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Early Morning Vibes: 4 Top Trending Stocks To Watch Right Now

On March 5, the American stock exchanges closed in the green zone. The S&P 500 rose 1.95% to 3842 points, the Dow Jones added 1.85%, the NASDAQ rose 1.55%. All sectors, led by the energy sector, showed a confident growth, which continues to rally supported by oil prices. After the OPEC + decision to leave the production level unchanged, the energy quotes are moving up. Treasury yields were held near weekly highs. The Fed has confirmed its long-term plans to maintain the current parameters of monetary policy.

Company News

Online real estate marketplace CoStar Group (CSGP: + 5.3%) abandoned the acquisition of CoreLogic (CLGX) due to the impact of rising rates on the prospects for the mortgage refinancing market.

Apparel retailer Gap (GPS: + 7.6%) posted a decline in revenue, but EPS was above forecast. The prospects for the development of the Old Navy and Athleta brands are noted.

Insurance company Guidewire Software (GWRE: -4.8%) did better than expected, but margins are worrisome.

Today, global stock markets are showing mixed dynamics. On Saturday, the Senate passed a $ 1.9 trillion stimulus package. It includes a reduction in weekly unemployment benefits from $ 400 to $ 300, direct payments of $ 1,400 for about 85% of American families, $ 350 billion in state and local government assistance, as well as funding a vaccination campaign and expanding tax credits for children. On March 9, a vote on the package will be held in the House of Representatives, after which the law will be submitted to the President for signature. Market participants are confident that the law will be adopted in the first half of March.

The labor market statistics released on Friday pleasantly surprised investors. The unemployment rate fell to 6.2%, and the leisure and hospitality industry became a driver of new job growth. Against the background of a decrease in the incidence of COVID-19 and active vaccination, some states have eased quarantine restrictions: the mandatory wearing of masks and the observance of social distance in public places have been canceled. This revitalized tourism and recreation, but heightened the risk of the spread of the coronavirus. To date, about 17% of the US population has received the vaccine, and this is not enough to stop the epidemic.

Uncertain appetite for risk. The 10-year Treasury rate hovers around the 1.55% mark. Brent oil futures rise to $ 70. Gold dropped to $ 1698.

Technically, the S&P 500 marked a short-term downtrend, maintaining medium-term positive momentum. The broad market index found support near 3700, below the long-term uptrend. In the medium term, mixed dynamics is expected with the nearest support zone of 3640-3700 points.

Today Top Movers

Net Element Inc. (NASDAQ: NETE) shares are trading up 22.27% at $10.87 at the time of writing. Mullen Technologies, Inc. which previously announced a definitive agreement to merge with Net Element in a stock-for-stock reverse merger in which Mullen’s stock holders will receive a majority of the outstanding stock in the post-merger company, revealed today a strategic partnership with NexTech Batteries Inc. as an EV battery supplier and key partner for battery development and technologies.

Anchiano Therapeutics Ltd. (ANCN) stock soared 109.58% to $7.0 in the pre-market trading.

Adaptive Biotechnologies Corporation (ADPT), a Biotechnology company, rose about 11.3% at $47.0 in pre-market trading Monday. The company recently declared that the U.S. Food and Drug Administration (FDA) issued an Emergency Use Authorization (EUA) for T-Detect™ COVID to confirm recent or prior COVID-19 infection.

XpresSpa Group Inc. (XSPA) grew over 26.54% at $2.05 in pre-market trading today. On March 4, 2002, the XpresSpa Group,Inc. (Nasdaq: XSPA) announced it has signed a contract with the Port of Seattle for a COVID-19 popup testing facility at at Seattle-Tacoma International Airport (SEA).

Top Upgrades & Downgrades

KeyBanc turned bullish on The Trade Desk Inc. (TTD), upgrading the stock to “Overweight” and assigning an $851.0 price target, representing a potential upside of 30.09% from Friday’s close.

IQVIA Holdings Inc. (IQV) 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 $218.0, suggesting a 15.61% additional upside for the stock.

