(2/26) Friday’s Pre-Market Stock Movers & News – #stocks chatter

0
132

(2/26) Friday's Pre-Market Stock Movers & News
#Good morning traders and investors of the r/StockMarket sub! Welcome to the final trading day of February. Here are your pre-market movers & news this AM-

*****

#[5 things to know before the stock market opens Friday](https://www.cnbc.com/2021/02/26/5-things-to-know-before-the-stock-market-opens-feb-26-2021.html)

*****

> # 1. Stocks try to recover from Thursday’s tech rout

> * U.S. stock futures were choppy as tech stocks tried to recover from Thursday’s rout that dragged the Nasdaq down 3.5% for its worst single-day performance since October. Tesla fell slightly again in Friday’s premarket, a day after sinking 8% in a brutal week. The Dow Jones Industrial Average on Thursday sank 559 points, or 1.8%, from a record closing high the previous session. The Dow had its worst day in nearly a month and so did the S&P 500, which lost almost 2.5%. The culprit behind the selloff was the rapid rise in bond yields.

> * All three stock benchmarks were tracking for weekly losses. Ahead of Friday’s trading on Wall Street, the Nasdaq was clinging to a gain for February, which started off strong. The Nasdaq was down nearly 7% from its Feb. 12 record closing high. The Dow and S&P 500 both remain solidly in the green for the month. However, the S&P 500 was off almost 2.7% from its last record closing high, also on Feb. 12.

*****

> # 2. 10-year Treasury yield retreats slightly from one-year high

> * The 10-year Treasury yield retreated Friday morning, but remained above 1.4%, after surging to 1.6% in the previous session to its highest level since February 2020 and more than 0.5% higher since the end of January. The spike in the 10-year yield, which is used as a benchmark for mortgage rates and auto loans, has been driven by expectations of improving economic conditions as coronavirus vaccines are rolled out, as well as fears of higher inflation.

*****

> # 3. House to pass Covid bill; Senate official says no minimum wage

> * Inflation worries are being stoked on the thought that the $1.9 trillion Covid stimulus bill — which is seen passing the House on Friday — on top of accelerating growth could overheat the economy. Democrats on Capitol Hill are trying to push their relief measure, including a federal minimum wage boost to $15 per hour, through without GOP support. However, a key nonpartisan official, the Senate parliamentarian, ruled Democrats cannot include the minimum wage increase in the bill. The decision means the Senate will likely pass a different version of the bill than the House, and representatives will have to approve the plan a second time.

*****

> # 4. FDA panel to vote on J&J’s single-shot Covid vaccine

> * A key FDA vaccine advisory panel is set to vote Friday on whether to recommend approval of Johnson & Johnson’s Covid-19 single-shot for emergency use, which would help pave the way to for a third preventive treatment in the U.S. While the full FDA doesn’t have to follow the vaccine committee’s recommendation, it often does. During similar requests by Pfizer and Moderna for vaccines, the FDA authorized those companies’ two-shot regimes a day after the panel of outside medical advisors backed emergency use authorization.

*****

> # 5. DoorDash stock falls after company drops first results since IPO

> * As more and more Americans are vaccinated and the economy continues to open up more fully, companies like DoorDash, which has benefited from the stay-at-home trade, could get hurt. In its first report as a public company, the food delivery service old shareholders it expects some of the tailwinds it experienced from stay-at-home orders across the U.S. will turn around once the country gets the virus under control. Shares sank 10% in Friday premarket. Even with that drop, DoorDash would still be up nearly 50% from its $102 per share offer price back in December. While DoorDash late Thursday reported $970 million in revenue in the fourth quarter, which beat estimates, it also reported an adjusted per-share loss of $2.67.

