(3/3) Wednesday’s Pre-Market Stock Movers & News – #stocks chatter

0
557

(3/3) Wednesday's Pre-Market Stock Movers & News
#Good morning traders and investors of the r/StockMarket sub! Welcome to Wednesday! Here are your pre-market stock movers & news on this Wednesday, March 3rd, 2021-

*****

# [5 things to know before the stock market opens Wednesday](https://www.cnbc.com/2021/03/03/5-things-to-know-before-the-stock-market-opens-march-3-2021.html)

*****

> # 1. Dow futures jump after Tuesday’s early gain fizzles and reverses

> * The Dow is set to rise 200 points Wednesday after late-day selling reversed strong gains earlier in Tuesday’s session. Coming off their best days since November, the 30-stock average Tuesday fell 0.5% and the Nasdaq dropped 1.7% as tech stocks pulled back. The S&P 500 slid 0.8%, a day after its biggest one-day advance since June.

> * The latest ADP report on private sector employment is set for release at 8:30 a.m. ET, one hour before Wall Street’s open. U.S. companies are expected to have added 225,000 new jobs in February compared to January of gains 174,000 positions. The ADP lately has not been the best predictor of the government’s monthly jobs report, which comes out Friday.

*****

> # 2. Senate to begin debate soon on $1.9 trillion Covid relief bill

> * The Senate is expected to start debate as soon as Wednesday on its version of the House-passed, $1.9 trillion Covid relief bill. However, it excludes a federal minimum wage boost to $15 per hour. President Joe Biden on Tuesday urged Democrats to stand united and approve the measure, even as some party moderates sought to dial back parts of the package. Democrats, with the slimmest of margins in the Senate, are using special rules that would allow them to pass the bill without GOP support.

*****

> # 3. U.S. will have enough Covid vaccines for ‘every adult’ by end of May

> * The U.S. will have a large enough supply of coronavirus vaccines to inoculate “every adult in America” by the end of May, two months earlier than previously expected, Biden said at the White House on Tuesday. The announcement came as the administration works to increase production of Johnson & Johnson’s newly cleared single-shot vaccine, and rival Merck agrees to pitch in.

> * The Republican governors of Texas and Mississippi both announced Tuesday that they’re lifting mask mandates in their states and allowing businesses to reopen at full capacity even as the decline in new daily Covid-19 cases slows. CDC Director Dr. Rochelle Walensky on Monday warned states against lifting public health restrictions too quickly.

*****

> # 4. America’s biggest firms push for path to citizenship for ‘Dreamers’

> * America’s biggest companies are urging Congress to establish a permanent path to citizenship for undocumented immigrants brought to the U.S. as children. In a letter Wednesday, a coalition of more than 100 companies and trade associations — including Facebook, General Motors, Marriott, Target, Visa and Uber — asked Senate leaders Chuck Schumer, D-N.Y., and Mitch McConnell, R-Ky., to pass the bipartisan Dream Act of 2021. The move comes as Biden and Democrats on Capitol Hill look to immigration as a major legislative priority.

*****

> # 5. Stocks to watch: Rocket Companies, Las Vegas Sands, Oscar Health

> * Rocket Companies fell 6% in Wednesday’s premarket trading after more than doubling over the past three sessions. On Tuesday, the Quicken Loans and Rocket Mortgage parent surged over 71% on no apparent news. The heavily shorted stock appears to have garnered bullish interest from day traders on Reddit’s WallStreetBets forum.

> * Casino operator Las Vegas Sands said Wednesday it would sell its Vegas real estate and operations to private equity giant Apollo Global Management for about $6.25 billion. The properties include the Venetian Resort Las Vegas and the Sands Expo and Convention Center. Shares of Las Vegas Sands were up almost 3% in the premarket. Apollo fell nearly 1%.

> * Oscar Health is set to debut Wednesday on the New York Stock Exchange. The health insurance startup backed by Google-parent Alphabet priced its initial public offering Tuesday evening at $39 per share, above the already-raised expected range of $36 to $38. The IPO gives Oscar Health a market value of $7.7 billion ahead of trading.

*****

#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/mFJEZLD.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/DZktsvp.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 LINK #1!](https://i.postimg.cc/Yq2hHN9S/econcal1.png)**)
######(**[CLICK HERE FOR TODAY'S ECONOMIC CALENDAR LINK #2!](https://i.postimg.cc/FFV78Chq/econcal2.png)**)

*****

#THIS WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!](https://i.imgur.com/zRvHdP7.png)**)

*****

#THIS WEEK'S UPCOMING IPO'S:
######(**[CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!](https://i.imgur.com/PbURZ3R.png)**)

*****

#THIS WEEK'S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!](https://i.imgur.com/oqzviWR.png)**)

*****

#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.imgur.com/HGdMXO8.jpg)**)

*****

#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS RELEASES!](https://i.imgur.com/978P5c5.png)**)

