Check out the companies making headlines before the bell Friday:
Travel and Leisure Stocks – Airlines shares took a hard hit in the primary market due to news of the new Covid-19 variable, including American (AAL)And United (UAL)And Southwest (LUV)And Delta (DAL) And Jet Blue (JBLU). Cruise stocks were also affected: Royal Caribbean (RCL) slipped 10.6%, Carnival (CCL) received 10.5% hit, and Norwegian (NCLH) It decreased by 10%.
Stocks at home – Shares that have benefited from the Covid-19 shutdown have rebounded, with Video Zoom (ZM) Gain 7.8% in pre-market trading, DocuSign (DOCU) 3% increase Netflix (NFLX) 2.2% higher and platoon (PTON) jump 6.2%.
Vaccine stocks – these are on the rise after news of the alternative Covid, with modern (mRNA) up 8.6% in the primary market, Pfizer (PFE) jump 5.6% BioNTech (BNTX) 7.3% high and Novafax (Nevax) muster 5.3%.
Merck (MRK) — The drug maker and its partner, Ridgeback Biotherapeutics, said the experimental Covid pill reduced the risk of death and hospitalization in high-risk patients by 30%. However, this was a lower efficiency rate than observed in a previous study, and Merck was down 3% in pre-market trading.
DIDI Global (DIDI) – Chinese regulators have asked Didi to delist from the New York Stock Exchange, according to a Bloomberg report. Request to write off the transport company It is said to come amid concerns about data security. Didi fell 6.3% in pre-market activity.
Tesla Tesla will invest $188 million to expand production capacity at its Shanghai factory, according to the state-run Beijing Daily newspaper. Tesla shares fell 2.3 percent in the Premarket market.
Micron Technology (MU) – Micron chip maker, Taiwan United Microelectronics (UMC) They withdrew intellectual property complaints against each other. The companies did not give a reason for ending those cases. Micron shares fell 1.6 percent in pre-market trading, while United Micro dropped 2.3 percent.
Boeing (BA) Boeing has been informed that its offer to sell fighter jets to Canada does not meet government requirements, according to a report in the Canadian Press. The report said two other competitors, Lockheed Martin (LMT) The Swedish Saab, fulfilled these requirements and remained in competition. Boeing lost 6.3% in pre-market activity.
Microsoft (MSFT) – Satya Nadella, CEO of Microsoft, revealed that 839,000 shares were sold in the SEC file, leaving him with ownership of 831,000 shares after that deal. Microsoft stock fell 1% in the pre-market.
Bindudu (PDD) The China-based e-commerce platform operator saw its shares plunge 17.7% in the primary market, after it reported quarterly revenue that was well below analyst estimates amid increased competition from companies such as Ali Baba (Baba) And JD.com (JD).