(3/25) Thursday’s Pre-Market Stock Movers & News – #stocks chatter

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(3/25) 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, March 25th, 2021-

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# [5 things to know before the stock market opens Thursday](https://www.cnbc.com/2021/03/25/5-things-to-know-before-the-stock-market-opens-thursday-march-25.html)

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> # 1. Stock futures turn lower after Fed chief Powell comments

> * U.S. stock futures turned lower Thursday after Federal Reserve Chairman Jerome Powell told NPR’s “Morning Edition” that Covid economic stimulus and vaccinations allowed the U.S. economy to recover faster than expected and that central bankers, at some point, may be able to pull back emergency support.

> * Late-day selling reversed gains and dragged the S&P 500 down 0.6% on Wednesday. The Dow Jones Industrial Average dipped lower in the final seconds of Wednesday’s session. The Nasdaq dropped 2% after a slightly higher open gave way to a day of selling. Tech stocks were lower despite the 10-year Treasury yield holding below recent a 14-month high as a market rotation out of high-flying growth names continued. The Nasdaq last closed at a record last month. The Dow and S&P 500 last closed at record highs last week.

> * The Labor Department is set to report its weekly look at jobless claims at 8:30 a.m. ET, one hour before the stock market opens. Economists expect 735,000 new filings for unemployment benefits last week. That would be down 35,000 from the prior week, which saw an unexpected jump even as many states relaxed Covid mitigation restrictions on businesses.

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> # 2. AstraZeneca revises Covid vaccine data with lower efficacy rate

> * AstraZeneca late Wednesday issued updated Covid vaccine numbers from its late-stage trial in the U.S. and Latin America after U.S. health officials earlier this week questioned the accuracy of preliminary data. The U.K.-based drug giant now said its vaccine is 76% effective in protecting against symptomatic cases of virus. A release issued on Monday reported an efficacy rate of 79%. AstraZeneca reiterated its two-shot regimen was “well tolerated” among participants and no safety concerns were identified.

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> # 3. Biden to hold first news conference of presidency

> * The White House announced Thursday that it’s dedicating another $10 billion to try to drive up vaccination rates in low-income, minority and rural communities. More than 25% of the entire U.S. population received at least one vaccine dose, including 14% who have been fully vaccinated. The vaccines from Pfizer and Moderna require two shots, while Johnson & Johnson’s vaccine is only one shot.

> * Against the backdrop of rising Covid cases in many states and more than 30 million total U.S. infections, President Joe Biden is set to hold his first news conference. He’s expected to point to a surge in vaccinations, encouraging signs in the economy and the benefits Americans will receive from the latest sweeping stimulus package. He’s also likely to face a wide range of questions from U.S.-Mexico border security to gun control in the wake of mass shootings in Colorado and Georgia.

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> # 4. Oil prices slide as Covid concerns outweigh Suez Canal disruptions

> * Oil prices fell Thursday as fuel demand concerns re-emerged alongside worries about steps back in the global fight against Covid. Prices of U.S. benchmark West Texas Intermediate crude and the Brent international benchmark each dropped roughly 2%, one day after they both surged nearly 6% on the crude shipping disruptions caused by the grounding of a giant container ship in the Suez Canal, a major trade route. It could “take weeks” to clear, according to the CEO of a Dutch company helping with the salvage efforts.

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> # 5. Lawmakers to press tech CEOs over speech, misinformation

> * Big Tech leaders Thursday are scheduled to testify at a virtual House panel hearing on efforts to prevent their platforms from spreading falsehoods and inciting violence. Facebook CEO Mark Zuckerberg, Twitter CEO Jack Dorsey and Alphabet CEO Sundar Pichai, whose company owns Google and YouTube, will face increased pressure following the Jan. 6 insurrection at the U.S. Capitol and the rise in Covid vaccine misinformation. There’s increasing support in Congress for imposing new curbs on legal protections regarding speech posted online.

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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/5k9F2Oq.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/Uu2txyb.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/XJeNUnb.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 LINK #1!](https://i.imgur.com/dhb2AU0.png)**)
######(**[CLICK HERE FOR THIS WEEK'S UPCOMING IPO'S LINK #2!](https://i.imgur.com/PjMcv18.png)**)

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

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#THIS MORNING'S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING'S EARNINGS CALENDAR!](https://i.imgur.com/PDSRW7k.jpg)**)

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

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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON'S EARNINGS RELEASES LINK!](https://i.imgur.com/Gak7U21.png)**)

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#YESTERDAY'S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/x8QRFvs.png)**)
######(**[CLICK HERE FOR YESTERDAY'S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/FSEhCqn.png)**)

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#YESTERDAY'S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR YESTERDAY'S INSIDER TRADING FILINGS!](https://i.imgur.com/2A81iAH.png)**)

