(2/11) Thursday’s Pre-Market Stock Movers & News – #stocks chatter

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(2/11) Thursday's Pre-Market Stock Movers & News
#Good morning traders and investors of the r/StockMarket sub! Welcome to Thursday! Here are your pre-market stock movers & news on this Thursday morning-

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# [5 things to know before the stock market opens Thursday](https://www.cnbc.com/2021/02/11/5-things-to-know-before-the-stock-market-opens-february-11-2021.html)

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> # 1. Dow set to add to Wednesday’s record high close

> * Dow futures rose Thursday, one day after the 30-stock average hit an intraday all-time high in a volatile session and closed at a record. The S&P 500 and Nasdaq on Wednesday were unable to hold on to their all-time intraday highs and closed slightly lower.

> * The Labor Department is out at 8:30 a.m. ET with its weekly report on new jobless claims. Economists expect 760,000 filings for new unemployment benefits for last week. That would be down 19,000 from the prior week, which at 779,000 was the lowest initial claims reading since late November.

> * Federal Reserve Chairman Jerome Powell said Wednesday monetary policy needs to stay “patiently accommodative” to support the economy that still faces challenges in the labor market. The employment picture is “a long way” from where it needs to be, the central bank chief told the Economic Club of New York.

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> # 2. PepsiCo beats expectations; Uber delivers mixed results

> * Earnings were once again a focus for investors. Disney leads the list of major companies reporting quarterly results after Thursday’s closing bell. Before the market opening, PepsiCo reported a fourth-quarter profit of $1.47 per share, a penny better than estimates. Revenue rose 8.8% to $22.46 billion, also exceeding expectations. PepsiCo shares fell slightly in the premarket.

> * Uber shares dropped 4% in Thursday’s premarket, the morning after the company reported a smaller-than-expected loss of 54 cents per share in the fourth quarter. However, revenue fell 16% to a lower-than-expected $3.17 billion. Uber’s ride-hailing business slowly recovered, while its delivery business boomed.

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> # 3. Cannabis stocks jump in a Reddit-fueled trade reminiscent of GameStop

> * Cannabis stocks were soaring as the Reddit crowd that spiked GameStop jumped in. Tilray shares surged nearly 51% on Wednesday, pushing the stock to a year-to-date gain of more than 670%. Not nearly as bet-against as GameStop, Tilray’s short interest was still equal to 22.5% of the shares available for trading, according to FactSet as of the end of January. Tilary added another 10% in Thursday’s premarket. Tilray is no stranger to a short-squeeze rally. The stock spiked more than 1,400% between July and September 2018, but those gains did not last.

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> # 4. Dating app firm Bumble set to begin trading after pricing IPO

> * When 31-year-old Bumble CEO Whitney Wolfe Herd takes her dating app company public Thursday, she’ll be noted not only for her youth but also as one of the few female founders to lead her firm to an IPO. Bumble, whose board comprises 73% women, priced its offering Wednesday evening at $43 per share, raising $2.2 billion and valuing Bumble at around $8 billion. The stock market response will act as a litmus test for companies founded by women, who account for just 7.4% of Fortune 500 CEOs. That’s an all-time high but still a staggeringly low.

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> # 5. House impeachment managers to continue their case against Trump

> * House managers on Thursday are set to continue to lay out their case against former President Donald Trump at his second impeachment trial. Trump’s lawyers are expected to launch their defense by the end of the week. Chilling security video of last month’s deadly insurrection at the U.S. Capitol, including scenes of rioters searching for House Speaker Nancy Pelosi and then-Vice President Mike Pence, was introduced Wednesday as a key exhibit by Democratic lawmakers prosecuting the case for why Trump should be convicted of inciting the siege.

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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/spT0oOh.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/yk3czfV.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/cp4ZO2h.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/qhUF3iO.jpg)**)

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#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #1!](https://i.imgur.com/vaQAqc7.png)**)
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES LINK #2!](https://i.imgur.com/as9MYPP.png)**)

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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #1!](https://i.imgur.com/UHUQITx.png)**)
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK #2!](https://i.imgur.com/Whbh3P7.png)**)

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#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/IdivVuT.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/MCdjdGs.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.imgur.com/FSAy7KM.png)**)

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#YESTERDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!](https://i.imgur.com/GLy06ZJ.png)**)

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#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/IFIF4ed.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!](https://i.imgur.com/CcvSt3u.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!](https://i.imgur.com/8SjY5kH.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!](https://i.imgur.com/rfFbrv8.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #5!](https://i.imgur.com/VX52HqC.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #6!](https://i.imgur.com/zBUkfG2.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #7!](https://i.imgur.com/nYUKURp.png)**)

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#THIS MORNING'S MOST ACTIVE TRENDING TICKERS ON STOCKTWITS:

* TLRY
* GRT.X
* ACB
* MVIS
* AGTC
* OGI
* VFF
* APHA
* AZN
* QELL

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#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/02/11/stocks-making-the-biggest-moves-premarket-pepsico-generac-tempur-sealy-others.html)**)

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> **PepsiCo (PEP)** – The beverage and snack giant beat estimates by a penny with adjusted quarterly earnings of $1.47 per share, and revenue was above estimates as well. The company said it expects to see organic revenue and adjusted profit growth this year, and also announced a 5% dividend increase.

> #**STOCK SYMBOL:** PEP

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PEP&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/PEP)**)

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> **Generac (GNRC)** – Generac shares rose 3% in pre-market trading after the maker of backup generators beat estimates on the top and bottom lines for its latest quarter, and said it expected net sales growth of 25 to 30 percent this year.

