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Early Morning Vibes: Top 4 Stocks To Buy Right Now

On February 18, American stock indices ended in the red. The S&P 500 index fell 0.44% to 3914 points, the Dow Jones fell 0.38%, the NASDAQ fell 0.72%, losing more than 1.5% during the session. The reason for the correction was the data on the growth in the number of applications for unemployment benefits, as well as the flow of capital into cyclical sectors. Thus, the consumer goods segment traded better than the market, ending the day with a result of + 0.14%. The energy sector corrected by 2.27%.

Company news

Software developer Twilio (TWLO: + 7.7%) posted strong quarterly results, with revenue growth exceeding expectations.

Walmart’s comparable sales (WMT: -6.5%) were better than the consensus, but investors were disappointed by the weak EPS performance and the forecast that the retailer’s capex will increase from $ 10 billion to $ 14 billion this year.

Revenue and EBITDA of lithium supplier Albemarle (ALB: -10.2%) exceeded investor expectations, but the company’s forecasts were not strong enough.

Today, global stock markets are showing mixed dynamics. Investors continue to assess the potential impact of rising bond yields on the stock market. The 10-year Treasury yield climbed to the February 2020 level. From the point of view of corporate finance, in this situation, the discount rate increases, which ultimately reduces the fair value of the shares. At the same time, an increase in the yield of government bonds reflects an improvement in economic prospects, so there is no consensus among the investment community regarding the impact of this factor on the market.

The current consensus on the fiscal stimulus package suggests that it will be approved in mid-March in the amount of about $ 1.5 trillion. Moreover, after the adoption of this package, all attention will be focused on infrastructure government spending, the project of which will be presented next month. Their estimated volume is $ 2 trillion. Rumors regarding this bill are already beginning to influence the market.

The Freedom Finance Sentiment Index climbed to 80 out of 100. The indicator reflects market participants’ hope for a global economic recovery in 2021. Concerns about the negative impact of the coronavirus pandemic are gradually diminishing thanks to the prospect of mass vaccinations.

Technically, the S&P 500 is still in an uptrend, the upper bound of which limits the upside potential of the broad market index. The previous trading session did not change the overall picture too much. In the short term, correction or consolidation is likely, as a bearish divergence is being formed on the RSI indicator.

Today Top Movers

Zynga Inc. (ZNGA) stock soared 1.16% to $12.24 in pre-market trading.‎ ZNGA is a global leader in interactive entertainment Games recently announced Star Wars: Hunters, a competitive arena combat game.

Cuentas Inc. (NASDAQ: CUEN) shares are trading up 46.01% at $5.49 at the time of writing. ‎CUEN is a leading FinTech provider of mobile banking and payment solutions focused on Hispanic and Latino communities. ‎

‎Mmtec Inc. (MTC) grew over 80.31% at $7.05 in pre-market trading today. MTC is a company that develops and deploys platforms that enable financial institutions to engage in securities market transactions and settlements.

‎Citius Pharmaceuticals Inc. (CTXR), a Biotechnology company, rose about 26.92% at $1.98 in pre-market trading Friday after declaring a $76.5 million registered direct offering priced at-the-market under Nasdaq Rules.‎

Top Upgrades & Downgrades

Roth Capital turned bullish on Coeur Mining Inc. (CDE), upgrading the stock to “Buy” and assigning a $10.0 price target, representing a potential upside of 19.19% from Thursday’s close.

Sabre Corporation (SABR) has won the favor of Deutsche Bank’s equity research team. The firm upgraded the shares from Hold to Buy and moved their price target to $17.0, suggesting 33.65% additional upside for the stock.

Everbridge Inc. (EVBG) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $200.0. They changed their rating on EVBG to Overweight from Neutral in a recently issued research note.

Earlier Friday Mizuho reduced its rating on Sunoco LP (SUN) stock to Neutral from Buy and assigned the price target to $33.0. With shares trading at around $30.58, the Wall Street firm thinks Sunoco LP’s stock could add than 7.63%.

Deutsche Bank analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for eHealth Inc. (EHTH) has been changed to Hold from Buy and the new price target is set at $63.0.

Analysts at JP Morgan downgraded The Kraft Heinz Company (KHC)’s stock to Neutral from Overweight Friday.

Latest Insider Activity

Twitter Inc. (TWTR) Chief Legal Officer Gadde Vijaya announced the sale of shares taking place on Feb 16 at $72.03 for some 14,940 shares. The total came to more than $1.08 million.

