Companies Reporting Before The Bell
• CASI Pharmaceuticals (NASDAQ:CASI) is estimated to report quarterly loss at $0.06 per share on revenue of $5.05 million.
The week kicked off with a large SPAC deal announced on Sunday, bringing a new global sports betting and online casino company public. Several other SPAC deals were announced throughout the week along with a couple rumors that could be worth a watch this week.
Analysts and brokerage firms often use ratings when they issue stock recommendations to stock traders. Analysts arrive at stock ratings by researching public financial statements, communicating with executives and customers, and following industry trends.
As the world switches from combustion engines to electric powered modes of transportation, investors and traders are beginning to focus on the companies that produce and manufacture supplies for this market.
Clean Energy Fuels Corp (NASDAQ: CLNE) shares are trading lower by 20% Tuesday after Raymond James downgraded the stock from Market Perform to Underperform.