> #**STOCK SYMBOL:** GNRC

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=GNRC&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/GNRC)**)

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> **Restaurant Brands (QSR)** – The parent of Popeyes, Burger King and Tim Hortons missed estimates by 12 cents with adjusted quarterly earnings of 53 cents per share, while revenue was slightly above forecasts. Shares fell about 2% pre-market as comparable restaurant sales fell more than expected.

> #**STOCK SYMBOL:** QSR

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=QSR&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/QSR)**)

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> **Tempur Sealy (TPX)** – Shares of the mattress maker surged 12% pre-market after it beat forecasts by 15 cents with adjusted quarterly earnings of 67 cents per share. Revenue beat estimates as well, and Tempur Sealy said it expected 2021 sales growth of 15% to 20%.

> #**STOCK SYMBOL:** TPX

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TPX&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/TPX)**)

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> **LabCorp (LH)** – The medical-laboratory operator reported adjusted quarterly earnings of $10.56 per share, well above the $8.11 consensus estimate, and revenue was above forecasts as well. Its results were boosted by Covid-19 testing, and shares were up 3.6% pre-market.

> #**STOCK SYMBOL:** LH

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=LH&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/LH)**)

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> **Molson Coors (TAP)** – The beer brewer’s shares were down 4.5 % pre-market as it reported adjusted quarterly earnings of 40 cents per share, well below the 77-cent consensus estimate. Its results were hurt by ongoing Covid-19 restrictions for restaurants and bars.

> #**STOCK SYMBOL:** TAP

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=TAP&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/TAP)**)

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> **Kraft Heinz (KHC)** – Kraft Heinz shares rose 1.7% pre-market, as it beat estimates on the top and bottom lines for its latest quarter, and also announced the sale of its Planters snacks business to Hormel (HRL) for $3.35 billion in cash.

> #**STOCK SYMBOL:** KHC

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=KHC&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/KHC)**)

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> **Uber Technologies (UBER)** – Uber reported a quarterly loss of 54 cents per share, 2 cents less than anticipated, with revenue slightly below estimates. Uber’s results were helped by an expansion in its food delivery business as well as cost reductions. Uber shares were down 3.8% pre-market.

> #**STOCK SYMBOL:** UBER

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=UBER&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/UBER)**)

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> **Bumble (BMBL)** – Bumble makes its Wall Street debut today after pricing its initial public offering at $43 per share, above the already raised expected range of $37 to $39 per share. The dating service raised $2.2 billion in the IPO, giving it an overall value of more than $7 billion.

> #**STOCK SYMBOL:** BMBL

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=BMBL&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/BMBL)**)

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> **Sonos (SONO)** – Sonos shares jumped 17% in pre-market trading, after the maker of high-end smart speakers beat estimates on both the top and bottom lines in its latest quarter. Sonos was helped by stronger margins as no promotions were held during the quarter. It also raised its full-year revenue guidance.

> #**STOCK SYMBOL:** SONO

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=SONO&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/SONO)**)

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> **iRobot (IRBT)** – iRobot earned an adjusted 84 cents per share for the fourth quarter, well above the consensus estimate of 84 cents, with revenue also comfortably topping Wall Street predictions. The maker of the Roomba robotic vacuum cleaner also gave strong full-year revenue and profit guidance. Shares rose 7.3% in pre-market trading.

> #**STOCK SYMBOL:** IRBT

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=IRBT&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/IRBT)**)

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> **Zillow Group (ZG)** – Zillow beat estimates by 14 cents with adjusted quarterly earnings of 41 cents per share, with the operator of real estate websites also scoring a revenue beat. It also gave upbeat revenue guidance, and announced the acquisition of online home-viewing-scheduling platform ShowingTime.com for $500 million in cash. Zillow shares rose 12% in pre-market trading.

> #**STOCK SYMBOL:** ZG

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=ZG&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/ZG)**)

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> **Zynga (ZNGA)** - Zynga CEO Frank Gibeau told Barron’s that the mobile game developer is open to an acquisition offer, although it is not actively looking to sell the company. Zynga also reported a 61% jump in the key metric of net bookings during its latest quarter, more than analysts had anticipated.

> #**STOCK SYMBOL:** ZNGA

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=ZNGA&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/ZNGA)**)

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> **XPO Logistics (XPO)** – XPO earned an adjusted $1.19 per share for the fourth quarter, well above the 67-cent consensus estimate. The logistics company also saw revenue above forecasts and gave strong full-year earnings guidance. XPO is benefiting from a pandemic-induced acceleration in shipping activity due to an explosion in online shopping.

> #**STOCK SYMBOL:** XPO

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=XPO&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/XPO)**)

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> **Merck (MRK)** - Merck is in talks with both governments and other drugmakers to help produce already approved Covid-19 vaccines. The drugmaker did not specify which governments or other companies were involved in those talks.

> #**STOCK SYMBOL:** MRK

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=MRK&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/MRK)**)

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> **Pinterest (PINS)** – Pinterest was approached by Microsoft (MSFT) about a possible takeover in recent months, according to people brief on the matter who spoke to the Financial Times. However, the report added that negotiations about a buyout of the image-sharing company were not currently active.

> #**STOCK SYMBOL:** PINS

> * [CLICK HERE FOR CHART!](http://elite.finviz.com/chart.ashx?t=PINS&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/PINS)**)

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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 Thursday, February 11th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/lhkrjo/211_thursdays_premarket_stock_movers_news/

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