(3/8) Monday’s Pre-Market Stock Movers & News – #stocks chatter

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(3/8) Monday's Pre-Market Stock Movers & News
#Good Monday morning traders and investors of the r/StockMarket sub! Welcome to the new trading week! Here are your pre-market stock movers & news on this Monday, March 8th, 2021-

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# [5 things to know before the stock market opens Monday](https://www.cnbc.com/2021/03/08/5-things-to-know-before-the-stock-market-opens-march-8-2021.html)

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> # 1. Nasdaq set for sharp drop after Friday’s comeback

> * U.S. stock futures were mostly lower Monday, with a sharp drop in the Nasdaq and tech names indicated to start the new week after Friday’s big turnaround. Tesla shed another 2% in the premarket after closing Friday below $600 per share for the first time since early December. The stock has lost a third of its value since its all-time intraday high in late January.

> * The Dow Jones Industrial Average, S&P 500 and Nasdaq on Friday all broke three-session losing streaks, with strong advances. For the week, the Dow and S&P 500 gained 1.8% and 0.8%, respectively. However, the Nasdaq dropped 2% last week. The Dow and S&P 500 were up nearly 3% and 2.3%, respectively, since the beginning of the year. The Nasdaq was just above breakeven ahead of Monday’s open.

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> # 2. Treasury yields rise after Senate Covid relief bill passage

> * Senate passage of the $1.9 trillion Covid relief bill Saturday wasn’t enough to put stocks in the green Monday as more economic stimulus on top of an already recovering economy continued to stoke inflation concerns. That’s pushing bond yields higher Monday, with the 10-year Treasury yield trading around 1.6%, shy of Friday’s one-year high. The 10-year yield has risen rapidly since the end of January, adding more than 0.5% in a little over a month.

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> # 3. Biden says direct payments of up to $1,400 going out soon

> * The Democratic-held House aims to pass the Senate-approved Covid stimulus package on Tuesday and then send it President Joe Biden for his signature. The bill approved in the Senate on Saturday comes with a smaller, compromise federal unemployment benefits boost and without a federal minimum wage increase. The legislation includes direct payments of up to $1,400 to most Americans, which Biden said Saturday could start going out within two weeks.

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> # 4. Stocks to watch: Disney, Comcast, GameStop, GE

> * Shares of Disney rose more than 1% in Monday’s premarket trading after California officials on Friday cleared theme parks to open at reduced capacity on April 1. They closed nearly a year ago due to the pandemic. The order includes Disneyland in the southern part of the state, Comcast’s Universal Studios Hollywood and others. Disney World in Florida and Universal Studios Orlando opened with capacity limits over the summer. Shares of Comcast, parent company of NBCUniversal and CNBC, fell in the premarket.

> * Shares of GameStop surged about 12% in Monday’s premarket after Bloomberg reported that the company tapped board member Ryan Cohen to guide the video game retailer’s transition to an e-commerce business. Cohen, a major GameStop investor and founder of online pet retailer Chewy, will lead a board task force on digital changes.

> * General Electric is nearing a $30 billion-plus deal to combine its aircraft leasing business with Ireland’s AerCap Holdings, according to The Wall Street Journal. GE Capital Aviation Services is one of the world’s biggest jet leasing companies and leases passenger aircraft made by companies including Boeing and Airbus. Shares of GE rose about 2.5% in Monday’s premarket.

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> # 5. Oil prices rise after Saudi Arabia facilities attacked

> * Brent crude, the international oil benchmark, rose above $70 per barrel Monday for the first time in more than a year. The surge came after Saudi Arabia said Sunday that its Saudi Aramco facilities were targeted by missiles and drones. Yemen’s Iran-aligned Houthi movement claimed responsibility for the attack. West Texas Intermediate crude, the U.S. benchmark, also moved higher, trading above $66 at nearly a two-year high.

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

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#LAST WEEK'S MARKET MAP:
######(**[CLICK HERE FOR LAST WEEK'S MARKET MAP!](https://i.imgur.com/FRJJ3iS.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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#LAST WEEK'S S&P SECTORS:
######(**[CLICK HERE FOR LAST WEEK'S S&P SECTORS CHART!](https://i.imgur.com/kRqhZYq.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/twmiyPt.png)**)

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#THIS WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!](https://i.imgur.com/6Gawyx5.png)**)

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

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

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#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.imgur.com/8Yu6xEv.png)**)

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

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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES!](https://i.imgur.com/H8HmkUK.png)**)

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#FRIDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/530wcow.png)**)
######(**[CLICK HERE FOR FRIDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/7ZHSqwf.png)**)

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#FRIDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS LINK #1!](https://i.imgur.com/W335rhg.png)**)
######(**[CLICK HERE FOR FRIDAY'S INSIDER TRADING FILINGS LINK #2!](https://i.imgur.com/j6xhq5t.png)**)

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

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

* GNOG
* EYES
* XPEV
* XL
* VET.X
* LOTZ
* MOS
* AYRO
* AMC
* SPY

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#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/03/08/stocks-making-the-biggest-moves-in-the-premarket-athene-apollo-global-ge-aercap-more.html)**)

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> **Apollo Global (APO), Athene (ATH)** – The private-equity firm’s shares gained 8% in premarket trading following news that it will merge with retirement services company Athene in an all-stock transaction that values Athene at about $11 billion. Athene shares surged 19.6%.

