Marketwatch trending stock, bonds and more
U.S. stock indexes’ declines picked up in morning trading Friday!
Market retreated marked by investors’ concerns about economic weakness and the path forward for interest rates.
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Trending Stocks!
Maxar Technologies: The satellite company's shares rocketed 120% higher premarket
Adobe: gained 4.8% premarket.
Avaya: plunged 32% premarket.
Guardant Health: fell 32% premarket#Trending #stocks pic.twitter.com/RT0RnELcPk— The_Journalbiz (@the_journalbiz) December 16, 2022
FactSet Chart on trending stocks
All three major U.S. indexes were off more than 1%.
The S&P 500 was recently down 1.3%, while
the Nasdaq Composite was off 1.1%. The Dow industrials dropped 1.1%, or about 360 points.
Trending stocks today are:
Maxar Technologies: The satellite company’s shares rocketed 120% higher premarket after it confirmed that it is being acquired by Advent International. The deal values Maxar at about $4 billion, or $6.4 billion including debt.
Adobe: The company said fourth-quarter revenue rose 10% on continued strong demand for its software and services. Its shares gained 4.8% premarket.
Avaya: The software and services firm is nearing a chapter 11 bankruptcy filing as it looks to move past accounting problems, people familiar with the matter said. Its shares plunged 32% premarket.
Guardant Health: The healthcare company said its blood test for colorectal cancer had shown 83% sensitivity. Guardant shares fell 32% premarket.
American Airlines: The carrier is making it more expensive for travelers to qualify for frequent-flier status in its loyalty program next year, the latest airline to tighten requirements. Its shares slipped 0.2% premarket.
