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.
Tag: Marvell Technology Group Ltd.
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What changed for these 49 stocks in Pre Market Session
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Why Inphi Corporation (NASDAQ: IPHI) Stock Soaring Today?
Inphi Corporation (NASDAQ: IPHI) shares traded up 18.78% during the trading session of Thursday after the company shared its financial results for the third quarter ended September 30, 2020. Its third-quarter revenue jumped $180.7 million as compared to the $94.2 million revenue in the third quarter of 2019. Inphi has recorded an increase of 91.8% year-over-year.
The record jump in revenue was because of the increasing demands for Cloud and Telecommunication Products and the addition of eSilicon revenues. Semiconductors company has reported the Gross Margin under GAAP of 56.2% as compared to the 57.8% in the 2019 Q3. This decrease is because of the amortization of intangibles related to the eSilicon acquisition and product and revenue mix.
Furthermore, its GAAP operating income in the third quarter was $6.2 million as compared to the $10.9 million of revenue in 2019. Its GAAP net loss was $3.4 million per diluted common share as compared to the $16.2 million per diluted common share in the third quarter of 2019.
Inphi Corporation (NASDAQ: IPHI) shares were trading up 18.78% at $131.81 at the time of writing on Thursday. Inphi Corporation (IPHI) share price went from a low point around $55.72 to briefly over $142.00 in the past 52 weeks. It has a trading volume of 2.34 million as compared to the average volume of 939.90K. IPHI market cap has remained high, hitting $5.72 billion at the time of writing.
Furthermore, Marvell Technology has announced on Thursday that it has decided to buy a rival semiconductor company Inphi for $10 billion in all stock-and-cash deal. This is the second-largest deal of this week between Marvell and Inphi. Earlier this week, Advanced Micro Devices has acquired Xilinx for $35 billion. Marvell has decided to pay $66 a share in cash and 2.323 shares of stock for each share of Inphi. The deal values Inphi at roughly $157.83 a share.
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7 Trending Stocks In Semiconductors Industry You Should Keep Your Eyes On
The global semiconductor industry has shown positive growth in the past few decades due to the increased demands of cutting-edge electronic devices such as wireless communication products, laptops, desktops, etc. This industry is going well and will continue to do so in the future due to the emergence of new technological advancements. The semiconductors industry has a diverse customer base and as a supplier, this industry has more bargaining power.
The semiconductors industry is enjoying huge profits due to the increasing demands of its products. It is found that the next-generation 5G technology is projected to impact semiconductors vendors. So it is necessary for this industry to focus on this technology. Another technology that will affect the industry is Artificial Intelligence. Check out the 7 leading companies in the semiconductor industry to see whether they are following these technologies or not:
Intel Corporation (NASDAQ: INTC)
Intel Corporation (NASDAQ: INTC) shares were trading up 0.75% at $53.90 at the time of writing on Thursday. Intel Corporation (NASDAQ: INTC) share price went from a low point around $43.63 to briefly over $69.29 in the past 52 weeks, though shares have since pulled back to $53.90. INTC market cap has remained high, hitting $227.92B at the time of writing, giving it a price-to-sales ratio of more than 2.
Intel Corporation (INTC) has launched new securities technologies to help secure sensitive workload. If we look at the recent analyst rating INTC, Standpoint Research upgraded coverage on INTC shares with a Buy rating and a $56.59 price target, which implies room for 2.69% upside momentum this year.
Advanced Micro Devices Inc. (NASDAQ: AMD)
Advanced Micro Devices Inc. (NASDAQ: AMD) last closed at $79.42, in a 52-week range of $30.83 to $94.28. Analysts have a consensus price target of $80.79. Advanced Micro Devices Inc. (AMD) has announced earlier that t has decided to share third quarter 2020 financial results on October 27, 2020. Advanced Micro Devices Inc. (AMD) market cap has remained high, hitting $93.20 Billion at the time of writing.
Micron Technology Inc. (NASDAQ: MU)
Micron Technology Inc. (NASDAQ: MU) stock soar by 2.01% to $54.38. The most recent rating by Deutsche Bank, on October 13, 2020, is at a Buy. Micron Technology Inc. (MU) has announced earlier that it has launched uMCP5, the industry-first universal flash storage multichip package with low power DDR5.
NVIDIA Corporation (NASDAQ: NVDA)
NVIDIA Corporation (NASDAQ: NVDA) shares headed falling, lower as much as -1.21%. The most recent rating by New Street, on October 09, 2020, is at a Sell. NVIDIA Corporation (NVDA) has revealed that its AI computing platform has shown strong performance in the latest round of MLPerf. NVIDIA Corporation’s market cap has remained high, hitting $333.53 Billion at the time of writing.
