(2/9) Tuesday’s Pre-Market Stock Movers & News
#Good morning traders and investors of the r/StockMarket sub! Welcome to Tuesday! Here are your pre-market stock movers & news on this Tuesday morning-
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# [5 things to know before the stock market opens Tuesday](https://www.cnbc.com/2021/02/09/5-things-to-know-before-the-stock-market-opens-february-9-2021.html)
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> # 1. Dow set to dip after six-session win streak
> * U.S. stock futures fell Tuesday, taking a pause after the Dow Jones Industrial Average and S&P 500 rose for their sixth straight sessions and the Nasdaq did so for its third session in a row. All three benchmarks logged record-high closes. February’s blistering gains ahead of Tuesday’s trading on Wall Street sent the Dow, S&P 500 and Nasdaq up nearly 4.7%, 5.4% and 7%, respectively.
> * Bitcoin early Tuesday soared to an all-time high over $48,000 before pairing some of those gains. Bitcoin knocked on the door of $50,000 as buying continued one day after Elon Musk’s Tesla revealed a $1.5 billion investment in the world’s largest cryptocurrency, the latest evidence of institutional interest in the digital coin.
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> # 2. Trump’s second impeachment trial to begin in Senate
> * Former President Donald Trump faces the start of his second impeachment trial, an uphill battle for Democrats determined to prove him guilty for inciting last month’s deadly riot at the U.S. Capitol. Despite the unprecedented circumstances, experts see acquittal as the likely outcome. Out of office for nearly three weeks, the one-term Republican president, ensconced at his Florida home, still commands the support of swaths of the party and the loyalty of many GOP lawmakers, who largely doubt the legality of the trial itself. The trial is scheduled to start at 1 p.m. ET.
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> # 3. CBO says federal minimum wage of $15 would cost jobs
> * Raising the federal minimum wage from $7.25 per hour in annual increments to $15 per hour, as President Joe Biden has proposed, would cost 1.4 million jobs over the next four years while lifting 900,000 people out of poverty, according to a report released Monday by the nonpartisan Congressional Budget Office. The hike would add to the budget deficit, which could help Democrats pull the issue into the budget reconciliation process. Doing so could enable the Democrats to pass Biden’s $1.9 trillion Covid stimulus approach with no Republican votes. As part of the pandemic relief effort, House Democrats on Monday proposed a faster income phase-out for the next round of direct payments checks.
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> # 4. WHO says animals to humans ‘most likely’ path of coronavirus
> * An international team of scientists led by the World Health Organization said Tuesday the search for how the coronavirus was introduced remains a “work in progress,” but the “most likely” pathway was indeed from animals to humans. Scientists have been working for the past four weeks in the Chinese city of Wuhan, where the coronavirus was first identified in late 2019. The team dismissed a leak from a lab, saying that such theories should be regarded as “extremely unlikely.”
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> # 5. Reddit’s valuation doubles to $6 billion after new funding
> * Reddit — ground zero for the recent online-driven individual investor trading mania — raised more than $250 million in a new round of funding, doubling its valuation to $6 billion. Activity in Reddit’s WallStreetBets forum sparked a frenzy of buying in heavily shorted stocks, sending names like GameStop skyrocketing last month. Shares of the video game retailer — which lost 70% last week after soaring 400% the previous week — dropped another 5.9% on Monday and were under pressure in Tuesday’s premarket.