Inovio Pharmaceuticals Inc. (INO) Director BENITO SIMON X sold on Feb 16 a total of 51,650 shares at $14.68 on average. The insider’s sale generated proceeds of almost $29360.

Hepion Pharmaceuticals Inc. (HEPA) Chief Financial Officer Cavan John T declared the purchase of shares taking place on Feb 18 at $2.00 for some 10,000 shares. The transaction amount was around $20000.

United States Steel Corporation (X) Director Atkinson Tracy A bought on Feb 16 a total 17,177 shares at $17.07 on average. The purchase cost the insider an estimated $25,059.

Important Earnings

Top US earnings releases scheduled for today include MoneyGram International Inc. (NASDAQ: MGI). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.08 per share from revenues of $326.62M in the three-month period.

Analysts expect Deere & Company (NYSE: DE) to report a net income (adjusted) of $2.16 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Jan 2021 is predicted to come in at $7.21B.

Enerplus Corporation (ERF), due to announce earnings before the market opens today, is expected to report earnings of $0.22 per share from revenues of $241.79M recently concluded three-month period.

February 19, 2021
Early Morning Vibes: Top 4 Stocks To Buy Right Now

The session on February 8, American stock markets ended in the green zone. The S&P 500 index rose 0.74% to 3916 points, the Dow Jones rose 0.76% and the NASDAQ surged 0.57%. All three indices renewed their all-time highs. The growing prospects for a major economic support package in the US remain in focus. The energy sector climbed 4.17% on the back of an ongoing rally in oil. Increased risk appetite triggered a 0.78% correction in the defensive utility sector.

Company news

Children’s goods maker Hasbro (HAS: -4.3%) beat expectations, but management noted weak holiday sales.

Palantir (PLTR: + 5.9%) announced a partnership with IBM (IBM: + 1.5%) to develop technology products.

Tesla (TSLA: + 1.3%) invested $ 1.5 billion in bitcoin and announced that it will accept cryptocurrency as payment for electric cars.

Today, global stock markets are showing mixed dynamics. Discussions on the fiscal stimulus package remain in the spotlight. The passage of a bill on public spending in the amount of about $ 1.9 trillion threatens to accelerate inflation. Some experts warn about this, in particular, former Treasury Secretary Larry Summers. Investors in the debt market are reacting to this risk, so the day before, the rate on 30-year Treasuries rose above 2% for the first time in a year. Rising bond rates could put pressure on the attractiveness of the stock market, primarily on growth stocks, of which tech companies are prime examples.

The epidemiological situation in the United States continues to improve rapidly, despite the circulation of new strains of coronavirus. The number of hospitalized people dropped to 80 thousand, more than 10% of Americans have already received the first dose of the vaccine. However, the risk of another jump in the incidence remains, so the CDC is not yet recommending state authorities to remove the antiquated restrictions.

Technical picture

Technically, the S&P 500 is still in a medium-term uptrend. The session ended the day before at the upper trend line, which is still a significant obstacle. The S & P500 index recorded growth for the sixth session in a row, so short-term consolidation is likely.

Today Top Movers

Iterum Therapeutics PLC (ITRM) stock ascended 61.69% at $2.04 in the pre-market trading today.‎‎ Ra Capital Management reportedly disclosed ownership of 13,730,376 shares of Iterum Therapeutics plc by filing a 13G form with the Securities and Exchange Commission.

‎Assertio Therapeutics Inc (ASRT) gained over 25.24% at $1.29 in pre-market ‎trading on Tuesday.‎‎ Assertio is a leading commercial pharmaceutical company bringing differentiated products to patients. The Company has a robust portfolio of branded prescription products in three areas: neurology, hospital and pain and inflammation.

‎Aurora Mobile Ltd (JG) grew over 13.91% at $6.55 in pre-market trading ‎today following the receipt of the InfoQ 2020 Best Technology Community Award at the Developer Ecosystem Co-creation Program virtual conference, hosted by InfoQ.‎

‎Marathon Patent Group Inc (MARA) stock moved up 16.93 percent to $37.50 in the pre-market ‎trading.‎‎ MARA stock is rallying because of the spike in Bitcoin. Marathon Patent Group bills itself as one of the largest Bitcoin self-mining companies.