The Coca-Cola Company (KO) received an upgrade from analysts at RBC Capital, who also set their one-year price target on the stock to $60.0. They changed their rating on KO to Outperform from Sector Perform in a recently issued research note.

Earlier Monday KeyBanc reduced its rating on PRA Health Sciences Inc. (PRAH) stock to Sector Weight from Overweight.

KeyBanc analysts reduced their investment ratings, saying in research reports covered by the media that its rating for Entergy Corporation (ETR) has been changed to Sector Weight from Overweight.

Analysts at Goldman Sachs downgraded Viatris Inc. (VTRS)’s stock to Neutral from Buy Monday.

Latest Insider Activity

Freeport-McMoRan Inc. (FCX) Director FORD GERALD J announced the sale of shares taking place on Mar 04 at $33.24 for some 300,000 shares. The total came to more than $9.97 million.

Zynga Inc. (ZNGA) Director DUGAN REGINA E sold on Mar 04 a total of 214,588 shares at $10.53 on average. The insider’s sale generated proceeds of almost $94244.0.

Cleveland-Cliffs Inc. (CLF) EVP, Chief Financial Officer Koci Keith declared the purchase of shares taking place on Mar 05 at $13.45 for some 15,000 shares. The transaction amount was around $0.2 million.

Enterprise Products Partners L.P. (EPD) Director WILLIAMS RANDA DUNCAN bought on Mar 04 a total of 4,915,183 shares at $22.90 on average. The purchase cost the insider an estimated $6.96 million.

Important Earnings

Top US earnings releases scheduled for today include Waitr Holdings Inc. (NASDAQ:WTRH). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.04 per share from revenues of $51.36M in the three-month period.

Analysts expect ContextLogic Inc. (NASDAQ:WISH) to report a net income (adjusted) of -$3.03 per share, when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $736.11M.

CarParts.com Inc. (PRTS), due to announce earnings after the market closes today, is expected to report earnings of -$0.1 per share from revenues of $91.97M recently concluded three-month period.

March 8, 2021
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: Check Out These 3 hot Stocks Right Now

On February 10, American stock exchanges closed without significant changes. The S&P 500 index fell by a symbolic 0.03%, to 3910 points, the Dow Jones added 0.20%, the NASDAQ lost 0.25%. During the day, losses in the S&P 500 reached 0.6%, but its weakness was temporary. There were no new drivers of movement, but optimism about fiscal stimulus remained heightened. The cyclical consumer goods sector looked noticeably weaker than the market (-0.94%) due to Tesla shares, which fell 5.25%.

Company news

Twitter (TWTR: + 13.2%) beat consensus on revenue and EBITDA, but below-expected audience growth.

Taxi Lyft (LYFT: + 4.8%) posted better-than-expected quarterly revenue. The company said it was able to go into profit in the third quarter.

General Motors (GM: -2.1%) operating income was above market expectations. At the same time, as expected by analysts, the company warned of a shortage of semiconductors.

Dating services developer Match (MTCH: + 7.7%) acquires South Korean company Hyperconnect for $ 1.7 billion.

Today, world stock exchanges are showing mostly positive dynamics. The news background remains calm. Ultra-soft monetary and stimulating fiscal policies remain strong factors supporting optimism. Fed Chairman Jerome Powell, during his speech in New York yesterday, reaffirmed his commitment to the course at low rates and also noted that the opening of the economy will lead to a significant increase in consumer spending. However, inflationary pressure, according to Powell, may turn out to be unstable, namely, further parameters of the monetary policy will depend on inflation and unemployment.

Technical picture

Technically, the S&P 500 is still in a medium-term uptrend. The trading session the day before did not change the overall picture. The broad market index is consolidating in a tight range after rising 4% last week. Resistance at the upper border of the uptrend is still a significant obstacle.

