People wear protective masks outside the headquarters of Uber Technologies Inc. in San Francisco, California, United States on Wednesday, June 9, 2021.
David Paul Morris | Bloomberg | Getty Images
Take a look at some of the largest moving companies in the premarket.
Uber (UBER) – Uber stocks rose 5.7% in the premarket after the ridesharing company revised its financial outlook for the third period upward. According to an SEC filing, the company now expects to report gross bookings between $ 22.8 billion and $ 23.2 billion for the third quarter. It had previously forecast $ 22 billion to $ 24 billion in its conference call for the second quarter.
Johnson & Johnson (JNJ) – Johnson & Johnson shares rose 0.8% in early morning trading after the drug company said its Covid-19 booster vaccine is 94% effective when it’s two months after the first dose Administered in the US, antibody levels are four to six times higher than those from a shot
Apple (AAPL) – Apple’s shares rose 0.9% in the premarket after a Wall Street Journal reported that the tech company was working on iPhone features to detect depression and cognitive decline. The features would use sensor data to detect these health issues, the journal said, citing people familiar with the matter.
Chevron (CVX), Exxon Mobil (XOM) – Oil stocks rebounded pre-trading as crude oil prices rose. Chevron and Exxon Mobil both gained more than 1% in the premarket. Stocks were hit during Monday’s sell-off as concerns over global economic growth dragged the price of oil down.
Enphase Energy (ENPH) – Enphase Energy stock rose 1.8% in early morning trading after KeyBanc initiated coverage of the stock with an overweight valuation. The company said the solar energy business has solid core business and growing opportunities.
Vail Resorts (MTN) – Vail Resorts shares rose 1.7% pre-IPO after KeyBanc upgraded the stock from sector weight to overweight. KeyBanc said Vail Resorts should benefit from the strong demand for winter vacations.
Big Lots (BIG) – Big Lots stocks fell 1.3% in early morning trading after Piper Sandler downgraded the retailer from overweight to neutral. The company said the end of fiscal stimulus would hurt big lots.
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