During Market hours yesterday (Tuesday – 28.12.2021):

  • The Dow (Symbol: DIA) went up 0.29%. The S&P 500 (Symbol: SPY) went down 0.08% and the Nasdaq (Symbol: QQQ) lost 0.46%.
  • Coinbase (Symbol: COIN) — Shares of the crypto exchange fell nearly 7% on Tuesday as digital currencies came under pressure. The price of bitcoin and ethereum were each down by about 5% in midday trading.
  • Boeing (Symbol: BA) — Shares of Boeing rose 1.5% to lead the Dow Jones Industrial Average. Indonesia on Tuesday lifted a ban on Boeing’s 737 Max, two years after the aircraft’s deadly crash in the country. Ethiopian Airlines also plans to resume flying the 737 Max in February.
  • Carnival (Symbol: CCL), United Airlines (Symbol: UAL) — Shares of travel related stocks rebounded Tuesday after struggling Monday amid Covid-related disruptions to the industries. Cruise line Carnival rallied more than 1% before rolling over. United Airlines added 1.6%, American Airlines (Symbol: AAL) gained 2% and Delta Air Lines (Symbol: DAL) rose 1.6%.
  • Vipshop Holdings (Symbol: VIPS) — The China-based e-commerce company’s stock fell over 5% after it cut its current quarter revenue guidance. Meanwhile, Jefferies said warmer weather and an increase in Covid-19 cases likely dented consumer demand for Vipshop.
  • Vista Outdoor (Symbol: VSTO) — Shares of the shooting sports company jumped nearly 4% after it announced the acquisition of hunting-gear manufacturer Stone Glacier.
  • Digital Turbine (Symbol: APPS) — The software stock dipped 1.7% after the company announced a multiyear strategic partnership with Google. The company said the deal will accelerate its product and growth strategy to support the Android ecosystem.

During Premarket hours today – (Wednesday – 29.12.2021):

  • Cal-Maine Foods (Symbol: CALM) — The nation’s largest egg producer earned 2 cents per share for its latest quarter, well short of the 30-cent consensus estimate. Sales were better-than-expected, but the bottom line was hit by higher costs for packaging and labor. Cal-Maine shares tumbled 7.1% in the premarket.
  • Tesla (Symbol: TSLA) — Tesla rose 1.4% in premarket trading, following news that CEO Elon Musk completed the exercising of all his stock options for next year. That signals the end of recent stock sales by Musk to cover tax bills generated by the exercise of those options.
  • Alibaba (Symbol: BABA) — The China-based e-commerce giant is considering the sale of its 30% stake in social media advertising company Weibo to state-owned Shanghai Media Group, according to a Bloomberg report. Alibaba fell 1% in premarket action, while Weibo (Symbol: WB) edged lower by 0.3%.
  • Didi Global (Symbol: DIDI) — Didi was down 2.4% in premarket trading after Reuters reported the Chinese ride-hailing company will use the “listing by introduction” method to list in Hong Kong, as it moves to delist in New York. That method would issue no new shares and raise no capital.
  • BioNTech (Symbol: BNTX) — The drug maker’s shares fell 3% in the premarket, potentially extending the stock’s losing streak to 7 days. BioNTech has fallen 16% over the past 6 sessions. Rival vaccine maker Moderna (Symbol: MRNA) is in a similar slump, falling for the past six sessions and falling 18% over that stretch. Moderna dropped 1.6% in premarket action.
  • FuelCell Energy (Symbol: FCEL) — The fuel cell technology company lost 7 cents per share for its latest quarter, wider than the 4-cent loss predicted by analysts. Revenue also fell below analyst forecasts, and the stock slumped 13% in premarket trading.

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