Home stocks stocknews (2/8) Monday’s Pre-Market Stock Movers & News – #stocks chatter

(2/8) Monday’s Pre-Market Stock Movers & News – #stocks chatter

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(2/8) Monday’s Pre-Market Stock Movers & News – #stocks chatter

(2/8) Monday’s Pre-Market Stock Movers & News
#Good 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-

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# [5 things to know before the stock market opens Monday](https://www.cnbc.com/2021/02/08/5-things-to-know-before-the-stock-market-opens-february-8-2021.html)

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> # 1. Wall Street set to rise after best week since November

> * Dow futures pointed to an over 100 points gain at Monday’s open, an advance that would exceed the 30-stock average’s closing record and could top its intraday all-time high, both of which happened last month. The S&P 500 and Nasdaq on Friday closed at record highs, while the Dow’s gain was about 40 points shy of a closing record as a disappointing January jobs report boosted hopes for further economic stimulus to help Americans and U.S. businesses during the pandemic. All three stock benchmarks logged their best weeks since November. The Reddit-fueled trading frenzy around short-squeeze names receded as shares of GameStop lost 70% last week, even with Friday’s 19% gain. The previous week, the video game retailer’s stock soared 400%. Shares rose 12% in Monday’s premarket trading.

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> # 2. Tesla invests $1.5 billion in bitcoin, which soared to all-time high

> * Tesla, in a SEC filing, said the electric auto maker has purchased $1.5 billion worth of bitcoin after changing its investment policy last month. Bitcoin soared over $43,000 in an all-time high Monday. The Tesla filing also said, “We expect to begin accepting bitcoin as a form of payment for our products in the near future, subject to applicable laws and initially on a limited basis, which we may or may not liquidate upon receipt.” Tesla CEO Elon Musk has been talking up bitcoin and dogecoin, another cryptocurency, in recent tweets. Shares of Tesla rose in Monday’s premarket trading.

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> # 3. Yellen says Biden stimulus could result in full employment next year

> * The U.S. economy could return to full employment in 2022 if President Joe Biden’s $1.9 trillion coronavirus rescue package were passed, Treasury Secretary Janet Yellen said Sunday. Long-term unemployment is around a historical peak. While Biden has said he wants to get GOP support for his Covid relief measure, Democrats are taking steps toward passing his approach without any Republican votes. Republicans have opposed the $1.9 trillion price tag and called for lowering the income cap for receiving the full $1,400 direct payment.

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> # 4. Trump impeachment trial starts this week

> * Pennsylvania Sen. Pat Toomey, one of Donald Trump’s harshest Republican critics in the wake of the Jan. 6 attack on the U.S. Capitol, said Sunday he sees a conviction of the former president at his impeachment trial as “very unlikely.” Trump’s unprecedented second Senate impeachment trial will start on Tuesday. With a 50-50 split in the Senate, it would take 17 Republicans voting with every Democrat to convict. If Senate does so, it could also vote to bar Trump from holding office again or getting certain perks reserved for former presidents.

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> # 5. South Africa suspends plans to use AstraZeneca’s Covid-19 vaccine

> * South Africa has suspended plans to inoculate its frontline health care workers with AstraZeneca’s vaccine after a small clinical trial suggested it was not effective in preventing mild to moderate illness from the variant dominant in that country. The disappointing early results from the study, which has yet to be peer-reviewed, indicated that giving the AstraZeneca vaccine may not be useful in South Africa. In the U.S., AstraZeneca’s vaccine has not been approved. Only vaccines from Pfizer and Moderna have been approved for emergency use so far by the FDA. One from Johnson & Johnson will be reviewed later this month by the agency’s vaccine advisory committee.

