March 01, 2018, is a Buy.
    Marvell Technology Group Ltd. (MRVL) stock plunged -5.1% to $43.2 in the pre-market trading after announcing a quarterly dividend of $0.06 per share of common stock payable on January 14, 2021 to shareholders of record as of December 23, 2020. The most recent rating by Craig Hallum, on October 30, 2020, is a Buy.
    QEP Resources Inc. (QEP) stock soared 5.0% to $2.1 in the pre-market trading. The most recent rating by JP Morgan, on July 20, 2020, is a Neutral.
    Arlo Technologies Inc. (NYSE: ARLO) shares are trading up 3.09% at $7.0 at the time of writing. The company recently revealed that Matthew McRae, CEO, and Gordon Mattingly, CFO, will present at the Raymond James Virtual Technology Investors Conference on Tuesday, December 8, 2020. Company’s 52-week ranged between $1.20 to $7.75. Analysts have a consensus price target of $6.
    Before the trading started on December 04, 2020, Nxt-ID Inc. (NXTD) is down -3.91% to reach $0.41. It has been trading in a 52-week range of $0.21 to $0.89.
    Halliburton Company (HAL) gained over 3.66% at $18.68 in pre-market trading Friday December 04, 2020 following its deal with Accenture (ACN), to accelerate Halliburton’s digital supply chain transformation and support digitalization within the Company’s manufacturing function.
    United Microelectronics (UMC) stock soared 10.32% to $8.55 in the pre-market trading. The most recent rating by Credit Suisse, on October 12, 2020, is an Outperform.
    Before the trading started on December 04, 2020, Cloudera Inc. (CLDR) is up 14.85% to reach $13.3 after reporting results for its third quarter of fiscal 2021, ended October 31, 2020. It has been trading in a 52-week range of $4.76 to $14.20.
    Before the trading started on December 04, 2020, Isoray Inc. (ISR) is down -4.92% to reach $0.47. It has been trading in a 52-week range of $0.35 to $1.06.
    iBio Inc. (AMEX: IBIO) shares are trading down -0.66% at $1.51 at the time of writing. The firm recently reported an agreement with Belgium-based ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. Company’s 52-week ranged between $0.14 to $7.45. Analysts have a consensus price target of $2.55.
    Centennial Resource Development Inc. (CDEV) stock soared 3.13% to $1.32 in the pre-market trading. The most recent rating by MKM Partners, on November 30, 2020, is a Neutral.
    BioCryst Pharmaceuticals Inc. (BCRX) is up more than 24.44% at $6.39 in pre-market hours Friday December 04, 2020 following the FDA Approval of ORLADEYO™ (berotralstat), First Oral, Once-daily Therapy to prevent attacks in Hereditary Angioedema patients. The stock had jumped over 1.88% to $5.14 in the last trading session.
    Borr Drilling Limited (BORR) is up more than 6.86% at $0.854 in pre-market hours Friday December 04, 2020. The stock had dropped over -1.78% to $0.80 in the last trading session.
    Before the trading started on December 04, 2020, Blink Charging Co. (BLNK) is up 4.14% to reach $23.64 after declaring an agreement with JSC Management Group, a large Burger King franchisee, to deploy numerous EV charging stations at key Burger King locations across the Northeast. It has been trading in a 52-week range of $1.25 to $34.67.
    Banco Santander S.A. (SAN) grew over 3.74% at $3.33 in pre-market trading today.
    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 2.98% at $8.3 at the time of writing. Company’s 52-week ranged between $2.17 to $17.45.
    InVivo Therapeutics Holdings Corp. (NVIV) lost over -4.67% at $0.6101 in pre-market trading Friday December 04, 2020.
    Aehr Test Systems (AEHR), a Semiconductor Equipment & Materials company, dropped about -8.74% at $1.88 in pre-market trading Friday after receiving $4.3 million order for initial FOX-XP™ test cell for production test of mobile sensor devices.
    ICICI Bank Limited (IBN) grew over 4.48% at $13.75 in pre-market trading today.
    NanoVibronix Inc. (NAOV) stock moved down -7.96 percent to $1.04 in the pre-market trading following the announcement of $6.0 million private placement.
    DocuSign Inc. (DOCU), a Software – Application company, rose about 4.43% at $241.25 in pre-market trading Friday.
    Dada Nexus Limited (DADA) is up more than 4.4% at $47.2 in pre-market hours Friday December 04, 2020 after reporting that Dada Now has partnered with dozens of cake chain brands across China, doubling the number of cooperating stores year-over-year as of November 2020. The stock had dropped over -15.65% to $45.21 in the last trading session.
    Salarius Pharmaceuticals Inc. (SLRX) stock moved up 1.85 percent to $1.1 in the pre-market trading.
    Auris Medical Holding Ltd. (NASDAQ: EARS) shares are trading down -3.23% at $3.3 at the time of writing after it pricing $8,000,000 common shares offering priced at-the-market. Company’s 52-week ranged between $0.65 to $6.60. Analysts have a consensus price target of $2.50.
    Acasti Pharma Inc. (ACST) lost over -2.94% at $0.33 in pre-market trading Friday December 04, 2020.
    Micro Focus International plc (MFGP) is up more than 6.3% at $6.07 in pre-market hours Friday December 04, 2020. The firm recently declared the findings of its ‘Endless Modernization’ research with Standish Group. The stock had jumped over 14.66% to $5.71 in the last trading session.
    BP p.l.c. (BP), a Oil & Gas Integrated company, rose about 4.54% at $22.33 in pre-market trading Friday.
    Tantech Holdings Ltd (NASDAQ: TANH) shares are trading up 4.27% at $1.71 at the time of writing after announcing the launch by its subsidiary, Shangchi Automobile Co., Ltd. (“Shangchi Automobile”), of its newest highly innovative driverless and autonomous street sweeper. Company’s 52-week ranged between $0.81 to $3.65.
    Trine Acquisition Corp. (TRNE) gained over 7.05% at $15.49 in pre-market trading Friday December 04, 2020.
    Enlivex Therapeutics Ltd. (ENLV) grew over 5.26% at $12.0 in pre-market trading today after reporting positive interim results of an investigator-initiated Phase II clinical trial evaluating AllocetraTM in severe and critical COVID-19 patients.