Today Top Movers

RCM Technologies Inc (RCMT) stock ascended 126.28% at $8.35 in the pre-market trading today.‎ The company provided an update on its recently obtained projects to assist its clients in producing higher grades of ethanol for use in beverage and hygienic applications such as sanitizer-grade ethanol. ‎

Microvision Inc (MVIS) gained over 38.29% at $19.36 in pre-market ‎trading on Thursday after declaring that it has received necessary components and equipment to meet its April milestone of completing A-Samples of its Long-Range Lidar Sensor. ‎

Sonos Inc (SONO) grew over 15.59% at $36.41 in pre-market trading ‎today.‎ The maker of smart speakers generated revenue of $645.6 million in its fiscal first quarter, up from $562.1 a year earlier and ahead of the $590 million that analysts surveyed by FactSet had been projecting.

Top Upgrades & Downgrades

Wells Fargo turned bullish on The Western Union Company (WU), upgrading the stock to “Equal-Weight” and assigning a $25.0 price target, representing potential upside of 6.43% from Wednesday’s close.

Pacific Biosciences of California Inc. (PACB) 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 $52.0, suggesting a 13.29% additional upside for the stock.

AnaptysBio Inc. (ANAB) received an upgrade from analysts at JP Morgan, who also set their one-year price target on the stock to $40.0. They changed their rating on ANAB to Overweight from Underweight in a recently issued research note.

Earlier Thursday Piper Sandler reduced its rating on Helmerich & Payne Inc. (HP) stock to Neutral from Overweight and assigned the price target to $24.

Vertical Research analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Spirit Airlines Inc. (SAVE) has been changed to Hold from Buy.

Analysts at Barclays downgraded Equitrans Midstream Corporation (ETRN)’s stock to Underweight from Equal-Weight Thursday.

Latest Insider Activity

Tesla Inc. (TSLA) Director Musk Kimbal announced the sale of shares taking place on Feb 09 at $852.12 for some 30,000 shares. The total came to more than $25.56 million.

The Walt Disney Company (DIS) Executive Chairman IGER ROBERT A sold on Feb 08 a total of 1,177,989 shares at $190.12 on average. The insider’s sale generated proceeds of almost $41.83 million.

InspireMD Inc. (NSPR) Director Kester Thomas J declared the purchase of shares taking place on Feb 08 at $0.62 for some 120,960 shares. The transaction amount was around $74995.

Penn National Gaming Inc. (PENN) Director SCACCETTI JANE bought on Feb 08 a total 41,978 shares at $120.99 on average. The purchase cost the insider an estimated $99,212.

Important Earnings

Top US earnings releases scheduled for today include Expedia Group Inc. (NASDAQ: EXPE). It will announce its Dec 2020 financial results. The company is expected to report earnings of -1.97 per share from revenues of $1.12B in the three-month period.

Analysts expect Kellogg Company (NYSE: K) to report a net income (adjusted) of $0.89 per share when the company releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $3.5B.

Tyson Foods Inc. (TSN), due to announce earnings after the market closes today, is expected to report earnings of 1.49 per share from revenues of $10.84B recently concluded three-month period.

February 11, 2021
Early Morning Vibes: Check Out These 4 hot Stocks Right Now

Stock markets recovered strongly from the price dip at the end of January last week. In New York, the indices even managed to set new all-time highs on the boards. On Friday, the S&P 500 closed 0.39% higher at 3,886 points and the Nasdaq celebrated the weekend with a gain of 0.57% on 13,856 points.

The unemployment figures on Friday showed that the labor market is slowly but surely going to recover somewhat. In January, 49,000 jobs were added in the private sector and the unemployment rate fell to 6.3%. Wall Street had previously expected more jobs, but economists assumed an unchanged unemployment rate at 6.7%. Still, the numbers were not very positive. Unemployment fell mainly because 406,000 people gave up their job search. The participation rate thus fell to 61.4%. This is a bad sign and indicates that the US job market is in bad shape.

To support the US economy, Joe Biden is currently preparing a $ 1,900 billion corona support package. The package includes $ 1,400 in incentive vouchers, supplemental unemployment benefits, and Covid-19 vaccination and testing funds. Treasury Secretary Janet Yellen said on Sunday that if Biden’s stimulus plan is passed, the US could return to full employment by 2022.