> #**STOCK SYMBOL:** APO

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

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> **McAfee (MCFE)** – The cybersecurity company’s shares jumped 10.9% in premarket trading, following news that it sold its enterprise business to privately held Symphony Technology Group for $4 billion in cash.

> #**STOCK SYMBOL:** MCFE

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

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> **Walt Disney (DIS)** – Disney will be able to reopen Disneyland after more than a year. California officials cleared theme parks and stadiums to open at reduced capacity on April 1. Separately, Disney’s “Raya and the Last Dragon” topped the weekend box office with $8.6 million in ticket sales, though that opening was muted after movie theater chain Cinemark (CNK) declined to show the film. Disney rose 1.5% premarket.

> #**STOCK SYMBOL:** DIS

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

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> **General Electric (GE)** – GE is near a $30 billion deal to merge its aircraft leasing business with Ireland’s AerCap (AER), according to people familiar with the matter who spoke to The Wall Street Journal. An announcement is expected as soon as today, in what would be the latest restructuring move by GE. Its stock jumped 2.3% in the premarket, while AerCap shares surged 12.3%.

> #**STOCK SYMBOL:** GE

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

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> **Adaptive Biotechnologies (ADPT)** – Adaptive Biotechnologies received emergency use authorization from the Food and Drug Administration for its “T-Detect” test which confirms a recent or prior Covid-19 infection in patients. Its shares soared 11.3% in premarket action.

> #**STOCK SYMBOL:** ADPT

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

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> **AT&T (T)** – AT&T said Securities and Exchange Commission accusations against three employees are meritless and vowed to challenge them. The SEC alleges that the employees selectively shared information about smartphone sales in 2016, which prompted those analysts to lower their revenue forecasts.

> #**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)**)

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> **Bumble (BMBL)** – The dating service operator received a number of positive analyst recommendations, with Cowen rating the stock “outperform” in new coverage and Stifel and Citi initiating coverage with a “buy” rating, and Bumble shares rose 3.4% Friday. Analysts feel that Bumble is poised for a post-pandemic jump in usage. Despite the positive recommendations, the stock fell 2.8% in premarket trading.

> #**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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> **GameStop (GME)** – The video game retailer’s stock continues its volatile trading amid more Reddit-related momentum, up 11.4% in the premarket after rising for three straight sessions at the end of last week.

> #**STOCK SYMBOL:** GME

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

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> **Xpeng (XPEV)** – The China-based electric vehicle maker’s shares gained 2.2% in premarket trading after it reported a loss of $120.7 million for its latest quarter, 42% smaller than it had been in the year-ago quarter. Xpeng competitor Nio (NIO) fell 3.1% in premarket action after Jeffries cut its price target on the stock to $38.80 from $60.

> #**STOCK SYMBOL:** XPEV

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

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> **Facebook (FB)** – A racial bias investigation of Facebook by the Equal Employment Opportunity Commission has been designated as “systemic,” according to attorneys for four plaintiffs who spoke to Reuters. The plaintiffs are accusing Facebook of bias in hiring and promotions, although the EEOC has not brought any allegations against the social media giant and the investigation may not result in any findings of wrongdoing. Facebook lost 1% in premarket trading.

> #**STOCK SYMBOL:** FB

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

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> **Coherent (COHR)** – Coherent said a revised takeover proposal from optical electronics maker II-VI (IIVI) is superior to its pending merger agreement with Lumentum (LITE). Coherent – a developer of laser-based technology – gave Lumentum until 11:59 p.m. PT on March 11 to submit a revised proposal, or it intends to accept II-VI’s proposal of $170 per share in cash and 1.0981 shares of II-VI common stock for each Coherent share. II-VI stock fell 2.2% in the premarket.

> #**STOCK SYMBOL:** COHR

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

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> **VF Corp (VFC)** – VF was upgraded to “buy” from “hold” at Pivotal Research, which cited a variety of factors including relatively easy comparable sales comparisons for Vans and a positive outlook for North Face and Timberland.

> #**STOCK SYMBOL:** VFC

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

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> **Pearson (PSON)** – Pearson shares jumped 5.9% in premarket action after the educational publishing company announced a strategy update that more directly targets consumers.

> #**STOCK SYMBOL:** PSON

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

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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 Monday, March 8th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/m0g046/38_mondays_premarket_stock_movers_news/

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