(3/16) Tuesday’s Pre-Market Stock Movers & News – #stocks chatter

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(3/16) 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, March 16th, 2021-

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# [5 things to know before the stock market opens Tuesday](https://www.cnbc.com/2021/03/16/5-things-to-know-before-the-stock-market-opens-march-16-2021.html)

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> # 1. Stock futures mixed after Dow, S&P 500 closed at record highs again

> * U.S. stock futures were mixed Tuesday, with the Dow Jones Industrial Average and S&P 500 little changed after they both closed again at record highs to start the week. Nasdaq futures rose Tuesday, adding to Monday’s 1.1% gain, which moved the tech-heavy index to just 4.5% away from last month’s record high close.

> * Stocks were able to shake off the 10-year Treasury yield holding around 1.6% on Monday and Tuesday, after hitting an over one-year high of 1.642% on Friday. Rapidly rising bond yields have recently been a drag on growth stocks as higher interest rates erode the value of future profits and compress market valuations.

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> # 2. Fed to begin March meeting with polices under scrutiny

> * The Federal Reserve, which begins its two-day March meeting Tuesday, will be watching bond yields and the latest reading on retail sales. Economists expect the government’s February data to show a 0.4% increase in retail sales following a 5.3% surge in January. With the Fed’s extraordinarily easy monetary measures during Covid under scrutiny, the nation’s central bank is set to release new economic and interest rate forecasts along with its policy statement Wednesday afternoon.

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> # 3. Moderna studies Covid vaccine in kids; more countries halt AstraZeneca

> * Moderna has started testing its Covid vaccine in children ranging in age from six months to less than 12 years old. The mid-to-late stage study intends to enroll about 6,750 kids in the U.S. and Canada. In a separate study, which began in December, Moderna is also testing its vaccine in adolescents between 12 and 18 years old. The two-shot vaccine has already been authorized for emergency use in Americans 18 and older.

> * Sweden and Latvia on Tuesday joined a fast-growing list of European nations suspending use of AstraZeneca’s Covid vaccine as health regulators proceed with a new review into its side effects after reports of blood clots. Germany, France, Italy and Spain on Monday said they would all stop administering it. However, the World Health Organization and Europe’s drug regulator have recommended that countries continue to use AstraZeneca’s two-shot regimen.

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> # 4. Regulators investigating ‘violent’ Tesla crash; Autopilot not ruled out yet

> * The National Highway Traffic Safety Administration is investigating what it calls “violent” crash involving a Tesla sedan and a tractor trailer last week in Detroit. Authorities have not yet said whether the electric car maker’s Autopilot, Full Self-Driving or FSD beta may have contributed to the accident. The NHTSA has previously embarked on probes into more than a dozen crashes that were thought to involve Tesla’s advanced driver assist systems.

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> # 5. OxyContin maker Purdue proposes $10 billion plan to exit bankruptcy

> * OxyContin maker Purdue Pharma is proposing a $10 billion plan to emerge from bankruptcy protection. Those efforts would include a significant boost, more than $4 billion, from members of the Sackler family who own the Connecticut-based company. Court documents show Purdue officials continued to push to maintain sales of OxyContin even as it became clear the drug was being abused. Complicated litigation is playing out in courts across the country in efforts to hold the drug industry accountable for the nation’s opioid crisis.

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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/fJsv2yG.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/NXDPfEX.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/DoTg1XR.png)**)

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#THIS WEEK'S ECONOMIC CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S ECONOMIC CALENDAR!](https://i.imgur.com/AUV1ojJ.png)**)

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#THIS WEEK'S UPCOMING IPO'S:
######(**[CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S!](https://i.imgur.com/GhTB185.png)**)

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#THIS WEEK'S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK'S EARNINGS CALENDAR!](https://i.imgur.com/1a03fHd.png)**)

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#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.imgur.com/T7Dlpgl.jpg)**)

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

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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK!](https://i.imgur.com/4HxPfWV.png)**)

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#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/AyZMN25.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/JPFZh6F.png)**)

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#YESTERDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!](https://i.imgur.com/9dPxeS8.png)**)

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#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR!](https://i.imgur.com/a8nffZq.png)**)

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

* FCEL
* CLSK
* GNOG
* AMC
* GME
* LKNCY
* ANVS
* NKLA
* BABA
* F

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#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/03/16/stocks-making-the-biggest-moves-in-the-premarket-astrazeneca-moderna-.html)**)

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> **AstraZeneca (AZN)** – AstraZeneca’s Covid-19 vaccine will be recommended for people aged 65 and older in Canada, according to a CBC report. That news comes after several European countries suspended use of the vaccine, amid reports of side effects. Both the World Health Organization and AstraZeneca say the vaccine is safe. AstraZeneca gained 2.3% in premarket trading.