Top Upgrades & Downgrades

JP Morgan turned bullish on KKR Real Estate Finance Trust Inc. (KREF), upgrading the stock to “Overweight”.

Twilio Inc. (TWLO) has won the favor of JP Morgan’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $465.0, suggesting a 1.39% additional upside for the stock.

The Community Financial Corporation (TCFC) received an upgrade from analysts at Piper Sandler, who also set their one-year price target on the stock to $34.0. They changed their rating on TCFC to Overweight from Neutral in a recently issued research note.

Earlier Tuesday JP Morgan reduced its rating on Ladder Capital Corp (LADR) stock to Underweight from Neutral and assigned the price target to $10.

Needham analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Cubic Corporation (CUB) has been changed to Hold from Buy.

Latest Insider Activity

Advanced Micro Devices Inc. (AMD) EVP, Computing & Graphics Bergman Rick announced the sale of shares taking place on Feb 04 at $88.29 for some 2,000 shares. The total came to more than $0.18 million.

Facebook Inc. (FB) COB and CEO Zuckerberg Mark sold on Feb 05 a total of 44,750 shares at $267.92 on average. The insider’s sale generated proceeds of almost $11.99 million.

Accuray Incorporated (ARAY) Director WHITTERS JOSEPH E declared the purchase of shares taking place on Feb 01 at $5.02 for some 20,000 shares. The transaction amount was around $0.1 million.

Consolidated Edison Inc. (ED) President & CEO CET Nachmias Stuart bought on Jan 31 a total 1,078 shares at $70.78 on average. The purchase cost the insider an estimated $667.

Important Earnings

Top US earnings releases scheduled for today include Cisco Systems Inc. (NASDAQ: CSCO). It will announce its Jan 2021 financial results. The company is expected to report earnings of $0.76 per share from revenues of $11.92B in the three-month period.

Analysts expect Isoray Inc. (AMEX: ISR) to report a net income (adjusted) of -$0.01 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $2.39M.

Twitter Inc. (TWTR), due to announce earnings after the market closes today, is expected to report earnings of $0.31 per share from revenues of $1.19B recently concluded three-month period.

February 9, 2021
Early Morning Vibes: Watch These 4 Stocks Today

A concern about possible problems with the spread of coronavirus vaccines led to one of the largest one-day losses since October for US stocks on Wednesday. A large volume of short positions was also opened for GameStop and other securities due to sharp fluctuations.

A battle erupted between day traders seeking to invest in GameStop and hedge funds that are actively shorting the company, sending GameStop shares soaring 135%. AMC Entertainment, another target for intraday traders, rose 301%. The shares of both companies in January grew by more than 800%.

The Dow Jones Industrial Average fell 633.87 points, or 2.1%, to 30303.17 points, falling for the fifth session in a row, and the S&P 500 sank 98.85 points, or 2.6%, to 3750. 77 points, while the Nasdaq Composite fell 355.47 points, or 2.6%, to 13.270.60 points. All three indices saw their biggest one-day falls since October 28.

In response to the spread of new strains of Covid-19 around the globe, governments are being forced to vaccinate the population as soon as possible, since any delays could lead to the lifting of lockdowns and other quarantine restrictions

AstraZeneca has announced a sharp decline in vaccine supplies to the European Union due to problems at its European factory. A shortage of vaccines could adversely affect the vaccination process in the UK, as EU authorities begin to push the company to acquire vaccines produced by British factories.

During the same day, President Joe Biden announced he would purchase more vaccine doses that should be enough to supply the vaccine for most US residents.

In the afternoon, investors analyzed the financial results of AT&T, Blackstone, and Boeing. After that, tech giants Apple, Facebook, and Tesla reported on their results.

Today Top Movers

‎Naked Brand Group Ltd (NAKD) stock ascended 67.39% at $2.31 in the pre-market trading today.‎ The company recently declared pricing of $50 million registered direct offering priced at-the-market.‎‎ ‎‎

‎XpresSpa Group Inc (XSPA) grew over 30.13% at $3.11 in pre-market trading ‎today following an announcement from the company that it plans on opening new XpresCheck facilities, offering more opportunities for in-airport COVID-19 testing.‎‎ ‎‎

‎Sundial Growers Inc (SNDL) stock moved up 38.15 percent to $0.83 in the pre-market ‎trading.‎‎‎ ‎‎

‎American Battery Metals Corp (ABML) was up more than 7.11% at $3.64 in the extended-hours session.‎‎

Top Upgrades & Downgrades

RBC Capital turned bullish on PTC Inc. (PTC), upgrading the stock to “Outperform” and assigning a $145.0 price target, representing a potential upside of 20% from Wednesday’s close.