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#STOCK FUTURES CURRENTLY:
######(**[CLICK HERE FOR STOCK FUTURES CHARTS!](https://finviz.com/futures.ashx)**)
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#YESTERDAY’S MARKET MAP:
######(**[CLICK HERE FOR YESTERDAY’S MARKET MAP!](https://i.imgur.com/mq5SbaA.png)**)
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#TODAY’S MARKET MAP:
######(**[CLICK HERE FOR TODAY’S MARKET MAP!](https://finviz.com/map.ashx)**)
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#YESTERDAY’S S&P SECTORS:
######(**[CLICK HERE FOR YESTERDAY’S S&P SECTORS CHART!](https://i.imgur.com/cohp2Pw.png)**)
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#TODAY’S S&P SECTORS:
######(**[CLICK HERE FOR TODAY’S S&P SECTORS CHART!](https://finviz.com/groups.ashx)**)
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#TODAY’S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR TODAY’S ECONOMIC CALENDAR!](https://i.imgur.com/zMgJyh5.png)**)
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#THIS WEEK’S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK’S ECONOMIC CALENDAR!](https://i.imgur.com/hloQBbG.png)**)
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#THIS WEEK’S UPCOMING IPO’S:
######(**[CLICK HERE FOR THIS WEEK’S UPCOMING IPO’S!](https://i.imgur.com/1aI3OXL.png)**)
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#THIS WEEK’S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK’S EARNINGS CALENDAR!](https://i.imgur.com/7f4pptB.png)**)
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#THIS MORNING’S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING’S EARNINGS CALENDAR!](https://i.imgur.com/PrGXJvD.jpg)**)
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#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING’S EARNINGS RELEASES!](https://i.imgur.com/5axdVsp.png)**)
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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON’S EARNINGS RELEASES!](https://i.imgur.com/boLmzCN.png)**)
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#YESTERDAY’S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY’S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/1tthVnc.png)**)
######(**[CLICK HERE FOR YESTERDAY’S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/WNPUQwL.png)**)
######(**[CLICK HERE FOR YESTERDAY’S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.imgur.com/8gdJhWT.png)**)
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#YESTERDAY’S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY’S INSIDER TRADING FILINGS!](https://i.imgur.com/IMdymy7.png)**)
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#TODAY’S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY’S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/FZ8innQ.png)**)
######(**[CLICK HERE FOR TODAY’S DIVIDEND CALENDAR LINK #2!](https://i.imgur.com/2rXo4MO.png)**)
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#THIS MORNING’S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:
* HTBX
* CRSR
* TLRY
* OCGN
* CYTH
* AUVI
* COTY
* CLF
* CGC
* CODX
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#THIS MORNING’S STOCK NEWS MOVERS:
######(**source: [cnbc.com](https://www.cnbc.com/2021/02/09/stocks-making-the-biggest-moves-in-the-premarket-coty-take-two-interactive-chegg-more.html)**)
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> **Coty (COTY)** – The cosmetics company reported quarterly profit of 17 cents per share, 10 cents a share above estimates. Revenue essentially was in line with forecasts. Coty said its profit got a boost from increased cost savings even as demand was dented by the pandemic, with sales falling 16%. The shares lost 8% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** COTY
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=COTY&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/COTY)**)
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> **Take-Two Interactive (TTWO)** – Take-Two beat Street forecasts with its quarterly sales, and raised its annual sales targets on continued strong demand for video game franchises like “NBA 2K” and “Grand Theft Auto.” Its shares are under pressure, however, after the video game publisher failed to announce any new game releases. The shares fell 4% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** TTWO
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TTWO&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/TTWO)**)
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> **Chegg (CHGG)** – Chegg beat estimates by 6 cents a share, with quarterly earnings of 55 cents per share. The education technology company’s revenue also topped Wall Street forecasts. It also raised its earnings guidance for 2021, as it continues to benefit from a pandemic-induced boost in demand for education materials. The shares gained 3% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** CHGG
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CHGG&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CHGG)**)
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> **DuPont (DD)** – DuPont reported quarterly earnings of 95 cents per share, 6 cents a share above estimates. The maker of industrial materials also saw its revenue top Wall Street forecasts. Demand was particularly strong in smartphone materials and the company also benefited from a rebound in auto sales.
> #**STOCK SYMBOL:** DD
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=DD&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/DD)**)
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> **Edgewell Personal Care (EPC)** – The maker of consumer brands like Schick, Edge, Wikinson and Playtex earned 43 cents per share for its latest quarter, compared to a 25 cents a share consensus estimate. Revenue also topped estimates. Organic sales were flat, but Edgewell expanded its profit margins and saw digital sales grow as well.