  • 49 Stocks Making Sharp Moves in Pre Market Session

    49 Stocks Making Sharp Moves in Pre Market Session

    BlackBerry Limited (BB) stock soared 21.29% to $8.49 in the pre-market trading following the announcement of its multi-year, global agreement with Amazon Web Services, Inc. (AWS). The most recent rating by TD Securities, on April 01, 2020, is a Hold.
    Gores Metropoulos Inc. (GMHI), a Shell Companies company, dropped about -3.71% at $16.37 in pre-market trading Wednesday.
    Carnival Corporation & Plc (NYSE: CCL) shares are trading up 2.48% at $20.65 at the time of writing. The firm recently reported Peter C. Anderson as a Section 16 Named Executive Officer. Company’s 52-week ranged between $7.80 to $51.94. Analysts have a consensus price target of $31.
    Guardion Health Sciences Inc. (GHSI) is up more than 2.11% at $0.3 in pre-market hours Wednesday December 02, 2020. The stock had jumped over 11.71% to $0.29 in the last trading session.
    Advaxis Inc. (ADXS) grew over 0.85% at $0.32 in pre-market trading today. The healthcare company recently announced closing of $9.2 million public offering.
    Before the trading started on December 02, 2020, RiceBran Technologies (RIBT) is down -5.56% to reach $0.68. It has been trading in a 52-week range of $0.37 to $2.43.
    Sundial Growers Inc. (SNDL) stock moved up 5.75 percent to $0.69 in the pre-market trading and the company recently announced elimination of senior secured second lien convertible notes.
    Kaixin Auto Holdings (KXIN) is up more than 4.55% at $7.35 in pre-market hours Wednesday December 02, 2020. The stock had jumped over 8.32% to $7.03 in the last trading session.
    Moleculin Biotech Inc. (MBRX) lost over -7.83% at $0.9125 in pre-market trading Wednesday December 02, 2020 after declaring that the US Food and Drug Administration (FDA) has approved its request for a “Rare Pediatric Disease” designation for its drug candidate WP1066.
    Jaguar Health Inc. (JAGX) stock plunged -5.83% to $0.4313 in the pre-market trading. The most recent rating by Rodman & Renshaw, on July 11, 2017, is a Buy.
    Auris Medical Holding Ltd. (EARS) stock plunged -17.97% to $4.29 in the pre-market trading after reporting positive efficacy data from testing AM-301 in vitro. The most recent rating by Euro Pacific Capital, on October 08, 2018, is a Buy.
    Before the trading started on December 02, 2020, Sunworks Inc. (SUNW) is up 9.88% to reach $4.67. It has been trading in a 52-week range of $0.29 to $8.50.
    China Automotive Systems Inc. (NASDAQ: CAAS) shares are trading down -4.95% at $8.25 at the time of writing after the firm declared that its shipped approximately 120,000 units from its portfolio of electric power steering products for use in Chinese electric vehicles during 2020. Company’s 52-week ranged between $1.42 to $10.50.
    Tilray Inc. (NASDAQ: TLRY) shares are trading up 1.61% at $8.2 at the time of writing. Company’s 52-week ranged between $2.43 to $22.95. Analysts have a consensus price target of $4.77.
    Ocugen Inc. (OCGN) lost over -8.87% at $0.3101 in pre-market trading Wednesday December 02, 2020. The company recently reported that leading independent proxy firms ISS and Glass Lewis recommended Ocugen stockholders vote “FOR” reverse stock split and authorized shares amendment proposals.
    AMC Entertainment Holdings Inc. (AMC) is up more than 2.41% at $4.25 in pre-market hours Wednesday December 02, 2020. The stock had dropped over -2.81% to $4.15 in the last trading session.
