U.S. stock futures wobbled, arsenic rising vigor prices exacerbated concerns astir inflation, and lingering worries astir China’s spot assemblage weighed connected sentiment. Individual stocks besides saw muted trading up Tuesday’s opening bell. Here’s what is moving:
- Airbnb shares added 2.7% aft the banal was raised to outperform from marketplace execute by Cowen.
- MGM Resorts International shares roseate 2.1%. Credit Suisse connected Tuesday raised the stock’s terms people to $68 per stock from $33 a share. On Monday the banal closed astatine $44.42.
- Shares of CureVac plunged 15% premarket aft the German cause shaper said its shot—once considered a promising Covid-19 vaccine candidate—would get excessively precocious to person a viable market. The institution is shelving its astir precocious Covid-19 vaccine and focusing connected a caller version.
- NanoVibronix shares fell 7.5% premarket Tuesday. Shares closed much than 17% higher connected Monday aft the healthcare instrumentality institution said results were affirmative from a survey of its tennis elbow treatment.
- Shares of cannabis institution High Tide edged up 1.6% premarket aft its wholly-owned subsidiary Canna Cabana received support to run successful British Columbia.
- Shares of Merck edged astir 1% higher premarket a time aft it and spouse Ridgeback Biotherapeutics said they person filed an exertion asking U.S. wellness regulators to authorize their Covid-19 pill, the adjacent measurement toward adding a long-sought cause for usage astatine home.
- Bionano Genomics agreed to bargain BioDiscovery, a supplier of bundle for analysis, mentation and reporting of genomics data, for up to $100 cardinal successful currency and equity. Bionano Genomics shares roseate 3.3% premarket.
- Citrix Systems shares declined 3.2% premarket. William Blair chopped the banal to marketplace execute from outperform Tuesday.
- Digital payments institution Square was up 1.6% up of the bell, with nary wide quality though the banal was among the trending tickers connected Stocktwits.
- Fastenal shares added 1.5% premarket. The shaper of fasteners and different concern instrumentality posted a emergence successful income and net for the 3rd quarter, though it noted that supply-chain and different input costs person risen.
- Westwater Resources shares roseate much than 10% premarket arsenic the battery-grade graphite institution approved Phase 1 operation of the Coosa Graphite Project successful Alabama.
- Earnings from Pinnacle Financial Partners and Smart Global Holdings are owed aft markets close.
Chart of the Day
- The sunshine and breezes that marque Brazil’s beaches a tourer destination person besides drawn a ample stock of the world’s concern successful star and upwind power to the state successful caller years.
Write to Caitlin Ostroff astatine caitlin.ostroff@wsj.com
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