Zoom Video, Agora And Some Other Big Stocks Moving Lower In Today’s Pre-Market Session
U.S. stock futures traded slightly higher this morning. Here are some big stocks recording losses in today’s pre-market trading session.
Urban Outfitters To Rally 18%? Plus This Analyst Slashes PT On Silvergate Capital By 62%
Mizuho lowered the price target on Zoom Video Communications, Inc. (NASDAQ: ZM) from $120 to $100. Zoom Video shares fell 8.6% to $73.35 in pre-market trading.
Fear & Greed Index Remains In Greed Zone Ahead Of Earnings
The CNN Money Fear and Greed index remained in the "Greed" zone after US stocks dropped Monday to start the holiday-shortened trading week.
Investors were concerned that China may tighten covid-19 restrictions after recording deaths related to the virus.
Investors also continued to monitor comments from Federal Reserve officials.
Nasdaq Drops Over 100 Points, But Market Volatility Decreases
US stocks started the week on a lower note on concerns that China could resume stricter restrictions to fight the covid-19 pandemic.
Beijing has warned it was facing its most severe test of COVID as it tightened rules for entering the city, reported Reuters.
Best Buy, Dollar Tree And 3 Stocks To Watch Heading Into Tuesday
With US stock futures trading slightly lower this morning on Tuesday, some of the stocks that may grab investor focus today are as follows:
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Gainers
Imago BioSciences, Inc. (NASDAQ: IMGO) shares climbed 104.5% to close at $35.59 on Monday after Merck announced it would acquire the company for $36 per share in cash.
Salesforce To $240? Plus RBC Capital Boosts PT For Autodesk
Jefferies cut the price target on Salesforce, Inc. (NYSE: CRM) from $250 to $240. Jefferies analyst Brent Thill maintained the stock with a Buy rating. Salesforce shares fell 1.2% to trade at $146.20 on Monday.
Benzinga Pro’s Top 5 Stocks To Watch For Monday, November 21, 2022: DIS, AAPL, DKNG, BIDU, RDW
Disney (DIS) - In maybe this weekend's biggest news item, Disney removed CEO Bob Chapek and reinstalled long-time chief Bob Iger. Shares of Disney were up 10% on the news.
Apple (AAPL) - Chinese
Foot Locker To $39? These Analysts Boost Price Targets On The Specialty Athletic Retailer Following Upbeat Q3 Earnings
Foot Locker, Inc. (NYSE: FL) reported better-than-expected Q3 results and raised FY22 guidance.
Why G Medical Innovations Shares Are Trading Lower By 35%; Here Are 25 Stocks Moving Premarket
Gainers
EUDA Health Holdings Limited (NASDAQ: EUDA) shares rose 88.1% to $8.40 in pre-market trading after merger completed with 8i Acquisition SPAC last week.