*****

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

*****

#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.postimg.cc/d0wfH06g/upgradesdowngrades1.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.postimg.cc/52wGSzBw/upgradesdowngrades2.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.postimg.cc/nh8gm2DF/upgradesdowngrades3.png)**)

*****

#YESTERDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS LINK #1!](https://i.imgur.com/85n5bWw.png)**)
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS LINK #2!](https://i.imgur.com/3PemF5S.png)**)

*****

#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!](https://i.imgur.com/0YIFXZl.png)**)

*****

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

* OCGN
* KMPH
* RKT
* TRXC
* UWMC
* OVID
* FUBO
* DIA
* HZON
* GENE

*****

#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/03/03/stocks-making-the-biggest-moves-in-the-premarket-lyft-las-vegas-sands-wendys-more.html)**)

*****

> **Lyft (LYFT)** – The ride-hailing company said that last week saw the highest level of ride volume since the pandemic took hold last March. As a result, Lyft expects to report a smaller quarterly loss than it had previously projected. Lyft shares jumped 5.6% in premarket trading.

> #**STOCK SYMBOL:** LYFT

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

*****

> **Las Vegas Sands (LVS)** – The casino operator’s shares rose 3% in the premarket after it announced a deal to sell its Las Vegas properties to private-equity firms Apollo Global (APO) and VICI Properties for $6.25 billion. The sale includes The Venetian Resort Las Vegas and the Sands Expo and Convention Center. Apollo Global shares gained 2.1%.

> #**STOCK SYMBOL:** LVS

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

*****

> **Wendy’s (WEN)** – The restaurant chain missed estimates by a penny a share, with quarterly earnings of 17 cents per share. Revenue came in short of forecasts as well. Global comparable sales rose 4.7%, shy of the FactSet consensus estimate of 5.7% due primarily to international weakness. Its shares fell 3.3% in the premarket.

> #**STOCK SYMBOL:** WEN

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

*****

> **Dollar Tree (DLTR)** – The discount retailer earned $2.13 per share for the fourth quarter, beating estimates by 2 cents a share. Revenue essentially was in line with expectations. Comparable-store sales rose 4.9%, short of the 5.5% estimate of analysts surveyed by FactSet. The company’s shares fell 2% in the premarket.

> #**STOCK SYMBOL:** DLTR

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

*****

> **Hewlett Packard Enterprise (HPE)** – HPE beat estimates by 11 cents a share, with quarterly earnings of 52 cents per share. The enterprise computing hardware maker’s revenue came in above forecasts as well. The company issued strong guidance for both the current quarter and full year, as it continues to benefit from the pandemic-inspired digital transformation.

> #**STOCK SYMBOL:** HPE

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

*****

> **Box (BOX)** – Box reported quarterly earnings of 22 cents per share, 5 cents a share above estimates. Revenue beat projections as well. The online data storage company also issued a better-than-expected full-year outlook and expects that the current quarter will see revenue above $200 million for the first time.

> #**STOCK SYMBOL:** BOX

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

*****

> **Nordstrom (JWN)** – Nordstrom earned 21 cents per share for its latest quarter, 7 cents a share above estimates. The retailer also reported better-than-expected revenue. Nordstrom was helped by a boost in digital sales as well as growth in its off-price operation, but the retailer warned that it would have to clear excess holiday inventory through that off-price channel. Shares fell 2.6% in premarket action.

> #**STOCK SYMBOL:** JWN

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

*****

> **FuboTV (FUBO)** – FuboTV reported quarterly revenue in excess of $100 million for the first time, with the live sports streaming company reporting a better-than-expected $105.1 million in sales. Subscriber numbers jumped 73% from a year earlier to a total of 548,000. Its shares fell 4% in the premarket, however, following a nearly 50% year-to-date jump.

> #**STOCK SYMBOL:** FUBO

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

*****

> **Rocket Companies (RKT)** – Rocket shares have been volatile in premarket trading after more than doubling over the past three sessions. The Quicken Loans and Rocket Mortgage parent has been garnering increasing attention in online forums, with investors noting the high level of short interest. Rocket shares fell 5.5% in premarket action.

> #**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)**)

*****

> **Urban Outfitters (URBN)** – Urban Outfitters beat estimates by 2 cents a share, with quarterly earnings of 30 cents per share. The apparel retailer’s revenue fell slightly below Wall Street forecasts, however, and gross profit margins dropped more than 3 percentage points from a year earlier. Its shares fell 1.6% in the premarket.

> #**STOCK SYMBOL:** URBN

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

*****

> **Ross Stores (ROST)** – Ross Stores sank 3.1% in the premarket after it reported quarterly earnings of 67 cents per share, below the $1.00 a share consensus estimate. The discount retailer’s revenue came in below estimates as well, hurt by pandemic-related store closures in California.

> #**STOCK SYMBOL:** ROST

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

*****

#**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 Wednesday, March 3rd, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/lwu0fq/33_wednesdays_premarket_stock_movers_news/

This site uses Akismet to reduce spam. Learn how your comment data is processed.