U.S. STOCKS ON THE MOVE-Moderna, Netflix, Coinbase

AXT

05/07/2023 12:54

* 
      Eikon search string for individual stock moves:  STXBZ 
    

        * 
      The Day Ahead newsletter: https://refini.tv/3LI4BU7
    

        * 
      The Morning News Call newsletter: https://refini.tv/3dKUyB8
    

  
Wall Street futures fell on Wednesday, with all eyes on minutes from the Federal
Reserve's June meeting for clues about the central bank's monetary policy path,
while Sino-U.S. tensions and weak economic data from Beijing further dampened
the mood.  .N 
    
    At 7:39 ET, Dow e-minis  1YMc1  were down 0.45% at 34,482. S&P 500 e-minis
 ESc1  were down 0.46% at 4,471.5, while Nasdaq 100 e-minis  NQc1  were down
0.54% at 15,282.25.
 
 The top NYSE percentage gainer premarket  .PRPG.NQ :
 ** Wolfsped Inc Ord  WOLF.N , up 16.7%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Brandywine Realty Trust  BDN.N , down 88.9%
 ** Wabash National Corp  WNC.N , down 40.3%
 ** Amneal Pharmaceuticals Inc  AMRX.K , down 13.1%
    
 The top two Nasdaq percentage losers premarket  .PRPL.O :
 ** CVB Financial Corp  CVBF.O , down 67.2%
 ** Priveterra Acquisition Corp  PMGMU.O , down 64.1%
 
 
 ** Nikola Corp  NKLA.O : down 4.7% premarket
 BUZZ - Falls on plans to pull the plug on Romeo Power  urn:newsml:reuters.com:*:nL4N38R1R8
    
 ** Rivian Automotive Inc  RIVN.O : up 7.1% premarket
 BUZZ - Shares extend rally after strong Q2 deliveries  urn:newsml:reuters.com:*:nL4N38R213 
    
 ** Moderna Inc  MRNA.O : up 1.4% premarket
 BUZZ - Rises on agreement to develop mRNA medicines in China  urn:newsml:reuters.com:*:nL4N38R227 
    
 ** Qorvo Inc  QRVO.O : down 1.6% premarket
 ** Skyworks Solutions Inc  SWKS.O : down 0.8% premarket
 ** Qualcomm Inc  QCOM.O : down 0.8% premarket
 ** Lumentum Holdings Inc  LITE.O : down 5.1% premarket
 BUZZ - Chipmakers down on China chip material export curbs; Wolfspeed gained
 urn:newsml:reuters.com:*:nL4N38R202 
    
 ** United Parcel Service Inc  UPS.N : down 2.2% premarket
 BUZZ - Down after union says co 'walked away' from negotiations  urn:newsml:reuters.com:*:nL4N38R27B 
   
 ** Conagra Brands Inc  CAG.N : down 1.5% premarket
 BUZZ - Down after Jefferies downgrades to 'hold' on falling volumes
 urn:newsml:reuters.com:*:nL4N38R29N 
    
 ** Netflix Inc  NFLX.O : up 0.7% premarket
 BUZZ - Gains as Goldman Sachs upgrades on strong earnings expectations
 urn:newsml:reuters.com:*:nL4N38R266 
    
 ** MP Materials Corp  MP.N : up 8.9% premarket
 BUZZ - Rise as China curbs rare earth metals export  urn:newsml:reuters.com:*:nL4N38R24F 
    
 ** Coinbase Global Inc  COIN.O : down 2.7% premarket
 BUZZ - Drops as Piper Sandler downgrade outweighs ETF optimism  urn:newsml:reuters.com:*:nL4N38R2BB 
    
 ** AXT Inc  AXTI.O : up 4.0% premarket
 BUZZ - Rises on plans to seek export permits after China curbs  urn:newsml:reuters.com:*:nL4N38R2BX 
    
 ** Fidelity National Information Services Inc  FIS.N : up 0.8% premarket
 BUZZ - up on report PE firm nears up to $20 bln stake deal for co's WorldPay
 urn:newsml:reuters.com:*:nL4N38R2D4 
    
 ** Digital World Acquisition Corp  DWAC.O : up 5.9% premarket
 BUZZ - Rises as Trump-linked SPAC reaches agreement with SEC over merger
 urn:newsml:reuters.com:*:nL1N38R0WL 
    
 ** RVL Pharmaceuticals PLC  RVLP.O : up 14.4% premarket
 BUZZ - Gains on exploring strategic alternatives  urn:newsml:reuters.com:*:nL4N38R2DQ 

 (Compiled by Rajarshi Roy and Pratyush Thakur)
 ((Pratyush.Thakur@thomsonreuters.com))