    Before the trading started on December 02, 2020, JetBlue Airways Corporation (JBLU) is down -4.67% to reach $14.7 following the declaration of its pricing of common stock offering. It has been trading in a 52-week range of $6.61 to $21.65.
    Before the trading started on December 02, 2020, Uxin Limited (UXIN) is down -3.65% to reach $1.32. It has been trading in a 52-week range of $0.72 to $3.10.
    Li Auto Inc. (NASDAQ: LI) shares are trading up 1.78% at $35.48 at the time of writing after announcing that the Company delivered 4,646 Li ONEs in November 2020. Company’s 52-week ranged between $14.31 to $47.70. Analysts have a consensus price target of $45.60.
    Aurora Cannabis Inc. (ACB) stock soared 3.59% to $10.1 in the pre-market trading. The most recent rating by Jefferies, on November 16, 2020, is an Underperform.
    Tantech Holdings Ltd (TANH), a Household & Personal Products company, dropped about -3.24% at $1.79 in pre-market trading Wednesday after reporting the launch by its subsidiary, Shangchi Automobile Co., Ltd., of its newest highly innovative driverless and autonomous street sweeper.
    Corbus Pharmaceuticals Holdings Inc. (NASDAQ: CRBP) shares are trading down -5.52% at $1.37 at the time of writing. Company’s 52-week ranged between $0.91 to $9.78. Analysts have a consensus price target of $3.
    iBio Inc. (IBIO) is up more than 19.31% at $1.73 in pre-market hours Wednesday December 02, 2020 after revealing that it has entered into its first Statement of Work (“SoW”) under a Master Services Agreement with ATB Therapeutics to produce its bioengineered antibody-toxin fusion proteins using iBio’s FastPharming® System. The stock had dropped over -2.68% to $1.45 in the last trading session.
    Norwegian Cruise Line Holdings Ltd. (NYSE: NCLH) shares are trading up 2.09% at $23.42 at the time of writing. Company’s 52-week ranged between $7.03 to $59.78. Analysts have a consensus price target of $26.
    Moderna Inc. (MRNA) stock soared 6.09% to $149.6 in the pre-market trading. The biotechnology firm reported recently, that the primary efficacy analysis of the Phase 3 study of mRNA-1273 conducted on 196 cases confirms the high efficacy observed at the first interim analysis. The most recent rating by Wells Fargo, on November 23, 2020, is an Equal weight.
    Switchback Energy Acquisition Corporation (SBE) is down more than -4.16% at $28.13 in pre-market hours Wednesday December 02, 2020. The stock had dropped over -12.67% to $29.35 in the last trading session.
    Novavax Inc. (NVAX) grew over 4.84% at $129.44 in pre-market trading today after declaring COVID-19 vaccine clinical development progress.
    Before the trading started on December 02, 2020, Eastman Kodak Company (KODK) is up 3.88% to reach $7.5. It has been trading in a 52-week range of $1.50 to $60.00.
    ReneSola Ltd (SOL), a Solar company, dropped about -11.66% at $6.97 in pre-market trading Wednesday after releasing its third quarter 2020 financial results.
    Acasti Pharma Inc. (ACST) stock plunged -9.56% to $0.3301 in the pre-market trading. The most recent rating by Oppenheimer, on September 01, 2020, is a Perform.
    Pfizer Inc. (PFE) stock moved up 3.73 percent to $40.88 in the pre-market trading after the firm and BioNTech SE reporting that the Medicines & Healthcare Products Regulatory Agency (MHRA) in the U.K. has granted a temporary authorization for emergency use for their COVID-19 mRNA vaccine (BNT162b2), against COVID-19.
    Gevo Inc. (NASDAQ: GEVO) shares are trading down -3.17% at $1.83 at the time of writing. Company’s 52-week ranged between $0.46 to $2.91.