Twitter Inc. (TWTR) has won the favor of KeyBanc’s equity research team. The firm upgraded the shares from Sector Weight to Overweight and moved their price target to $65.0, suggesting 35.08% additional upside for the stock.

Brinker International Inc. (EAT) received an upgrade from analysts at KeyBanc, who also set their one-year price target on the stock to $64.0. They changed their rating on EAT to Overweight from Sector Weight in a recently issued research note.

Earlier Thursday JMP Securities reduced its rating on Tesla Inc. (TSLA) stock to Market Perform from Outperform.

Stifel analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for The Procter & Gamble Company (PG) has been changed to Hold from Buy.

Analysts at Stifel downgraded Colgate-Palmolive Company (CL)’s stock to Hold from Buy Thursday.

Latest Insider Activity

The Walt Disney Company (DIS) SEVP-Chief Financial Officer McCarthy Christine M announced the sale of shares taking place on Jan 25 at $172.00 for some 25,000 shares. The total came to more than $4.3 million.

iRobot Corporation (IRBT) Chief Executive Officer Angle Colin M sold on Jan 25 a total of 302,208 shares at $104.88 on average. The insider’s sale generated proceeds of almost $3.78 million.

Fastenal Company (FAST) Director Ancius Michael J declared the purchase of shares taking place on Jan 25 at $47.50 for some 770 shares. The transaction amount was around $36575.0.

FuelCell Energy Inc. (FCEL) CEO Few Jason bought on Jan 25 a total 22,134 shares at $17.99 on average. The purchase cost the insider an estimated $197,890.

Important Earnings

Top US earnings releases scheduled for today include American Airlines Group Inc. (NASDAQ: AAL). It will announce its Dec 2020 financial results. The company is expected to report earnings of -$4.11 per share from revenues of $3.88B in the three-month period.

Analysts expect Comcast Corporation (NASDAQ: CMCSA) to report a net income (adjusted) of $0.48 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $26.78B.

United States Steel Corporation (X), due to announce earnings after the market closes today, is expected to report earnings of -$0.68 per share from revenues of $2.58B recently concluded three-month period.

January 28, 2021
Early Morning Vibes: Top 4 Stocks To Buy Right Now

The Nasdaq Composite and S&P 500 stocks closed at record highs on Monday amid fluctuations in technology stocks, while investors awaited the release of multiple financial reports.

The Nasdaq rose 92.93 points, or 0.7%, to 13635.99 points at the end of the volatile session. The index jumped 1.4% early in the day, then dropped 1.3% and then recovered. At the same time, there were no clear catalysts for such dynamics of the index.

The S&P 500 added 13.89 points, or 0.4%, to 3855.36 points. The Dow Jones Industrial Average fell 36.98 points, or 0.1%, to 30960.00 points. Investors are worried about disruptions in the supply of Covid-19 vaccines. Pharmaceutical giant Merck has announced that it is ending work on a Covid-19 vaccine due to disappointing test results. Thus, a major participant dropped out of the race to create an effective vaccine. Meanwhile, its competitor, AstraZeneca, warned on Friday that shipments of its vaccine to the European Union would fall short of forecast.

Vaccination problems and the spread of new strains of coronavirus have contributed to the recent rally in technology stocks. Tech corporations should benefit from this situation, as companies and employees who have switched to telecommuting are increasingly using digital technology.

Corporate News

Tech stocks were volatile. Apple shares gained 2.8%. Shares of data scientist Palantir Technologies, which is due to present its software on Tuesday, jumped 11.0% after posting a 21.0% gain throughout the day.

Twitter and Etsy were down 0.5% and 2.2%, respectively, while rallying in early trading. Among the outsiders in the United States were also shares of financial and oil and gas companies. Chevron lost 0.9%, Goldman Sachs – 2.2%, which affected the DJIA.

Meanwhile, shares of Kimberly Clark, a maker of Kleenex wipes and Huggies diapers, rose 3.3% after it forecast net sales to rise in 2021. It also raised its quarterly dividend and announced a new $ 5 billion share buyback program. Shares of special-purpose M&A firm TS Innovation Acquisitions, part of the Tishman Speyer real estate group, jumped 44.0%.
The yield on the 10-year US Treasury bond fell from 1.090% on Friday to 1.038%.

