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In the week 5 December store checks, Morgan Stanley analyst Alex Straton observed a slight week-on-week decrease in retail foot traffic and broadly higher year-on-year promotional clearance breadth.
Telsey Advisory Group raised the price target on Abercrombie & Fitch Co. (NYSE: ANF) from $25 to $27. Abercrombie & Fitch shares fell 1.2% to $22.34 in pre-market trading.
The CNN Money Fear and Greed index remained in the "Greed" zone after US stocks recorded sharp gains on Tuesday.
The S&P 500 settled above the 4,000 level for the first time since September.
Gainers
Cosmos Holdings Inc. (NASDAQ: COSM) jumped 86.9% to close at $0.3275 on Tuesday after jumping 21% on Monday. Cosmos Health agreed to sell its Sky Premium Life Luxury food supplement brand on Iberian Airlines' in-flight magazine, Ronda.
Gainers
Palisade Bio, Inc. (NASDAQ: PALI) shares jumped 99.1% to $4.42 after the company announced the FDA granted Fast Track designation to LB1148 for the acceleration of time to return of bowel function following surgery.