    Fisker Inc. (FSR) is down more than -3.41% at $17.55 in pre-market hours Wednesday December 02, 2020. The company recently reported that that Henrik Fisker, chairman and chief executive officer of Fisker, will participate in the Credit Suisse Eighth Annual Virtual Industrials Conference. The stock had dropped over -6.24% to $18.17 in the last trading session.
    Nxt-ID Inc. (NXTD) grew over 43.17% at $0.587 in pre-market trading today.
    Before the trading started on December 02, 2020, Bloom Energy Corporation (BE) is down -6.58% to reach $23.0 and the company will host virtual analyst day on December 16, 2020. It has been trading in a 52-week range of $3.00 to $28.24.
    Ocean Power Technologies Inc. (OPTT), a Electrical Equipment & Parts company, dropped about -3.54% at $2.45 in pre-market trading Wednesday.
    Nikola Corporation (NKLA) stock soared 4.38% to $18.13 in the pre-market trading after signing MOU with General Motors. The most recent rating by Loop Capital, on November 20, 2020, is a Buy.
    Vaxart Inc. (VXRT) gained over 3.92% at $7.95 in pre-market trading Wednesday December 02, 2020.
    salesforce.com inc. (CRM) lost over -4.16% at $231.3 in pre-market trading Wednesday December 02, 2020 after introducing service cloud workforce engagement to help contact centers thrive in an all-digital, work-from-anywhere world.
    InVivo Therapeutics Holdings Corp. (NVIV), a Biotechnology company, rose about 2.42% at $0.635 in pre-market trading Wednesday.
    FuelCell Energy Inc. (FCEL) stock plunged -20.11% to $7.23 in the pre-market trading following the publication pricing of its underwritten public offering of 34,518,539 shares of its common stock, at a public offering price of $6.50 per share. The most recent rating by JP Morgan, on November 19, 2020, is a Neutral.
    Pershing Square Tontine Holdings Ltd. (PSTH), a Shell Companies company, rose about 2.34% at $26.25 in pre-market trading Wednesday.
    Virgin Galactic Holdings Inc. (NYSE: SPCE) shares are trading up 4.37% at $29.59 at the time of writing after reporting its new flight window since it paused the spaceflight preparations in response to state guidelines from the New Mexico Department of Health to reduce the spread of COVID-19. Company’s 52-week ranged between $7.14 to $42.49. Analysts have a consensus price target of $19.
    Second Sight Medical Products Inc. (EYES) stock moved down -8.0 percent to $1.38 in the pre-market trading.
    BioNTech SE (BNTX) grew over 7.36% at $122.4 in pre-market trading today after declaring that it will hold a press conference including a video webcast on Wednesday, December 2, 2020, to provide an update on the status of the COVID-19 vaccine development program of its lead vaccine candidate BNT162b2.
    Sogou Inc. (SOGO), a Internet Content & Information company, rose about 3.09% at $8.68 in pre-market trading Wednesday.
    Tellurian Inc. (TELL) is down more than -4.29% at $1.56 in pre-market hours Wednesday December 02, 2020 and the firm recently declared the appointment veteran CEO and adds industry experts to board of directors. The stock had jumped over 9.40% to $1.63 in the last trading session.
    Arlo Technologies Inc. (ARLO) lost over -3.48% at $6.66 in pre-market trading Wednesday December 02, 2020.
    Before the trading started on December 02, 2020, ZoomInfo Technologies Inc. (ZI) is down -3.57% to reach $46.22 as the firm announced pricing of secondary offering of shares of class a common stock. It has been trading in a 52-week range of $30.83 to $64.40.

