World

Square, Moderna, First Solar, etc.

Let’s take a look at some of the biggest movers in the premarket:

square (SQ) – Digital payments company has agreed to buy afterpay in Australia Approximately $ 29 billion in stock, Equivalent to a premium of approximately 30% for afterpay shareholders.Square shares fell 4.8% in front of the market, but trading news pushed up shares in U.S.-based clearing firms agree with (AFRM) 8.2%.

Zoom video (ZM) – Video conferencing company Agreed to pay $ 85 million Settle a proceeding for infringing a user’s right to privacy. We also agreed to strengthen security practices to prevent hackers from interfering with Zoom meetings, the so-called “Zoombombing”.

General Electric (GE) – GE has completed the previously announced reverse stock split and will begin trading today on a post-split basis.

Modana (MRNA), Pfizer (PFE), BioNTech (BNTX) – According to the Financial Times, both Moderna and Pfizer have raised the price of the Covid-19 vaccine with the latest supply agreement. In addition, The Wall Street Journal reported that the Food and Drug Administration is under pressure to give full approval to both vaccines, which could happen later next month for Pfizer and its partner BioNTech. .. In the premarket, Moderna was up 2.5%, Pfizer was up 1% and BioNTech was up 5.1%.

Foot locker (FL) – Athletic shoe and apparel retailers contract to buy California-based shoe store chain WSS for $ 750 million and Japan-based streetwear brand Atmos for $ 360 million. Was announced.

Uber Technologies (UBER) – Uber shares rose 1.1% in pre-market transactions after Gordon Haskett Research Advisors launched coverage on a “buy” valuation. Haskett calls Uber a company that continues to permeate consumers’ daily lives through ride-hailing and food delivery services.

Capri Holdings (CPRI) – Capri rose 1.2% in the premarket after upgrading from “neutral” to “buy” at MKM Partners. This shows a better-than-expected quarterly succession of companies behind brands such as Michael Kors and Versace. MKM also mentioned the overall improvement in the luxury sector.

discover (DISCA) – According to the British Telegraph, Discovery is in informal consultation on potential bids for UK state broadcaster Channel 4.

Robin hood (HOOD) – According to The Wall Street Journal, more than 300,000 users of the stock trading app bought shares at Robin Hood’s initial public offering last week. That’s about 1.3% of the company’s funded account base. Robin Hood added 1.5% in pre-market transactions.

Parker Hannifin (PH) – Manufacturers of motion control technology and other industrial products buy British rival Meggitt for about $ 8.8 billion in cash. Parker Hannifin’s share price fell 2.2% due to pre-market movements.

Reauto (LI) – China-based electric vehicle manufacturers delivered 8,589 units in July, an increase of 125% compared to July 2020. Li’s US-based share surged 4.3% pre-marketing.

First solar (FSLR) – After Susquehanna Financial upgraded its shares from “neutral” to “positive” based on bright management comments on the demand and price of solar modules, the shares of the PV system maker were 2.9 in pre-market transactions. % Increased.

Square, Moderna, First Solar, etc.

Source link Square, Moderna, First Solar, etc.

Back to top button