Marketwatch trending stocks, bonds and more!
U.S. stock indexes ended last week on a high note, and that trend is continuing so far!
Here’s how the chart look at midday;
Tweet on trending stocks
Trending stocks today:
Bed Bath & Beyond: Shares surged 22%
Lululemon Athletica: Stock fell nearly 10%
CureVac: shares soared 24% premarket
Tesla: Shares rose 3% premarket
CinCor Pharma: stock more than doubled premarket
Alibaba: stock surged 5% premarket#Trending #stocks pic.twitter.com/sBaB3dMMv4— The_Journalbiz (@the_journalbiz) January 9, 2023
FactSet chart on trending stocks
The S&P 500 was recently 1.3% higher, while Dow Jones Industrial Average gained more than 260 points, or 0.8%.
Trending stocks for today are;
Bed Bath & Beyond: The troubled retailer’s shares surged 22% in volatile premarket trading. The company is preparing to file for bankruptcy within weeks, the Journal previously reported.
Lululemon Athletica: The athletic-apparel maker warned it expects profit margins to fall for its fourth quarter. Stock fell nearly 10% ahead of the open.
Goldman Sachs: The Wall Street giant is set to cut about 3,200 positions this week, the latest sign that job cuts are spreading beyond the tech industry. Shares ticked up 0.7% before the opening bell.
CureVac: The German biopharmaceutical company’s shares soared 24% premarket after CureVac on Friday announced promising preliminary results for its Covid-19 and flu-vaccine candidates. Both are being developed in collaboration with GSK.
Tesla: Shares of the electric-vehicle maker rose 3% in premarket trading, putting Tesla on pace to claw back some of the losses it endured during the first week of 2023. Tesla was the fourth-worst performer in the S&P 500 last week, as concerns about vehicle demand continued to weigh on the company.
CinCor Pharma: The Nasdaq-listed drug company agreed to be bought by British-based pharma giant AstraZeneca for up to $1.8 billion. CinCor stock more than doubled ahead of the opening bell.
Alibaba: The Chinese e-commerce company’s American depositary receipts gained about 4.9% premarket, echoing a surge in Hong Kong trading, on news that Alibaba co-founder Jack Ma is ceding control of the financial-technology giant Ant Group.