Marvell Technology Group Ltd. (NASDAQ: MRVL)
Marvell Technology Group Ltd. (NASDAQ: MRVL) rose 1.58% after gaining more than $0.64 on Thursday. Marvell Technology Group Ltd. (MRVL) has earlier launched the automotive gigabit Ethernet PHY solution.
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM)
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) last closed at $88.21, in a 52-week range of $42.70 to $91.27. Analysts have a consensus price target of $77.27. Taiwan Semiconductor Manufacturing Company Limited (TSM) has moved up 106.58% from its 52-weeks low and moved down -3.35% from its 52-weeks high.
United Microelectronics Corporation (NYSE: UMC)
United Microelectronics Corporation (NYSE: UMC) stock soar by 8.75% to $5.84. The most recent rating by Credit Suisse, on October 12, 2020, is at an Outperform. United Microelectronics Corporation (UMC) share has fluctuated between the 52-weeks low range of $2.10 and a high range of $5.91. It has a total market capitalization of $15.28 billion at the time of writing.
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15 Trending Stocks In Semiconductors Industry To Watch And Buy In 2020
The semi-conductors industry has maintained its position by bringing new technologies essential for future growth. Semi-conductors have become important to the operation of everything from the economy to national security. In 2020, the semi-conductors industry has experienced an increase in growth by 3.3%. Semiconductors spark the engine of technological advancement.
The significance of this industry is so great that most advanced nations aimed to be competitive in at least some aspect of this critical industry. This industry is bringing new technologies and innovation as time passes by. Advanced semi-conductors create better products that lead to greater demands in this industry.
Let’s take a quick look at 15 leading companies in the semiconductor industry:
Intel Corporation (NASDAQ: INTC)
Intel Corporation (NASDAQ: INTC) last closed at $50.39, in a 52-week range of $43.63 to $69.29. Analysts have a consensus price target of $56.50. Intel Corporation announced Wednesday that it has released ‘Tiger Lake’ the 11th generation version of its flagship chip for laptops. It has disclosed that its performance is 20% and has a better battery life. This Corporation believed that this new product will help it to achieve its lost market shares. Intel has a total market capitalization of 209.93 billion.
NVIDIA Corporation (NASDAQ: NVDA)
NVIDIA Corporation (NASDAQ: NVDA) stock drop by -9.28% to $520.62. The most recent rating by The Benchmark Company, on September 02, 2020, is at a Buy. NVIDIA Corporation has introduced a new line of gaming cards and detailed more video games. NVIDIA said its GeForce RTX 3090, 3080, and 3070 chips will improve the video game graphics and increased the performance and efficiency. It has also announced its plan to release a new line of graphics cards that are two times faster than the predecessors. Its market capitalization remained high, hitting $308.53 billion.
QUALCOMM Incorporated (NASDAQ: QCOM)
QUALCOMM Incorporated (NASDAQ: QCOM) last closed at $116.43, in a 52-week range of $58.00 to $123.93. Analysts have a consensus price target of $119.26. QUALCOMM has introduced a 5G-ready version of its snapdragon 4 chips that have the ability to run on cheaper phones. It is continuously striving to make 5G accessible to all smartphone users. It has earlier announced that it has launched the Snapdragon 732G Mobile Platform, which is an upgrade to the Snapdragon 730G. QUALCOMM Incorporated total market capitalization remained high, hitting 128.49 billion.
Marvell Technology Group Ltd. (MRVL)
Marvell Technology Group Ltd. (MRVL) stock drop by -6.96% to $38.32. The most recent rating by Cowen, on August 28, 2020, is at a Market perform. Marvell Technology has earlier disclosed that it has joined the Open RAN policy Coalition. The coalition consists of leading operators and equipment providers, leading policymakers. The purpose behind this coalition is to promote policies that advance the adoption of open and interoperable solutions in the RAN market. It has traded up 132.95% from its 52-weeks low and traded down -7.31% from its 52-weeks high.
Texas Instruments Incorporated (NASDAQ: TXN)
Texas Instruments Incorporated (NASDAQ: TXN) last closed at $141.67, in a 52-week range of $93.09 to $148.37. Analysts have a consensus price target of $139.68. Texas Instruments Incorporated has launched the industry’s first DC/DC buck-boost converter to combine programmable input current limit and integrated dynamic voltage scaling to extend battery life by at least 50%. It has moved up 52.19% from its 52-weeks low and moved down -4.52% from its 52-weeks high.
