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Today's Pre-Market Stock Movers: DAL, MRNA, BBY, ASPU and More

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Movers and Shakers wrote a column · Dec 14, 2022 07:38
Gapping up
$Delta Air Lines(DAL.US)$ 3.8% (the airline raised its current quarter forecast and issued an upbeat 2023 outlook, citing robust travel demand.)
$Moderna(MRNA.US)$ +1.6% (The Tuesday advance followed a successful study of a skin cancer treatment involving an experimental Moderna vaccine in combination with $Merck & Co(MRK.US)$ cancer drug Keytruda.
$Aspen Group(ASPU.US)$ +14.8% (the online education company reported better-than-expected quarterly revenue and improved profit margins.)
$Darden Restaurants(DRI.US)$ +1% (The parent of Olive Garden and other restaurant chains was upgraded to outperform from neutral at Wedbush on expectations of market share gains for Darden amid an uncertain consumer environment. Darden rose in the premarket.)
$PACCAR Inc(PCAR.US)$ +1.6% (The truck maker's stock was upgraded to overweight from equal-weight at Morgan Stanley, which also raised its price target to $136 per share from $91. The firm said Paccar is among the industrial stocks poised to benefit from a sector recovery.)
Gapping down
$Tesla(TSLA.US)$ -1.26% (Goldman Sachs cut its price target for Tesla to $235 per share from $305, citing softer demand. Tesla shares briefly dipped below $500 billion in market value Tuesday.)
$Best Buy(BBY.US)$ -3% (BofA Securities downgraded it to underperform from neutral, citing a challenging environment for achieving earnings growth.)
$ABM Industries(ABM.US)$ -3.9% (ABM Industries reported better-than-expected profit and revenue for its latest quarter. But the provider of facility services gave an outlook that fell below consensus estimates.)
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