Today Top Movers

Adamas Pharma (ADMS), a drug manufacturer company, soared about 15.35% ‎at $5.86 in pre-market ‎trading Tuesday. The FDA decision on the expanded use of Adamas Pharma’s lead drug GOCOVRI is expected on February 1, 2021.‎

‎Arcimoto Inc (FUV) share price jumped 2.29% to $21.85 during the early morning ‎trading session on ‎Tuesday after the company revealed that it has reached an agreement to acquire Tilting Motor Works.

‎US Well Services Inc (USWS) stock ascended 13.08% at $1.10 in the pre-market trading today after receiving notice from the Nasdaq stock market that it has regained compliance with Nasdaq Listing Rule 5550(b)(2).

‎Phunware Inc (PHUN) gained over 21.37% at $1.76 in pre-market ‎trading as Today Phunware COO Randall Crowder will be presenting at the Proactive Investors One2One Investor Forum about the company’s 2021 roadmap for the commercial launch of its blockchain-enabled customer data platform and mobile loyalty ecosystem.

Top Upgrades & Downgrades

Goldman Sachs turned bullish on DraftKings Inc. (DKNG), upgrading the stock to “Buy” and assigning a $65.0 price target, representing a potential upside of 26.73% from Monday’s close.

FVCBankcorp Inc. (FVCB) has won the favor of Piper Sandler’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $19.0, suggesting 20.03% additional upside for the stock.

Colgate-Palmolive Company (CL) received an upgrade from analysts at Berenberg, who also set their one-year price target on the stock to $76.0. They changed their rating on CL to Hold from Sell in a recently issued research note.

Earlier Tuesday BMO Capital reduced its rating on Sonoco Products Company (SON) stock to Market Perform from Outperform and assigned the price target to $65.

RBC Capital analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for BlackBerry Limited (BB) has been changed to Underperform from Sector Perform.

Analysts at Goldman Sachs downgraded Delek US Holdings Inc. (DK)’s stock to Sell from Neutral Tuesday.

Latest Insider Activity

Facebook Inc. (FB) COB and CEO Zuckerberg Mark announced the sale of shares taking place on Jan 22 at $275.79 for some 55,869 shares. The total came to more than $15.41 million.

Twitter Inc. (TWTR) Engineering Lead Montano Michael sold on Jan 20 a total 664,770 shares at $46.23 on average. The insider’s sale generated proceeds of almost $0.1 million.

The Blackstone Group Inc. (BX) 10% Owner Blackstone BDC Holdings LLC declared the purchase of shares taking place on Jan 07 at $25.00 for some 997,940 shares. The transaction amount was around $24.95 million.

Arcadia Biosciences Inc. (RKDA) Chief Executive Officer Plavan Matthew T bought on Aug 03 a total of 14,285 shares at $3.16 on average. The purchase cost the insider an estimated $1,849.

Important Earnings

Top US earnings releases scheduled for today include General Electric Company (NYSE: GE). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.09 per share from revenues of $21.83B in the three-month period.

Analysts expect Advanced Micro Devices Inc. (NASDAQ: AMD) to report a net income (adjusted) of $0.47 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.02B.

Microsoft Corporation (MSFT), due to announce earnings after the market closes today, is expected to report earnings of $1.64 per share from revenues of $40.18B recently concluded three-month period.

January 26, 2021
32 Stocks Making Sharp Moves in Pre Market Session

Sundial Growers Inc. (SNDL) stock soared 1.72% to $0.5088 in the pre-market trading after declaring $50 million prepayment on senior secured non-revolving term credit facility. The most recent rating by CIBC, on August 17, 2020, is a Neutral.

FuelCell Energy Inc. (FCEL) is up more than 2.09% at $8.31 in pre-market hours Wednesday December 16, 2020. The stock had jumped over 5.71% to $8.14 in the last trading session.

BioCardia Inc. (NASDAQ: BCDA) shares are trading up 5.22% at $7.05 at the time of writing after reporting that it has entered into definitive agreements with investors for the purchase and sale of 1,789,474 shares of its common stock at a purchase price of $4.75 per share Company’s 52-week ranged between $1.91 to $6.95.

Before the trading started on December 16, 2020, MicroVision Inc. (MVIS) is down -1.9% to reach $4.13. It has been trading in a 52-week range of $0.15 to $3.45.

