Today's Pre-Market Stock Movers: BBY, BIDU, LCID, FSLR and More
Gapping up
In reaction to earnings/guidance:
• $Gambling.com(GAMB.US$ +5.5%, $Baidu(BIDU.US$ +3.6%, $Best Buy(BBY.US$ +2.4%, $Heico(HEI.US$ +1.4%, $Big Lots(BIG.US$ +0.6%
Other news:
• $FREYR Battery(FREY.US$ +11.4% (announces the execution of 38 GWh Li-Ion Battery binding cell sales agreement; enters into module & pack JV for energy storage solutions with Nidec)
• $First Solar(FSLR.US$ +1.8% (to invest up to $1.2 bln scaling production of American-made responsible solar by 4.4 GW)
• $Netflix(NFLX.US$ +1.4% (Netflix is denying a Bloomberg report that it’s mulling a $7 to $9 monthly charge for its upcoming ad-supported streaming service. )
• $Haemonetics(HAE.US$ +1.3% (announces deal with Epic to offer its SafeTrace Tx blood bank info to Epic's network of hospitals)
Analyst comments:
Gapping down
In reaction to earnings/guidance:
Other news:
• $Sangamo Therapeutics(SGMO.US$ -3.8% (Updated Preliminary Phase 1/2 Data in Fabry Disease Clinical Study Showing Continued Tolerability and Sustained Elevated a-gal A Enzyme Activity in Five Longest Treated Patients)
• $Axos Financial(AX.US$ -2% (files to delay 10-K due to required testing and validation of Axos Advisor Services activity having taken longer than anticipated)
• $Lucid Group(LCID.US$ -1.4% (files for $8 bln mixed securities shelf offering; also stock offering related to warrants)
Analyst comments:
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Billy Badass : missed BBBY up 12%
71551488 Billy Badass: they dont want to promote it anymore, they probably got puts on
RDK79 : Netflix should sue the crap out of Bloomberg! These unsubstantiated postings by financial ‘experts’ without any accountability is amazing. Wall-street is bulletproof
HereForTheTrades RDK79: P/E is still 20, tell me what's reasonable for a company that struggles to increase earnings