Maxim Integrated Products Inc. (NASDAQ: MXIM)
Maxim Integrated Products Inc. (NASDAQ: MXIM) stock drop by -3.05% to $68.55. The most recent rating by Cowen, on April 29, 2020, is at a Market perform. Maxim Integrated Products Inc. (MXIM) has introduced MAX31889 which is a digital temperature sensor that features an unmatched combination of accuracy and power consumption. It has the ability to replace expensive resistance temperature detectors (RTDs) in precise temperature-sensitive applications. It also has the ability to reduce wiring complexity.
Skyworks Solutions Inc. (NASDAQ: SWKS)
Skyworks Solutions Inc. (NASDAQ: SWKS) last closed at $139.91, in a 52-week range of $67.90 to $154.24. Analysts have a consensus price target of $141.20. Skyworks Solutions Inc. (NASDAQ: SWKS) disclosed that it has decided to participate in Fireside Chat at the Citi 2020 Global Technology Conference on Sept. 8, 2020. It has moved up 106.05% from its 52-weeks low and moved down -9.29% from its 52-weeks high.
Broadcom Inc. (NASDAQ: AVGO)
Broadcom Inc. (NASDAQ: AVGO) fall -6.11% after losing more than -$22.92 on Thursday. Broadcom Inc. Announces Third Quarter Fiscal Year 2020 Financial Results and Quarterly Dividends. Apple Inc (AAPL) supplier Broadcom Inc (AVGO) said on Thursday that a ramp-up of annual chip shipments would be later this year and pointed the later release date. Broadcam Inc has total market capitalization is $139.27 billion.
Advanced Micro Devices Inc. (NASDAQ: AMD)
Advanced Micro Devices Inc. (NASDAQ: AMD) shares were trading down -8.51% at $82.54 at the time of writing on Thursday.
Advanced Micro Devices Inc. (NASDAQ: AMD) share price went from a low point around $27.43 to briefly over $94.28 in the past 52 weeks, though shares have since pulled back to $82.54. AMD market cap has remained high, hitting $94.92B at the time of writing, giving it a price-to-sales ratio of more than 10.
If we look at the recent analyst rating AMD, Northland Capital downgraded coverage on AMD shares with a market perform rating and a $76.15 price target, which implies room for -6.39% downside momentum this year.
Micron Technology Inc. (NASDAQ: MU)
Micron Technology Inc. (NASDAQ: MU) Shares headed falling, lower as much as -3.14%. The most recent rating by Cascend Securities, on August 13, 2020, is at a Buy. Its stocks fluctuated between the 52-weeks low range of $31.13 and a high range of $61.19. It has moved up 48.93% from its 52-weeks low and moved down -24.29% from its 52-weeks high. Micron Technology has a total market capitalization of $50.27 billion.
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM)
Taiwan Semiconductor Manufacturing Company Limited (NYSE: TSM) fall -1.20% after losing more than -$0.99 on Thursday. During the 52-weeks of trading, this company’s stock has fluctuated between the low of $41.58 and a high of $84.00. TSM has traded up 95.26% from its 52-weeks low and traded down -3.36% from its 52-weeks high. Focusing on ita liquidity, it has a current ratio of 1.40. TSM’s quick ratio is 1.30.
ON Semiconductor Corporation (NASDAQ: ON)
ON Semiconductor Corporation (NASDAQ: ON) Shares headed falling, lower as much as -4.16%. The most recent rating by Craig Hallum, on August 11, 2020, is at a Buy. ON Semiconductor Corporation (NASDAQ: ON) total market capitalization has remained high, hitting 8.53 billion. Focusing on its liquidity, it has a current ratio of 2.30.
Analog Devices Inc. (NASDAQ: ADI)
Analog Devices Inc. (NASDAQ: ADI) fall -3.87% after losing more than -$4.71 on Thursday. During the past 52-weeks of trading, this company’s stock has oscillated between the low of $79.07 and a high of $127.39. Looking at its profitability, it has a return on assets of 5.20%, return on equity of 9.50%, and return on investment of 9.20%.
STMicroelectronics N.V. (NYSE: STM)
STMicroelectronics N.V. (NYSE: STM) Shares headed falling, lower as much as -8.90%. The most recent rating by Bryan Garnier, on June 29, 2020, is at a Buy. Its market capitalization remained high, hitting 25.98 billion. Looking at its liquidity, it has a current ratio of 2.10.
Inphi Corporation (NYSE: IPHI)
Inphi Corporation (NYSE: IPHI) stock drop by -8.18% to $108.59. The most recent rating by Northland Capital, on August 05, 2020, is at a Market perform. Inphi Corporation (NYSE: IPHI) has a 52-weeks low and high range of $55.72 and $142.00, respectively. Its market capitalization remained high, hitting $5.60 billion at the time of writing.