Marketwatch stocks, bonds and more!
Stocks are drifting upward shortly after trading began on Wednesday.
Retail sales data for December fell more than economists had projected. U.S. supplier price increases, meanwhile, decelerated to their slowest annual pace since March 2021, adding to signs of cooling inflation.
Tweet on trending stocks
Marketwatch:
Moderna:stock rose 7.7% premarket.
United Airlines: shares added 3.4% ahead of the opening bell.
Microsoft: stock added 0.4% in premarket trading.
PNC Financial Services: dropped more than 4% premarket
Tesla: Shares added 3.7% in premarket trading#trending #stocks pic.twitter.com/6hCzX4wch6— The_Journalbiz (@the_journalbiz) January 18, 2023
FactSet chart on trending stocks
Trending stocks today are:
Moderna: The drugmaker said an experimental vaccine significantly reduced the risk of a viral respiratory disease among older adults in a large clinical trial. Moderna stock rose 7.7% premarket.
United Airlines: The airline reported stronger-than-expected fourth quarter profit as consumers continued to pay for flights despite broader economic worries. United shares added 3.4% ahead of the opening bell.
Microsoft: The software giant is planning to announce more layoffs as soon as Wednesday morning. Microsoft stock added 0.4% in premarket trading.
PNC Financial Services: Shares in the Pittsburgh-based bank dropped more than 4% premarket, after it said fourth-quarter earnings were $3.47 a share, undershooting consensus forecasts for EPS of $3.95.
Tesla: Shares in the electric-vehicle giant added 3.7% in premarket trading, building on a jump of more than 7% in regular trading on Tuesday.
