Morning Briefing: Globalstar rose 20% as Apple could partner with it

Moomoo Breakfast US wrote a column · Aug 30, 2021 05:14

Morning Briefing: Globalstar rose 20% as Apple could partner with it

By Julianna

Hey, moomooers! Here are things you need to know before the opening bell:

- U.S. stock futures were steady in early morning trading on Monday as investors readied for the final trading days of August.

- The stock price of Globalstar, Inc. increased by over 20% pre-market. Investors appear to be responding positively to a rumor that the Apple iPhone 13 will use satellite connectivity.

Market Snapshot

U.S. stock futures were steady in early morning trading on Monday as investors readied for the final trading days of August.

$Dow Jones Industrial Average(.DJI.US)$futures rose just 19 points. $S&P 500 Index(.SPX.US)$futures were little changed and $NASDAQ 100 Index(.NDX.US)$futures traded above the flatline.

Source: Bloomberg

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