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#TODAY'S DIVIDEND CALENDAR:
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #1!](https://i.imgur.com/a2l1bVx.png)**)
######(**[CLICK HERE FOR TODAY'S DIVIDEND CALENDAR LINK #2!](https://i.imgur.com/ymtSMSw.png)**)

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

* BFT
* CODX
* WKEY
* QS
* NKE
* MOMO
* IWM
* HPR
* SSNT
* ACB

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#THIS MORNING'S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/03/25/stocks-making-the-biggest-moves-in-the-premarket-rite-aid-coherent-rh-nike-more.html)**)

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> **Rite Aid (RAD)** – Rite Aid expects to report a loss for its just-concluded fiscal year, compared to analysts’ forecasts of a $125 million profit. The drugstore chain was hit by a 37% drop in sales of cold, cough and flu-related products, as people suffered from these maladies far less due to pandemic-related lockdowns. Rite Aid shares plunged 18.6% in premarket action.

> #**STOCK SYMBOL:** RAD

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

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> **Walgreens (WBA)** – The drugstore operator’s stock fell 2% in the premarket, possibly in sympathy with Rite Aid. Deutsche Bank also labeled the stock a “catalyst call buy idea,” noting short-term issues but saying the Covid vaccine could provide a positive opportunity for Walgreens in both the near and longer-term.

> #**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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> **Darden Restaurants (DRI)** – The parent of Olive Garden and other restaurant chains reported quarterly earnings of 98 cents per share, well above the consensus estimate of 69 cents a share. Revenue beat estimates as well, and although same-restaurant sales tumbled 26.7% from a year ago, that was a smaller drop than the 31.2% anticipated by analysts polled by FactSet. Darden shares rose 4.2% in premarket trading.

> #**STOCK SYMBOL:** DRI

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

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> **Coherent (COHR)** – Coherent accepted a takeover proposal by optical components maker II-VI (IIVI), ending a long bidding battle between II-VI and optical fiber company Lumentum (LITE). Coherent – a provider of lasers and related technology – approved the bid of $220 per share in cash and 0.91 II-VI shares for each Coherent share, and will pay Lumentum a breakup fee of $217.6 million. II-VI tumbled 8% while Lumentum jumped 7.2% 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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> **RH (RH)** – RH reported quarterly earnings of $5.07 per share, beating the consensus estimate of $4.76 a share. The Restoration Hardware parent also saw revenue beat analysts’ forecasts. RH reported strong demand for its high-end furniture and other luxury products, and expects current-quarter revenue to grow by at least 50%. RH shares surged 8.4% in premarket action.

> #**STOCK SYMBOL:** RH

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

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> **KB Home (KBH)** – KB Home beat estimates by 10 cents a share, with quarterly profit of $1.02 per share. The home builder’s revenue missed analysts’ projections despite a 23% rise in net orders and a 4% increase in deliveries. KB Home shares dropped 1.9% in premarket trading.

> #**STOCK SYMBOL:** KBH

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

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> **AstraZeneca (AZN)** – The drugmaker said an updated analysis of its Covid-19 vaccine’s U.S. trial showed 76% efficacy, compared to 79% in a report earlier this week. The earlier report had not included more recent infections and came under some scrutiny from an independent data monitoring board.

> #**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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> **Nike (NKE)** – Nike is the target of criticism on Chinese social media for a statement in which the athletic footwear and apparel maker said it was “concerned” about reports of forced labor in Xinjiang. Nike also said it does not source products from the region. The shares fell 4.5% in premarket trading.

> #**STOCK SYMBOL:** NKE

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

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> **H.B. Fuller (FUL)** – H.B. Fuller reported quarterly profit of 66 cents per share, 19 cents a share above estimates. Revenue also topped Wall Street forecasts. The maker of adhesives, sealants and other industrial products saw particular strength in health and hygiene-related products, although it saw weakness in construction adhesives. Fuller shares surged 6.2% in premarket action.

> #**STOCK SYMBOL:** FUL

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

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> **Royal Philips (PHG)** – The health technology company struck a deal to sell its Domestic Appliances unit to investment firm Hillhouse Capital for about $4.4 billion. The transaction includes the right for Hillhouse to use the Philips brand name for 15 years, with the possibility of renewal. Philips shares added 1.6% in the premarket.

> #**STOCK SYMBOL:** PHG

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

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> **Advanced Micro Devices (AMD)** – The chip maker’s stock rose 1% in premarket trading after Northland Capital Markets upgraded the stock to “outperform” from “market perform.” Northland called Intel’s (INTC) move to re-enter the foundry business as a “strategic faux pas” and said AMD stood to benefit as a result.

> #**STOCK SYMBOL:** AMD

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

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> **ViacomCBS (VIAC)** – The media company’s stock remains on watch after a more than 30% tumble over the past two sessions. That followed the company’s announcement that it would raise $3 billion through stock sales. It fell another 1.1% in the premarket.

> #**STOCK SYMBOL:** VIAC

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

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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, March 25th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/mcxc87/325_thursdays_premarket_stock_movers_news/

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