> #**STOCK SYMBOL:** AZN

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

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> **Moderna (MRNA)** – The drugmaker began a study of its Covid-19 vaccine involving children aged 6 months to 11 years. Moderna’s vaccine – along with Johnson & Johnson’s (JNJ) – is currently authorized for adults 18 and older, while the vaccine from Pfizer (PFE) and BioNTech (BNTX) is allowed for people 16 and older. Moderna shares rose 1.8% premarket.

> #**STOCK SYMBOL:** MRNA

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

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> **Starbucks (SBUX)** – The coffee chain’s stock rose 1.6% in the premarket after BTIG upgraded it to “buy” from “neutral.” BTIG said a recovery by Starbucks is gaining steam and that stimulus checks could provide an additional boost.

> #**STOCK SYMBOL:** SBUX

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

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> **Designer Brands (DBI)** – The footwear and accessories retailer formerly known as DSW reported a quarterly loss of 53 cents per share, smaller than the 68 cents a share loss that analysts were anticipating. Revenue was below consensus, although comparable-store sales fell slightly less than expected. The company said the sequential improvement in performance continued during the quarter.

> #**STOCK SYMBOL:** DBI

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

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> **Fintech Acquisition (FTCV)** – The special purpose acquisition company will combine with trading platform eToro and take the Robinhood rival public. The combination will have an estimated value of $10.4 billion. Shares of Fintech Acquisition surged 14.7% in premarket trading.

> #**STOCK SYMBOL:** FTCV

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

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> **DraftKings (DKNG)** – Shares of the sports betting company rose 1.2% in premarket action after it priced an upsized debt offering of $1.1 billion in convertible senior notes. DraftKings had originally planned a $1 billion offering.

> #**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)**)

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> **Walgreens (WBA)** – Walgreens was sued by the Arkansas attorney general, who accused the drugstore and pharmacy operator of helping fuel the opioid crisis in the state. Walgreens said health and safety have always been the primary focus of its pharmacists and that it would defend itself vigorously against the suit.

> #**STOCK SYMBOL:** WBA

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

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> **Nikola (NKLA)** – Nikola fell 2.9% in premarket trading after it filed to raise $100 million through a secondary stock offering. The electric vehicle maker said it intends to use the proceeds for general corporate purposes.

> #**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)**)

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> **AbbVie (ABBV)** – The drugmaker is in talks to sell a portfolio of women’s drugs worth approximately $5 billion, according to sources familiar with the matter who spoke to Reuters. The treatments were acquired last year through AbbVie’s $63 billion purchase of Allergan.

> #**STOCK SYMBOL:** ABBV

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

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> **News Corp (NWSA)** – News Corp signed a content supply deal with Facebook (FB) in Australia, resolving a dispute that had seen Facebook withhold all media content in Australia for a week in February. News Corp shares jumped 1.9% in the premarket.

> #**STOCK SYMBOL:** NWSA

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

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> **Alibaba (BABA)** – The e-commerce giant is being pressured by the Chinese government to dispose of its media assets, according to people familiar with the matter who spoke to The Wall Street Journal. The government is said to be concerned with Alibaba’s sway over public opinion. Shares fell 1% in premarket trading.

> #**STOCK SYMBOL:** BABA

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

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> **Ulta Beauty (ULTA)** – The cosmetics retailer’s stock fell 1% premarket after Guggenheim downgraded it to “neutral” from “buy.” Guggenheim cites profit margin uncertainty amid rising competitive pressure on digital platforms.

> #**STOCK SYMBOL:** ULTA

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

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> **Avis Budget (CAR)** – The car rental company’s stock was downgraded to “equal-weight” from “overweight” at Morgan Stanley. The firm notes a more than 90% increase in the stock year-to-date, which it said prices in the improvements in Avis Budget’s earnings performance. Shares were down 1.2% in premarket trading.

> #**STOCK SYMBOL:** CAR

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

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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, March 16th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/m687fl/316_tuesdays_premarket_stock_movers_news/

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