> #**STOCK SYMBOL:** EPC
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=EPC&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/EPC)**)
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> **Canopy Growth (CGC)** – The Canada-based cannabis producer posted a smaller loss for its fiscal third quarter, as it cut costs and as demand for its products increased. Canopy Growth also said it expects to achieve profitability during the second half of the 2022 fiscal year, which begins April 1. The shares rose 1.9% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** CGC
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CGC&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CGC)**)
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> **Carrier Global (CARR)** – The maker of HVAC systems missed estimates by 5 cents a share, with quarterly profit of 31 cents per share. Revenue beat Wall Street forecasts. The bottom line was impacted by spending on growth initiatives and legal costs, among other factors. The shares fell 6% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** CARR
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CARR&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CARR)**)
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> **HanesBrands (HBI)** – The apparel maker topped estimates by 9 cents a share, with quarterly earnings of 38 cents per share. Revenue beat estimates as well. HanesBrands said it saw continued momentum for its Champion brand globally and its Innerwear business in the U.S. The company is exploring strategic alternatives for the European Innerwear business. The shares gained 2.9% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** HBI
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=HBI&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/HBI)**)
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> **Hain Celestial (HAIN)** – The maker of Celestial Seasonings tea and Terra chips beat estimates by 4 cents a share, with quarterly earnings of 34 cents per share. Revenue beat estimates as well. Hain continues to benefit from pandemic-induced demand by consumers remaining at home.
> #**STOCK SYMBOL:** HAIN
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=HAIN&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/HAIN)**)
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> **Eli Lilly (LLY)** – The drug company announced that Chief Financial Officer Josh Smiley has resigned and will be replaced by senior vice president Anat Ashkenazi. Lilly said Smiley engaged in a consensual but inappropriate personal relationship with a Lilly employee and exhibited poor judgment.
> #**STOCK SYMBOL:** LLY
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=LLY&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/LLY)**)
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> **Centene (CNC)** – The health insurer missed estimates by a penny a share, with quarterly earnings of 46 cents per share. Revenue missed estimates as well. Centene’s bottom line was impacted by higher costs as the company spent more on initiatives related to its Medicare and Health Insurance Marketplace businesses.
> #**STOCK SYMBOL:** CNC
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=CNC&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/CNC)**)
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> **Electronic Arts (EA)** – The video game publisher announced a deal to buy mobile game developer Glu Mobile (GLUU) for $12.50 per share in cash or $2.4 billion. Reuters reports that Glu Mobile had received takeover offers from several parties during 2020 before accepting the overture from Electronic Arts.
> #**STOCK SYMBOL:** EA
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=EA&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/EA)**)
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> **Simon Property Group (SPG)** – The nation’s largest mall operator forecast improved 2021 profit, with Simon seeing a recovery by its retail tenants and an improvement in rent collection rates. The shares gained 2.9% in premarket trading as of 7:37 a.m. ET.
> #**STOCK SYMBOL:** SPG
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=SPG&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/SPG)**)
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> **Quidel (QDEL)** – Quidel has made a preliminary takeover approach to rival diagnostics firm Qiagen (QGEN), according to people with knowledge of the matter who spoke to Bloomberg. The talks are said to be at an early stage with no guarantee they will result in any deal. Qiagen had agreed to be bought by Thermo Fisher Scientific (TMO) last year, but that deal fell apart due to a lack of shareholder support.
> #**STOCK SYMBOL:** QDEL
> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=QDEL&ty=c&ta=st_c,sch_200p,sma_50,sma_200,sma_20,sma_100,bb_20_2,rsi_b_14,macd_b_12_26_9,stofu_b_14_3_3&p=d&s=l)
> ######(**[CLICK HERE FOR LIVE STOCK QUOTE!](http://data.cnbc.com/quotes/QDEL)**)
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#**DISCUSS!**
What’s on everyone’s radar for today’s trading day ahead here at r/StockMarket?
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# **I hope you all have an excellent trading day ahead today on this Tuesday, February 9th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/lg40b2/29_tuesdays_premarket_stock_movers_news/