*****

#STOCK FUTURES CURRENTLY:
######(**[CLICK HERE FOR STOCK FUTURES CHARTS!](https://finviz.com/futures.ashx)**)

*****

#YESTERDAY'S MARKET MAP:
######(**[CLICK HERE FOR YESTERDAY'S MARKET MAP!](https://i.imgur.com/nQ4OULP.png)**)

*****

#TODAY'S MARKET MAP:
######(**[CLICK HERE FOR TODAY'S MARKET MAP!](https://finviz.com/map.ashx)**)

*****

#YESTERDAY'S S&P SECTORS:
######(**[CLICK HERE FOR YESTERDAY'S S&P SECTORS CHART!](https://i.imgur.com/fSUwJLJ.png)**)

*****

#TODAY'S S&P SECTORS:
######(**[CLICK HERE FOR TODAY'S S&P SECTORS CHART!](https://finviz.com/groups.ashx)**)

*****

#TODAY'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR TODAY'S ECONOMIC CALENDAR!](https://i.postimg.cc/CLJNnMp7/econcal3.png)**)

*****

#NEXT WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR NEXT WEEK'S ECONOMIC CALENDAR!](https://i.postimg.cc/L8XVtdHp/econcal1.png)**)

*****

#NEXT WEEK'S UPCOMING IPO'S:
######(**[CLICK HERE FOR NEXT WEEK'S UPCOMING IPO'S!](https://i.postimg.cc/66cRYHb5/ipos1.png)**)

*****

#NEXT WEEK'S EARNINGS CALENDAR:
######(**[CLICK HERE FOR NEXT WEEK'S EARNINGS CALENDAR!]()**)
(T.B.A. THIS WEEKEND.)

*****

#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.postimg.cc/9Mn4Hk6G/eram01.jpg)**)

*****

#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!](https://i.imgur.com/AqrZ1zR.png)**)

*****

#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!]()**)
(NONE.)

*****

#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.postimg.cc/x1Vhf1Yd/Screenshot-2021-02-25-at-4-26-19-PM.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.postimg.cc/5NCDWFhG/Screenshot-2021-02-25-at-4-26-56-PM.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.postimg.cc/DfDRNcML/Screenshot-2021-02-25-at-4-27-32-PM.png)**)

*****

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

*****

#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.postimg.cc/dVbYwpGv/divical1.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!](https://i.postimg.cc/GhSRSH24/divical2.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #3!](https://i.postimg.cc/13nSxsnJ/divical3.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #4!](https://i.postimg.cc/dt0vB8qM/divical4.png)**)

*****

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

* RKT
vDKNG
* QQQ
* CDXC
* BYND
* SPY
* ARKK
* CRM
* NNDM
* GS

*****

#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/02/26/stocks-making-the-biggest-moves-in-the-premarket-foot-locker-beyond-meat-doordash-more.html)**)

*****

> **Foot Locker (FL)** – Foot Locker shares tanked 12.1% in premarket trading after quarterly revenue came in below Street forecasts and comparable-store sales unexpectedly declined. The athletic apparel and footwear retailer also reported quarterly profit of $1.55 per share, beating consensus by 20 cents a share.

> #**STOCK SYMBOL:** FL

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

*****

> **DraftKings (DKNG)** – Shares of the online sports gambling company rose 3.2% in the premarket after DraftKings reported better-than-expected quarterly revenue and raised its full-year revenue forecast. The company said it is seeing a substantial increase in user activation due to marketing expenditures and further legalization of sports gambling.

> #**STOCK SYMBOL:** DKNG

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

*****

> **Cinemark (CNK)** – The movie theater operator’s stock dropped 2.6% in premarket action after it reported a wider-than-expected loss for its latest quarter. Cinemark was impacted by pandemic-related theater closures, although quarterly revenue did top Wall Street forecasts.

> #**STOCK SYMBOL:** CNK

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

*****

> **Salesforce.com (CRM)** – Salesforce earned $1.04 per share for its latest quarter, beating the consensus estimate of 75 cents a share. Revenue beat forecasts as well, however the business software giant gave a weaker-than-expected full-year profit forecast. Analysts are also expressing concern about the impact of the company’s acquisition of messaging platform Slack (WORK). Salesforce shares fell 4.4% in the premarket.