The S&P 500 nevertheless managed to close in the green for five days in a row and appears to continue this series today. Futures are up approximately 0.4% and there is little on the agenda to change that. Figures from Twitter, Uber, Walt Disney, and Coca-Cola will follow later this week. Furthermore, inflation figures from the US, China, and Germany are on the agenda.

Today Top Movers

Aurora Mobile Ltd (JG) grew over 25.50% at $6.25 in pre-market trading ‎today after declaring a partnership agreement with iQIYI (IQ)‎, to develop a smart advertising and marketing ecosystem. ‎

Ocugen, Inc (OCGN) stock moved up 68.76 percent to $8.86 in the pre-market ‎trading.‎ The company recently declared a $23 million registered direct offering of common stock priced at a premium to market. ‎

Westport Fuel Systems Inc (WPRT) gained over 49.13% at $12.90 in pre-market ‎trading on Monday.‎ ‎

Sundial Growers Inc (SNDL) is up more than 0.88% at $1.14 in pre-market ‎hours ‎Monday ‎February 08, 2021.‎

Top Upgrades & Downgrades

RBC Capital turned bullish on The Hershey Company (HSY), upgrading the stock to “Outperform” and assigning a $170.0 price target, representing a potential upside of 15.95% from Friday’s close.

The Estee Lauder Companies Inc. (EL) has won the favor of Jefferies’s equity research team. The firm upgraded the shares from Hold to Buy and moved their price target to $310.0, suggesting a 13.59% additional upside for the stock.

CorEnergy Infrastructure Trust Inc. (CORR) received an upgrade from analysts at DA Davidson, who also set their one-year price target on the stock to $9.5. They changed their rating on CORR to Neutral from Underperform in a recently issued research note.

Earlier Monday Raymond James reduced its rating on Iridium Communications Inc. (IRDM) stock to Market Perform from Outperform.

UBS analysts reduced their investment ratings, saying in research reports covered by the media that its rating for ViacomCBS Inc. (VIAC) has been changed to Sell from Neutral.

Analysts at BofA downgraded Las Vegas Sands Corp. (LVS)’s stock to Neutral from Buy Monday.

Latest Insider Activity

Zomedica Corp. (ZOM) Director MACLEOD CHRISTOPHER ROSS announced the sale of shares taking place on Feb 03 at $1.10 for some 6,400 shares. The total came to more than $7047.

Zynga Inc. (ZNGA) Director DUGAN REGINA E sold on Feb 04 a total 217,319 shares at $10.27 on average. The insider’s sale generated proceeds of almost $91917.

Harley-Davidson Inc. (HOG) President and CEO ZEITZ JOCHEN declared the purchase of shares taking place on Feb 04 at $32.47 for some 30,800 shares. The transaction amount was around $1.0 million.

Amicus Therapeutics Inc. (FOLD) Director WHITMAN BURKE W bought on Feb 01 a total 41,467 shares at $19.09 on average. The purchase cost the insider an estimated $28,637.

February 8, 2021
Early Morning Vibes: 4 Hot Stocks to Buy Before Weekend

On January 21, American stock exchanges traded in a narrow range. The S&P 500 index rose by a symbolic 0.03%, to 3853 points, the NASDAQ added 0.55%, the Dow Jones lost 0.04%. The news background remained calm. Macro statistics were mostly better than expected. Growth stocks outperformed value stocks, reflecting the outperforming tech sector, climbing 1.32%.

Company news

According to media reports, Apple (AAPL: + 3.7%) is developing a gadget for interacting with virtual reality. The release is scheduled for 2022.

United Airlines (UAL: -5.7%) quarterly results were in line with expectations, but the outlook for the next quarter disappointed investors.

Oil and gas infrastructure company Kinder Morgan (KMI: -2%) performed well, but analysts are awaiting additional information, including forecasts, to be disclosed at an investor day scheduled for January 27.

President Joseph Biden signed executive orders that set the framework for a new strategy to combat the epidemic. In particular, it is planned to deploy numerous vaccination sites and attract more health workers to it. One of the main barriers to revitalizing the vaccination campaign is insufficient government funding. To address this problem, the $ 1.9 trillion stimulus package presented by Biden included at least $ 160 billion in spending. Republicans criticized certain points of the proposed program. which also accounts for the peak reporting season. In this regard, volatility in the short term will be increased.

Economic news

Markit’s preliminary PMIs for January are worth checking out this Friday. In the manufacturing sector, according to the forecast, the indicator will drop from 57.1 to 56.5. In the service sector, a more significant decline is expected – from 54.8 to 53.6. The projected slowdown in business growth coincides with a short-term deterioration in the labor market. Overall, the pace of business recovery after the crisis remains satisfactory.

Sentiment Index

The Freedom Finance Sentiment Index climbed to 63 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 starting to wane thanks to the prospect of mass vaccinations.

Technical picture

Technically, the S&P 500 is showing an upward bias in the medium term. The relative strength of buyers prevails, but the upper border of the equidistant channel at 3860 points is a serious resistance. In this regard, short-term consolidation is quite possible.

Today Top Movers

‎Adamis Pharma (ADMP) gained over 76.38% at $2.24 in pre-market ‎trading on Friday following an announcement from the firm that its SYMJEPI® (epinephrine) Injection products are now available to members of the Walgreens Prescription Savings Club program, for a discounted price of $99.99 for a two-pack‎‎.‎ ‎‎

‎Sierra Wireless Inc. (SWIR) grew over 7.61% at $19.80 in pre-market trading ‎today after the company received a bullish initiation from Wall Street. B. Riley Securities kicked off coverage of Sierra Wireless with a buy rating alongside a price target of $23.50”.‎‎‎ ‎‎

‎Zynga Inc (ZNGA) stock moved up 1.45 percent to $10.50 in the pre-market ‎trading. The electronic gaming & multimedia company is making headlines on Thursday as multiple news sources and traders circulate a TMT Finance report that Tencent (TCEHY) is considering finance for a large acquisition.‎‎‎ ‎‎

‎GameStop Corp (GME) is up more than 4.95% at $45.16 in pre-market ‎hours ‎Friday after news of the joining of Chewy founder and activist investor Ryan Cohen and two of his associates to GameStop’s board of directors. ‎‎

Top Upgrades & Downgrades

Keefe Bruyette turned bullish on Northern Trust Corporation (NTRS), upgrading the stock to “Outperform” and assigning a $120 price target, representing a potential upside of 27.36% from Thursday’s close.

Quidel Corporation (QDEL) has won the favor of Raymond James’s equity research team. The firm upgraded the shares from Market Perform to Outperform and moved their price target to $250.0, suggesting 14.42% additional upside for the stock.

PacWest Bancorp (PACW) received an upgrade from analysts at Keefe Bruyette, who also set their one-year price target on the stock to $40. They changed their rating on PACW to Outperform from Market Perform in a recently issued research note.

Earlier Friday Stifel reduced its rating on CSX Corporation (CSX) stock to Hold from Buy and assigned the price target to $92. With shares trading at around $91.61, the Wall Street firm thinks CSX Corporation’s stock could add than 0.42%.

Jefferies analysts reduced their investment ratings, saying in research reports covered by the media that it’s rating for Regis Corporation (RGS) has been changed to Hold from Buy and the new price target is set at $10.

Analysts at BMO Capital downgraded Sage Therapeutics Inc. (SAGE)’s stock to Market Perform from Outperform Friday.

Latest Insider Activity

BlackBerry Limited (BB) EVP, Ent. Products & VAS HO BILLY announced the sale of shares taking place on Jan 20 at $12.95 for some 20,000 shares. The total came to more than $0.26 million.

General Motors Company (GM) Executive Vice President & CIO MOTT RANDALL D sold on Jan 19 a total of 89,427 shares at $53.69 on average. The insider’s sale generated proceeds of almost $1.34 million.

Petco Health and Wellness Company Inc. (WOOF) Chief Inf. & Admin. Officer Zavada John declared the purchase of shares taking place on Jan 19 at $18.00 for some 1,500 shares. The transaction amount was around $27000.

Barnwell Industries Inc. (BRN) 10% Owner SHERWOOD NED L bought on Jan 20 a total 1,236,818 shares at $1.85 on average. The purchase cost the insider an estimated $34,969.

Important Earnings

Top US earnings releases scheduled for today include Schlumberger Limited (NYSE: SLB). It will announce its Dec 2020 financial results. The company is expected to report earnings of $0.17 per share from revenues of $5.25B in the three-month period.

Analysts expect Huntington Bancshares Incorporated (NASDAQ: HBAN) to report a net income (adjusted) of $0.29 per share when the bank releases its quarterly results shortly. Revenue for the fiscal quarter ended Dec 2020 is predicted to come in at $1.25B.

Regions Financial Corporation (RF), due to announce earnings after the market closes today, is expected to report earnings of $0.42 per share from revenues of $1.56B recently concluded three-month period.

January 22, 2021
31 stocks trending in pre-market

NIO Limited (NIO) stock soared 2.95% to $42.19 in the pre-market trading following the pricing of offering of 68,000,000 American depositary shares. The most recent rating by Goldman, on December 01, 2020, is a Neutral. NIO Inc.

Veru Inc. (NASDAQ: VERU) shares are trading up 7.17% at $10.39 at the time of writing after declaring positive Phase 2 clinical trial results for enobosarm, for the treatment of endocrine and chemotherapy resistant ER+/HER2- metastatic breast cancer, which was selected as a Spotlight Presentation at the 2020 San Antonio Breast Cancer Symposium. Company’s 52-week ranged between $2.10 to $7.86. Analysts have a consensus price target of $6.

Occidental Petroleum Corporation (OXY) stock soared 2.45% to $19.64 in the pre-market trading. The most recent rating by MKM Partners, on December 07, 2020, is a Neutral.

BioCardia Inc. (BCDA), a Biotechnology company, rose about 9.38% at $4.9 in pre-market trading Tuesday after reporting entry 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 in a registered direct offering priced at-the-market under Nasdaq rules.

Genius Brands International Inc. (GNUS) gained over 15.85% at $2.12 in pre-market trading Tuesday December 15, 2020. The company recently revealed that it has secured a commitment to receive $100 million in cash on January 15, 2021 from New York-based Mudrick Capital Management as a result of a new first lien debt financing.

Nikola Corporation (NKLA) is up more than 2.38% at $16.8 in pre-market hours Tuesday December 15, 2020. The stock had dropped over -6.87% to $16.41 in the last trading session.

Virgin Galactic Holdings Inc. (SPCE) is up more than 2.83% at $27.22 in pre-market hours Tuesday December 15, 2020 following an update on test flight program. The stock had dropped over -17.38% to $26.47 in the last trading session.

Before the trading started on December 15, 2020, Huntington Bancshares Incorporated (HBAN) is up 2.32% to reach $12.8 after reporting merger with TCF Financial Corporation to create top 10 U.S. regional bank. It has been trading in a 52-week range of $6.82 to $15.63.

Plug Power Inc. (PLUG) stock soared 2.65% to $26.38 in the pre-market trading. The most recent rating by B. Riley Securities, on November 10, 2020, is a Buy.

XPeng Inc. (NYSE: XPEV) shares are trading up 3.86% at $48.99 at the time of writing after its P7 super-long range sports sedan received car of the Year 2021 award in Xuanyuan Awards. Company’s 52-week ranged between $17.11 to $74.49. Analysts have a consensus price target of $58.

AnPac Bio-Medical Science Co. Ltd. (ANPC), a Biotechnology company, dropped about -5.26% at $5.4 in pre-market trading Tuesday following the proclamation from the firm that it has made significant progress in detecting pre-cancer diseases.

Yamana Gold Inc. (AUY) stock moved up 2.66 percent to $5.4 in the pre-market trading.

Zynga Inc. (ZNGA) gained over 3.9% at $9.05 in pre-market trading Tuesday December 15, 2020 following the declaration of pricing of offering of $762 million of convertible senior notes.

