During Market hours yesterday – (Monday – 29.11.2021):

  • The Dow (Symbol: DIA) went up 0.62%. The S&P 500 (Symbol: SPY) rose 1.23% and the Nasdaq (Symbol: QQQ) jumped 2.17%.
  • Moderna (Symbol: MRNA) — Moderna shares surged 11.8% after CEO Stephane Bancel said Monday it will take months to distribute a Covid vaccine specifically targeting the omicron variant, but a higher 100-microgram dose of the booster shot could be ready “right away.” Bancel said it will take at least two weeks to study how the new variant’s mutations impact the efficacy of current vaccines.
  • Twitter (Symbol: TWTR) — Shares of the social media company fell 2.7% after news that CEO Jack Dorsey is stepping down, effective immediately. Parag Agrawal, the company’s chief technology officer, will take over as chief executive. Dorsey was serving as both the CEO of Twitter and Square, his digital payments company.
  • Ebay (Symbol: EBAY) — The e-commerce giant lost more than 2% after announcing it’s acquiring Sneaker Con Digital, the sneaker authentication business of the marketplace Sneaker Con.
  • Allbirds (Symbol: BIRD) — The eco-friendly shoe stock dropped 4.7% after a mixed batch of initiations from Wall Street banks. Morgan Stanley and JPMorgan initiated coverage of Allbirds with neutral-equivalent ratings, citing concerns about the company’s long-term growth potential.
  • Tesla (Symbol: TSLA) — Shares of the electric vehicle maker rose 5% on news that CEO Elon Musk urged employees to prioritize “minimizing cost of deliveries” over expediting deliveries of cars to customers in order to hit end-of-quarter goals. Tesla is also closer to starting production at its first European factory in Germany, according to German auto news site Automobilwoche.
  • Coinbase (Symbol: COIN) — The cryptocurrency exchange’s shares rose 5.3% as the price of bitcoin rebounded following a sell-off with the broader equities market on Friday. Other crypto-related equities got a lift too, with Microstrategy (Symbol: MSTR) rising 4.9% and Silvergate Bank (Symbol: SI) adding 5.8%.
  • Zoom Video (Symbol: ZM) — Shares of the video-conferencing fell less than a percent, paring back deeper losses from earlier in the day, as some of Friday’s enthusiasm for the stay-at-home stocks cooled. Shares of the company rose nearly 6% in the prior session, as the omicron Covid-19 variant sparked investors to rotate into areas of the market that benefit when consumers are at home.

During Premarket hours today – (Tuesday – 30.11.2021):

  • Regeneron Pharmaceuticals (Symbol: REGN) — Regeneron shares fell more than 1% in the premarket after the company said its Covid-19 antibody cocktail and similar drugs could be less effective against the omicron Covid variant.
  • Moderna (Symbol: MRNA), Pfizer (Symbol: PFE) — Shares of vaccine makers were on watch after Moderna CEO Stephane Bancel told the Financial Times he expects existing vaccines to be less effective against the omicron variant. Oxford University said there is no evidence yet that current vaccines will not protect against severe disease from omicron. Moderna shares fell more than 2% in early morning trading. BioNTech (Symbol: BNTX) shares fell more than 5%. Pfizer shares gained roughly 1%. Novavax (Symbol: NVAX) shares added more than 2%.
  • Meta Platforms (Symbol: FB) — Shares of Facebook-parent Meta were slightly lower in the premarket after a U.K. regulator told the company it must sell GIF-sharing platform Giphy. The Competition and Markets Authority said Meta’s acquisition of Giphy would reduce competition between social media platforms.
  • Beyond Meat (Symbol: BYND), Oatly (Symbol: OTLY) — Shares of meat alternative producer Beyond Meat and plant-based dairy company Oatly each retreated more than 1% in early morning trading after HSBC initiated coverage of the stocks at a “reduce” rating. In a report on the alternative proteins market, HSBC said, “Given the prospect of heightened competition, the growth we forecast will be insufficient for many participants to achieve their lofty growth ambitions.”
  • Twitter (Symbol: TWTR), Square (Symbol: SQ) — Shares of Twitter and Square moved higher in the premarket the day after Jack Dorsey announced he is stepping down as CEO of Twitter.

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