Apartment Investment and Management Company (AIV) tumbled over -6.75% at $4.7 in pre-market trading today following completion of separation of Apartment Income REIT Corp.

Before the trading started on December 16, 2020, GeoVax Labs Inc. (GOVX) is down -7.86% to reach $3.4. It has been trading in a 52-week range of $2.30 to $60.00.

Anchiano Therapeutics Ltd. (ANCN), a Biotechnology company, dropped about -7.99% at $2.65 in pre-market trading Wednesday after the company and and Chemomab Ltd. declared their entry into a definitive merger agreement.

BEST Inc. (NYSE: BEST) shares are trading up 3.29% at $2.2 at the time of writing. Company’s 52-week ranged between $2.36 to $6.54. Analysts have a consensus price target of $3.50.

Veru Inc. (VERU) stock moved down -7.5 percent to $8.63 in the pre-market trading. The company lately reported positive Phase 2 clinical trial results for Enobosarm.

Northern Dynasty Minerals Ltd. (NAK) is up more than 3.67% at $0.325 in pre-market hours Wednesday December 16, 2020. The stock had dropped over -4.74% to $0.31 in the last trading session.

Moderna Inc. (MRNA) stock plunged -3.33% to $142.32 in the pre-market trading. The company recently confirmed supply agreement with the Ministry of Health to supply Singapore with mRNA vaccine against COVID-19 (mRNA-1273). The most recent rating by Needham, on December 09, 2020, is a Hold.

Before the trading started on December 16, 2020, Teligent Inc. (TLGT) is up 2.2% to reach $0.93. It has been trading in a 52-week range of $0.46 to $6.46.

HEXO Corp. (HEXO), a Drug Manufacturers – Specialty & Generic company, rose about 2.75% at $1.12 in pre-market trading Wednesday. The firm recently revealed it first quarter fiscal 2021 financial results.

Gevo Inc. (NASDAQ: GEVO) shares are trading up 4.74% at $1.99 at the time of writing. Company’s 52-week ranged between $0.46 to $2.91.

Timber Pharmaceuticals Inc. (TMBR) stock moved down -0.97 percent to $1.02 in the pre-market trading after receiving notice of allowance from U.S. Patent and Trademark Office for Lead Asset TMB-001.

Baidu Inc. (BIDU) is up more than 4.33% at $193.53 in pre-market hours Wednesday December 16, 2020. The stock had jumped over 13.83% to $185.50 in the last trading session.

Aurora Cannabis Inc. (ACB) gained over 1.76% at $10.39 in pre-market trading Wednesday December 16, 2020 after provided a business update.

Velodyne Lidar Inc. (VLDR) stock soared 3.91% to $20.2 in the pre-market trading after declaring a sales agreement for Alpha Prime sensors with May Mobility, a pioneer in autonomous vehicle (AV) technology. The most recent rating by Needham, on December 15, 2020, is a Buy.

Before the trading started on December 16, 2020, Nikola Corporation (NKLA) is up 3.64% to reach $17.08. It has been trading in a 52-week range of $10.29 to $93.99.

PG&E Corporation (NYSE: PCG) shares are trading up 2.87% at $12.55 at the time of writing after paying over $268 million in property taxes to 50 California counties. Company’s 52-week ranged between $6.25 to $18.34. Analysts have a consensus price target of $15.

SELLAS Life Sciences Group Inc. (SLS) tumbled over -3.72% at $6.99 in pre-market trading today. The firm recently reported the pricing of $16.2 million registered direct offering.

Nxt-ID Inc. (NASDAQ: NXTD) shares are trading down -1.66% at $0.4795 at the time of writing. Company’s 52-week ranged between $0.21 to $0.89.

Qualigen Therapeutics Inc. (QLGN), a Biotechnology company, rose about 1.23% at $4.12 in pre-market trading Wednesday following its announcement of issuance of U.S. Patent for expanded applications of ALAN Anticancer Platform Technology.

Concord Medical Services Holdings Limited (CCM) lost over -30.32% at $3.7 in pre-market trading Wednesday December 16, 2020.

Aphria Inc. (APHA) grew over 11.45% at $9.05 in pre-market trading today following its declaration of definitive agreement with Tilray, Inc. (TLRY), to combine their businesses and create the world’s largest global cannabis company.