  • 23 stocks making the biggest moves in the premarket today

    23 stocks making the biggest moves in the premarket today

    DPW Holdings Inc. (DPW) stock soared 2.5% to $7.37 in the pre-market trading after the company revealed that its power electronics business, Coolisys Technologies Corp., has established a program targeting both national and regional fast-food franchises to install the ACECool™ electric vehicle (“EV”) chargers as a part of a revenue sharing program.

    Naked Brand Group Limited (NASDAQ: NAKD) shares are trading up 9.19% at $0.2008 at the time of writing. Company’s 52-week ranged between $0.07 to $4.00.

    Ideanomics Inc. (IDEX) grew over 15.27% at $3.02 in pre-market trading today. The firm reported that it has increased its stake in California-based Solectrac, Inc. through a follow-on investment of an additional $1.3 million.

    Sundial Growers Inc. (SNDL), a Drug Manufacturers – Specialty & Generic company, rose about 72.38% at $0.4151 in pre-market trading Tuesday. The company recently publicized that it will participate in Cowen’s 2020 Boston Cannabis Conference, to be held virtually between November 30 and December 2, 2020.

    Li Auto Inc. (NASDAQ: LI) shares are trading up 6.99% at $46.69 at the time of writing. Company’s 52-week ranged between $14.31 to $40.81. Analysts have a consensus price target of $45.60.

    Tantech Holdings Ltd (TANH) grew over 23.36% at $2.64 in pre-market trading today following the firm declared that it has entered into a securities purchase agreement with institutional investors to purchase approximately $10 million of its common shares and registered warrants to purchase common shares in a registered direct offering as well as unregistered warrants to purchase common shares in a concurrent private placement.

    Marathon Patent Group Inc. (MARA), a Capital Markets company, rose about 16.26% at $5.72 in pre-market trading Tuesday.

    Ayro Inc. (AYRO) lost over -5.75% at $9.99 in pre-market trading Tuesday November 24, 2020 after the firm revealed that it has entered into definitive agreements with Carnegie Hudson Resources, an investment arm of Wanxiang America, and several existing institutional investors.

