During Market hours yesterday (Tuesday – 07.12.2021):

  • The Dow (Symbol: DIA) went up 1.39%. The S&P 500 (Symbol: SPY) rose 2.07% and the Nasdaq (Symbol: QQQ) jumped 3.01%.
  • Apple (Symbol: AAPL) — The tech giant saw its shares jump 3.5% after Morgan Stanley’s Katy Huberty raised Apple’s price target from $164 to $200 and maintained an overweight rating. The analyst believes that new products from Apple, like an augmented reality headset or self-driving car, aren’t yet baked into the share price.
  • AutoZone (Symbol: AZO) — Shares of AutoZone rose 7.6% after the auto parts retailer reported a better-than-expected quarterly report. The company posted a quarterly profit of $25.69 per share, beating the Refinitiv consensus estimate of $20.87. Revenue also beat estimates, and comparable-store sales jumped 13.6%.
  • GlaxoSmithKline (Symbol: GSK) — The British pharmaceutical company saw its shares rise 1.5% after it said its monoclonal antibodies treatment is effective in treating all 37 identified mutations of omicron, according to new data from an early-stage study.
  • Intel (Symbol: INTC) — Intel shares rose 3.1% after the chipmaker announced plans to take its self-driving car unit public in mid-2022. The company acquired Israeli autonomous driving firm Mobileye in 2017.
  • Bumble (Symbol: BMBL) — Shares of Bumble rallied 9.7% after JPMorgan upgraded the stock to overweight from neutral after a meeting with company management. The firm is more convinced of the dating app’s user growth.

During Premarket hours today – (Wednesday – 08.12.2021):

  • Pfizer (Symbol: PFE), BioNTech (Symbol: BNTX) – The companies said studies showed that three doses of their Covid-19 vaccine neutralized the omicron variant, while two doses still offered protection. Pfizer and BioNTech also said they’re continuing to work on an omicron-specific vaccine. Pfizer and BioNTech came well off earlier premarket lows on the news, with Pfizer up 1.4% and BioNTech trimming its loss to 1.5%.
  • Stitch Fix (Symbol: SFIX) – Stitch was hammered by 23.9% in the premarket after issuing current-quarter revenue guidance and membership metrics that fell short of Wall Street forecasts. The online apparel retailer did post a narrower-than-expected loss for its latest quarter and better-than-expected revenue, but not enough to sway investor concerns.
  • PagerDuty (Symbol: PD) – PagerDuty reported an adjusted quarterly loss of 7 cents per share, 2 cents narrower than analysts had predicted, while revenue topped Street forecasts. The maker of IT response software also gave better-than-expected current-quarter revenue guidance, and its stock surged 9% in premarket action.
  • Robinhood (Symbol: HOOD) – Robinhood filed to terminate a planned share sale by backers of the trading platform company. The stock jumped 3% in the premarket.
  • Dave & Buster’s (Symbol: PLAY) – Dave & Buster’s beat estimates by 8 cents with a quarterly profit of 23 cents per share, while the operator of entertainment center-themed restaurants also saw revenue come in above Street forecasts. Dave & Buster’s rallied 4.5% in the premarket.

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