Before the trading started on December 16, 2020, Hecla Mining Company (HL) is up 5.9% to reach $5.74. It has been trading in a 52-week range of $1.40 to $6.79.

Twitter Inc. (TWTR), a Internet Content & Information company, rose about 3.1% at $54.46 in pre-market trading Wednesday after the declaration from the Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company (AMZN), that Twitter (TWTR) has selected AWS to provide global cloud infrastructure to deliver Twitter timelines.

Torchlight Energy Resources Inc. (TRCH) stock plunged -4.63% to $0.5332 in the pre-market trading. The most recent rating by ROTH Capital, on March 13, 2020, is a Neutral.

Arvinas Inc. (ARVN) is up more than 1.41% at $75.3 in pre-market hours Wednesday December 16, 2020 after reporting the pricing of an underwritten public offering of 5,714,286 shares of its common stock at a price of $70.00 per share, before underwriting discounts and commissions.

Cinedigm Corp. (CIDM) stock plunged -0.54% to $0.84 in the pre-market trading. The most recent rating by The Benchmark Company, on July 07, 2020, is a Speculative buy.

PDL BioPharma Inc. (PDLI) grew over 6.59% at $2.75 in pre-market trading today. The company recently reported that it has entered into a Capital Provision Agreement with Epps Investments LLC.

vTv Therapeutics Inc. (VTVT) is down more than -31.99% at $2.02 in pre-market hours Wednesday December 16, 2020 after revealing that the Phase 2 Elevage study of azeliragon in people with mild Alzheimer’s disease and type 2 diabetes did not meet its primary objective of demonstrating an improvement in cognition as assessed by the 14-item Alzheimer’s Disease Assessment Scale – Cognitive Subscale (ADAS-cog14) relative to placebo.

December 16, 2020
Early Morning Vibes: 3 Upgraded & 4 Pre Market Hot Stocks Inside

On December 10, the American stock indexes finished trading in different directions. The S&P 500 Index dropped 0.13% to 3668 points, the Dow Jones lost 0.23% and the NASDAQ rose 0.54%. Investors could not determine the direction of movement and took a wait and see attitude. Note that small-cap stocks showed more pronounced positive dynamics: the Russel 2000 index rose 1.08%. The industrial sector was an outsider, shedding 0.93%.

Corporate updates

Starbucks (SBUX: 5%) management presented a positive outlook for the company over the next few years.

Snap (SNAP: + 8.1%) and Twitter (TWTR: + 8.4%) have announced a service integration partnership. Tweets can be shared on the Snapchat platform.

Adobe’s quarterly results (ADBE: -1.4%) were better than expected, but its stock corrected.

Today, global stock exchanges are showing mostly negative dynamics. The focus of attention is the decision of the FDA expert panel, which recommended approval of the coronavirus vaccine developed by Pfizer and BioNTech. However, no official permission was issued for the use of this drug, although market participants were counting on this. The market now assumes that a positive decision will be made this weekend, and then within 24 hours the first 6.4 million doses will be shipped to different states. Waiting for a vaccine approval within three months was the main driver of market growth.

Lack of further progress in negotiations on the US economic aid package, persisting tensions with China and COVID-19 incidence statistics are factors that reduce risk appetite in the short term. The alarming signal yesterday was the publication of data on applications for unemployment benefits. Their number unexpectedly increased to 853 thousand in a week, while the forecast was 725 thousand. Macro statistics were ignored by the market, however, in our opinion, it serves as a harbinger of a deterioration in the state of the economy in early 2021 due to quarantine restrictions reintroduced by some states.

Economic Update

The University of Michigan Preliminary Expectations and Consumer Sentiment Index for December will be released today. The consensus assumes an increase in the first indicator from 70.5 to 71.0, while the second decreases from 76.9 to 76.5 points. The Expectations Index should be boosted by consumer hopes for mass vaccinations. Before the pandemic, the sentiment index was at the level of 99-100, the pressure on it continues to be the absence of a new package of economic assistance measures and stabilization of the epidemiological situation.

Top Upgrades & Downgrades

Morgan Stanley turned bullish on Diamondback Energy Inc. (FANG), upgrading the stock to “Overweight” and assigning a $65.0 price target.

CommScope Holding Company Inc. (COMM) has won the favor of JP Morgan’s equity research team. The firm upgraded the shares from Neutral to Overweight and moved their price target to $18.0.