    Carnival Corporation & Plc (CCL) is up more than 6.49% at $19.36 in pre-market hours Tuesday November 24, 2020 after the recent declaration that the company has closed its previously announced registered direct offering of 10.4 million shares of its common stock at a price of $17.59 per share to a holder of its 5.75% Convertible Senior Notes due 2023.  The stock had jumped over 4.66% to $18.18 in the last trading session.

    Before the trading started on November 24, 2020, Occidental Petroleum Corporation (OXY) is up 7.42% to reach $16.93. It has been trading in a 52-week range of $8.52 to $47.58.

    Fuel Tech Inc. (FTEK) stock soared 57.45% to $4.44 in the pre-market trading. The most recent rating by H.C. Wainwright, on March 13, 2020, is a Neutral.

    Kandi Technologies Group Inc. (NASDAQ: KNDI) shares are trading up 8.17% at $16.15 at the time of writing as the firm publicized that it closed the registered direct offering of 8,849,560 units (the “Units”) of its securities at a purchase price per Unit of $11.30 on November 23, 2020, as previously announced on November 20, 2020. Company’s 52-week ranged between $2.17 to $17.40.

    Tilray Inc. (TLRY) grew over 19.31% at $7.97 in pre-market trading today after company’s publication that it has entered into a privately negotiated exchange agreement with a certain holder of its 5.00% Convertible Senior Notes due 2023.

    Barrick Gold Corporation (GOLD), a Gold company, dropped about -2.67% at $22.62 in pre-market trading Tuesday after Loncor Resources provided an update on its exploration activities within the Ngayu greenstone belt, where the Company has a joint venture with Barrick Gold (DRC) Limited as well as its own majority-owned projects.

    Switchback Energy Acquisition Corporation (SBE) grew over 20.04% at $40.91 in pre-market trading today.

    iBio Inc. (IBIO), a Biotechnology company, dropped about -3.4% at $1.42 in pre-market trading Tuesday. The healthcare company recently reported that the United States Patent and Trademark Office has issued U.S. Patent No. 10,844,392, entitled “Materials and Methods for Producing Endostatin Fusion Polypeptides in Plant Cells,” which, amongst other claims, covers a novel expression cassette that enhances the yield of endostatin fragments and variants using iBio’s FastPharming® System.

    Ferroglobe PLC (GSM) stock moved down -13.67 percent to $1.2 in the pre-market trading after the firm declared results for the third quarter of 2020.

    Longview Acquisition Corp. (LGVW) stock soared 24.26% to $16.9 in the pre-market trading.

    Ocean Power Technologies Inc. (NASDAQ: OPTT) shares are trading up 43.32% at $3.11 at the time of writing after the firm proclaimed that Jorge Franco has joined the Company as Regional Sales Representative based in Spain. Reporting to OPT Vice President, Global Sales Jeff Wiener, Mr. Franco will concentrate on opportunities in Southern Europe. Company’s 52-week ranged between $0.33 to $3.72.

    Kosmos Energy Ltd. (KOS) grew over 8.95% at $2.07 in pre-market trading today.

    Before the trading started on November 24, 2020, Ballard Power Systems Inc. (BLDP) is down -3.75% to reach $20.77 following announcement of US$250 million bought deal offering of common shares by the company. It has been trading in a 52-week range of $5.50 to $21.61.

    Bloom Energy Corporation (BE) stock soared 8.61% to $23.98 in the pre-market trading. The most recent rating by Raymond James, on February 20, 2020, is a Mkt perform.

    Energous Corporation (WATT) stock soared 9.13% to $2.51 in the pre-market trading. The most recent rating by Ladenburg Thalmann, on May 01, 2019, is a Buy.

    Canaan Inc. (NASDAQ: CAN) shares are trading up 7.31% at $5.43 at the time of writing. The technology company recently told that it will release its third-quarter 2020 financial results before the market opens on Monday, November 30, 2020. The company’s 52-week ranged between $1.76 to $13.00.