IZEA Worldwide Inc. (IZEA) is down more than -5.68% at $0.9243 in pre-market hours Tuesday December 15, 2020 after announcing that it has seen a surge of new customers in Q4 2020. The stock had jumped over 15.00% to $0.98 in the last trading session.

Cameco Corporation (CCJ) grew over 3.16% at $13.7 in pre-market trading today.

Before the trading started on December 15, 2020, HEXO Corp. (HEXO) is down -2.8% to reach $0.9817 after releasing its first quarter fiscal 2021 financial results. It has been trading in a 52-week range of $0.35 to $2.30.

Nano Dimension Ltd. (NNDM) stock soared 1.8% to $6.77 in the pre-market trading. The most recent rating by Maxim Group, on October 21, 2016, is a Buy.

Teligent Inc. (TLGT) tumbled over -3.53% at $0.78 in pre-market trading today.

Synlogic Inc. (NASDAQ: SYBX) shares are trading down -5.51% at $2.4 at the time of writing following advancement of SYNB1891 to combination arm dosing with PD-L1 checkpoint inhibitor in the on-going phase 1 study for the treatment of solid tumors and lymphoma. Company’s 52-week ranged between $1.35 to $3.99.

BioNTech SE (BNTX) stock soared 5.48% to $114.2 in the pre-market trading. The most recent rating by BofA Securities, on December 01, 2020, is a Neutral. Pfizer Inc. (PFE) and BioNTech SE (BNTX) recently declared additional data on neutralizing antibody and T cell responses from the Phase 1/2 trial with BNT162b2 conducted in Germany

Torchlight Energy Resources Inc. (TRCH) tumbled over -12.14% at $0.543 in pre-market trading today.

Seelos Therapeutics Inc. (SEEL) stock moved up 5.47 percent to $1.35 in the pre-market trading after revealing the sale of a $12.0 million senior secured convertible note and shares of Seelos common stock to investors.

Bed Bath & Beyond Inc. (BBBY) gained over 4.35% at $19.69 in pre-market trading Tuesday December 15, 2020 following the declaration of definitive agreement to sell its remaining non-core banner Cost Plus World Market (CPWM) to Kingswood Capital Management, a Los Angeles-based private equity firm.

Before the trading started on December 15, 2020, Aerpio Pharmaceuticals Inc. (ARPO) is down -3.33% to reach $1.16. It has been trading in a 52-week range of $0.42 to $2.31.

Before the trading started on December 15, 2020, Energy Fuels Inc. (UUUU) is up 2.94% to reach $3.15 after reporting that it has entered into a three-year supply agreement with The Chemours Company (CC) to acquire a minimum of 2,500 tons per year of natural monazite sands. It has been trading in a 52-week range of $0.78 to $3.10.

Uranium Energy Corp. (UEC) grew over 5.62% at $1.69 in pre-market trading today after filing fiscal 2021 Q1 quarterly report.

MicroVision Inc. (MVIS), a Scientific & Technical Instruments company, rose about 5.43% at $3.3 in pre-market trading Tuesday.

NovaBay Pharmaceuticals Inc. (NBY) is down more than -2.28% at $0.68 in pre-market hours Tuesday December 15, 2020 after reporting that its proprietary hypochlorous acid solution has received U.S. Environmental Protection Agency (EPA) approval for a kill claim against SARS-CoV-2, the virus that causes COVID-19. The stock had jumped over 0.86% to $0.70 in the last trading session.

vTv Therapeutics Inc. (VTVT), a Biotechnology company, dropped about -10.44% at $2.66 in pre-market trading Tuesday after declaring a licensing agreement with Anteris Bio for worldwide rights to vTv’s novel clinical-stage Nrf2 activator compound, HPP971.

Socket Mobile Inc. (NASDAQ: SCKT) shares are trading down -15.38% at $2.42 at the time of writing. Company’s 52-week ranged between $0.76 to $4.50.

ArcelorMittal (MT) grew over 4.3% at $22.08 in pre-market trading today after announcing investment agreement with Invitalia, an Italian state-owned company.

December 15, 2020