Cognizant Technology Solutions Corporation (CTSH) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $93.0. They changed their rating on CTSH to Overweight from Neutral in a recently issued research note.

Earlier Friday JP Morgan reduced its rating on Juniper Networks Inc. (JNPR) stock to Neutral from Overweight and assigned the price target to $25.0.

JP Morgan analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Corning Incorporated (GLW) has been changed to Neutral from Overweight and the new price target is set at $39.0.

Today Top Movers

vTv Therapeutics Inc (VTVT) share price soared 184.47% at $6.23 in today’s pre-market session after the report that in compliance with the terms of the letter arrangement between the Firm and the Investor dated December 23, 2019, the company exercised the right to allow MacAndrews & Forbes Group LLC buy 625,000 shares of the Company’s Class A common stock at a per share price of $1.60.

In trading session of premarket today, BioNTech SE (BNTX) share price went up 0.07% at $29.63 after the company and Pfizer reported the receipt FDA advisory committee vote in supporting potential first emergency use authorization for vaccine to combat COVID-19 in the U.S.

Sonoma Pharmaceuticals Inc (SNOA) showing bullish trend in early morning on Friday, increasing 33.44% of its share price at $8.18 following an announcement of agreement with Crown Laboratories, Inc., to Launch Microcyn technology-based anti-Itch over-the-counter products.

Zedge Inc (ZDGE) is going up 21.48% in premarket session on Friday after reporting first fiscal quarter revenue growth of 85% and record overall quarterly financial results.

Latest Insider Activity

Advanced Micro Devices Inc. (AMD) President & CEO Su Lisa T announced the sale of shares taking place on Dec 08 at $92.89 for some 150,000 shares. The total came to more than $13.93 million.

Twitter Inc. (TWTR) Chief Financial Officer SEGAL NED D. sold on Dec 08 a total 634,970 shares at $47.93 on average. The insider’s sale generated proceeds of almost $0.34 million.

Regulus Therapeutics Inc. (RGLS) 10% Owner Sonsini Peter W. declared the purchase of shares taking place on Dec 04 at $0.62 for some 4,398,602 shares. The transaction amount was around $2.74 million.

Boxlight Corporation (BOXL) CHIEF EXECUTIVE OFFICER Pope Michael Ross bought on Dec 09 a total 287,942 shares at $1.65 on average. The purchase cost the insider an estimated $66,000.

Earnings To Watch

Top US earnings releases scheduled for today include Construction Partners Inc. (NASDAQ:ROAD). It will announce its Sep 2020 financial results. The company is expected to report earnings of $0.3 per share from revenues of $241.5M in the three-month period.

Analysts expect Johnson Outdoors Inc. (NASDAQ:JOUT) to report a net income (adjusted) of $0.8 per share, when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Sep 2020 is predicted to come in at $125.44M.

December 11, 2020
Twitter Inc. (TWTR) halts Thai royalist account related to influence campaign

A Thai pro-royalist account connected to the palace was suspended by Twitter Inc. (TWTR), which was found to be affiliated to thousands of others created in recent weeks, sharing messages in support of King Maha Vajiralongkorn and the monarchy.

It was found tens of thousands of tweets that seemed to be from accounts exacerbating royalist messaging in a bid to fight a month-long political campaign that swelled by questioning the monarchy from criticizing the establishment to violating a long-standing taboo.

Documents of internal military preparation revealed signs of a concerted propaganda operation aimed at disseminating positive information and discrediting critics.

The role of social media in propelling the protest movement has been quoted by demonstrators and royalists, which has been the greatest threat to the monarchy and the government of former junta chief Prayuth Chan-ocha in decades.

Formed in September, until its termination, the @jitarsa school account had more than 48,000 followers.

A Twitter spokesperson said on Sunday, “The account in question was suspended for violating our rules on spam and platform manipulation.” She said the suspension was in accordance with the policy of the organization and not a consequence of the request for comment from Reuters.

The profile of the account said it qualified individuals for the Royal Volunteers scheme, which is run by the Royal Office. The Twitter account is also described as its own by a Facebook page for the Royal Volunteers Academy, which publishes pro-monarchy videos and program news.

More than 80% of the accounts that follow @jitarsa school have also been generated since the beginning of September, according to the reports. A survey of 4,600 of the newly formed accounts revealed that the royalist hashtags were all advertised, an indicator of the sort of behavior that would not be related to normal Twitter Inc. (TWTR) users.

November 30, 2020