> #**STOCK SYMBOL:** CRM

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

*****

> **Rocket Companies (RKT)** – The parent of Quicken Loans and other financial service offerings reported quarterly earnings of $1.09 per share, compared to a consensus estimate of 87 cents a share. Revenue also topped forecasts. Rocket completed a year of record mortgage volume, and announced it would pay a special dividend of $1.11 per share. Rocket stock rose 9.1% in premarket trading.

> #**STOCK SYMBOL:** RKT

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

*****

> **AT&T (T)** – AT&T is spinning off its DirecTV and other pay-TV services into a separate company, with private-equity firm TPG Capital as a 30% owner of the new entity. The deal will provide AT&T with $8 billion in cash, which it will use to pay down debt. The deal values the pay-tv services at a combined $16.25 billion, compared to the $66 billion that AT&T paid for DirecTV alone in 2015.

> #**STOCK SYMBOL:** T

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

*****

> **Beyond Meat (BYND)** – Beyond Meat struck a three-year deal to be the preferred supplier for the McDonald’s (MCD) “McPlant” plant-based burger, and also struck an exclusive supply deal with Taco Bell parent Yum Brands (YUM). Investor enthusiasm over the deals helped erase losses that the stock had seen earlier after Beyond Meat reported a larger than expected quarterly loss. Beyond Meat shares jumped 6.2% in premarket trading.

> #**STOCK SYMBOL:** BYND

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

*****

> **Airbnb (ABNB)** – Airbnb reported a loss in its first quarter as a public company, but the company did see better than expected revenue as the pandemic prompted consumers to embrace local travel.

> #**STOCK SYMBOL:** ABNB

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

*****

> **Etsy (ETSY)** – Etsy earned $1.08 per share for its latest quarter, well above the 59 cents a share consensus estimate. The online crafts marketplace also saw revenue beat Wall Street forecasts. Etsy also issued an upbeat current-quarter forecast, and its shares rose 6% in premarket action.

> #**STOCK SYMBOL:** ETSY

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

*****

> **DoorDash (DASH)** – DoorDash reported better-than-expected sales during the fourth quarter, tripling year-ago levels as the pandemic prompted a surge in restaurant delivery orders. DoorDash is predicting a slowdown in orders, however, as Covid-19 vaccines roll out. Its shares tanked 11.4% in premarket trading.

> #**STOCK SYMBOL:** DASH

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

*****

> **Nikola (NKLA)** – Nikola shares fell 2.1% in the premarket after the electric vehicle maker said in a Securities and Exchange Commission filing that founder Trevor Milton had made several inaccurate statements about its technology. Nikola had previously denied issuing misleading communications to the public.

> #**STOCK SYMBOL:** NKLA

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

*****

> **WW International (WW)** – WW earned 18 cents per share for its latest quarter, short of the 32 cents a share consensus estimate. The Weight Watchers parent’s revenue beat estimates. WW is seeing strong growth in digital subscriptions but a decline when its virtual workshops are included. Shares sank 9.7% in the premarket.

> #**STOCK SYMBOL:** WW

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

*****

> **Workday (WDAY)** – Workday reported quarterly earnings of 73 cents per share, beating the 55 cents a share consensus estimate. The human resources software company’s revenue came in slightly above forecasts. Workday issued a weaker-than-expected forecast for subscription sales during this fiscal year, sending its shares down 7.2% in premarket trading.

> #**STOCK SYMBOL:** WDAY

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

*****

> **Groupon (GRPN)** – The daily deals company nearly doubled the 26 cents a share consensus estimate with quarterly earnings of 51 cents per share. Revenue also topped Wall Street forecasts. Its shares jumped 13.1% in the premarket.

> #**STOCK SYMBOL:** GRPN

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

*****

#**DISCUSS!**

What's on everyone's radar for today's trading day ahead here at r/StockMarket?

*****

# **I hope you all have an excellent trading day ahead today on this Friday, February 26th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/lsxpdb/226_fridays_premarket_stock_movers_news/

00vote
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments