Today's Morning Movers and Top Ratings: DAL, MRNA, ALB and More
Morning Movers
Gapping up
$Delta Air Lines(DAL.US$ stock rose 4.3% following the airline's optimistic outlook for the current quarter, bolstered by strong travel demand that led to first-quarter earnings surpassing estimates.
$Moderna(MRNA.US$ stock increased by 0.6%, building on the previous session's 6% gain, after the company released promising cancer-vaccine data, indicating potential effectiveness beyond just melanoma.
$Taiwan Semiconductor(TSM.US$ stock grew 1.2% after the leading chipmaker reported a sharp increase in March sales, likely benefiting from the growing demand for chips within the artificial intelligence sector.
$Alibaba(BABA.US$ climbed 2.9% after reports surfaced of co-founder Jack Ma supporting the e-commerce giant's current leadership in an internal memo.
$Pricesmart(PSMT.US$ stock advanced 3.9% after the company, a major operator of membership warehouse clubs in Latin America and the Caribbean, announced a strong fiscal second quarter.
$Albemarle(ALB.US$ stock appreciated 2.3% after BofA Securities upgraded the lithium miner to 'buy,' citing a favorable outlook for lithium prices, which are expected to recover from a low in the first quarter of 2024.
Gapping down
$WD-40(WDFC.US$ Company's stock fell 2.6% after the household products company reported revenue below expectations for its fiscal second quarter and provided a subdued forecast for the full year.
Source: CNBC; Investing.com
US Top Rating Updates on 04/10
Source: Dow Jones
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