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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/EAt0w48.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/CUFSI6k.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/58WpS5d.png)**)

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

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#THIS WEEK’S UPCOMING IPO’S:
######(**[CLICK HERE FOR THIS WEEK’S UPCOMING IPO’S!](https://i.imgur.com/ouc42oI.png)**)

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#THIS WEEK’S EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS WEEK’S EARNINGS CALENDAR!](https://i.imgur.com/7f4pptB.png)**)

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#THIS MORNING’S PRE-MARKET EARNINGS CALENDAR:
######(**[CLICK HERE FOR THIS MORNING’S EARNINGS CALENDAR!](https://i.imgur.com/alaiab8.jpg)**)

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#EARNINGS RELEASES BEFORE THE OPEN TODAY:
######(**[CLICK HERE FOR THIS MORNING’S EARNINGS RELEASES!](https://i.imgur.com/GYP6644.png)**)

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#EARNINGS RELEASES AFTER THE CLOSE TODAY:
######(**[CLICK HERE FOR THIS AFTERNOON’S EARNINGS RELEASES!](https://i.imgur.com/hRzLA06.png)**)

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#FRIDAY’S ANALYST UPGRADES/DOWNGRADES:
######(**[CLICK HERE FOR FRIDAY’S ANALYST UPGRADES/DOWNGRADES LINK #1!](https://i.imgur.com/8wWPOOE.png)**)
######(**[CLICK HERE FOR FRIDAY’S ANALYST UPGRADES/DOWNGRADES LINK #2!](https://i.imgur.com/xCQGHw3.png)**)
######(**[CLICK HERE FOR FRIDAY’S ANALYST UPGRADES/DOWNGRADES LINK #3!](https://i.imgur.com/S1k039c.png)**)

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#FRIDAY’S INSIDER TRADING FILINGS:
######(**[CLICK HERE FOR FRIDAY’S INSIDER TRADING FILINGS!](https://i.imgur.com/oHk2NFH.png)**)

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

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

* OCGN
* TSLA
* SNPR
* PLTR
* CLNE
* VERU
* KMPH
* TGTX
* CRNT

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#THIS MORNING’S STOCK NEWS MOVERS:

######(**source: [cnbc.com](https://www.cnbc.com/2021/02/08/stocks-making-the-biggest-moves-in-the-premarket-hasbro-energizer-palantir-more.html)**)

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> **Hasbro (HAS)** – Hasbro reported quarterly profit of $1.27 per share, 13 cents a share above estimates. Revenue also exceeded forecasts, boosted by ongoing increased interest in its board games and toys amid the pandemic. Hasbro shares rose 2.8% in premarket trading as of 7:36 a.m. ET.

> #**STOCK SYMBOL:** HAS

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

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> **Energizer Holdings (ENR)** – The battery maker beat estimates by 28 cents a share, with quarterly earnings of $1.17 per share. Revenue also topped estimates and Energizer increased its full-year forecast, benefiting from increased demand and lower costs. The company’s shares jumped 5.5% in the premarket.

> #**STOCK SYMBOL:** ENR

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

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> **Westport Fuel Systems (WPRT)** – Westport is up by about 50% in premarket trading following news that Amazon.com (AMZN) has ordered about 1,000 truck engines that run on compressed natural gas for its fleet of delivery vehicles. The engines are made by a joint venture between Vancouver-based Westport and Cummins (CMI).

> #**STOCK SYMBOL:** WPRT

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

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> **Cubic Corp. (CUB)** – The provider of transportation-related technology agreed to be bought by Veritas Capital and Evergreen Coast Capital for $70 per share in cash, or about $2.8 billion. Cubic had disclosed potential third party interest in acquiring the company back in September. Cubic shares jumped 8.3% in the premarket.

> #**STOCK SYMBOL:** CUB

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

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> **Palantir Technologies (PLTR)** – The maker of data analysis software announced a partnership with IBM (IBM) that will augment IBM’s artificial intelligence offerings and make them easier to use. Palantir Chief Operating Officer Shyam Sankar told Bloomberg that the company expects to announce more such partnerships in the future. Palantir shares surged 8.6% in premarket trading.

> #**STOCK SYMBOL:** PLTR

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

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> **Global Payments (GPN)** – The payments technology company came in 4 cents a share ahead of estimates, with quarterly earnings of $1.80 per share. Revenue essentially was in line with forecasts. Global Payments saw revenue fall from a year earlier, but saw expenses decline as well. The company also announced a partnership with Google to develop a variety of cloud-based solutions for merchants. The company’s shares rose 2.3% in the premarket.

> #**STOCK SYMBOL:** GPN

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

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> **Royal Dutch Shell (RDS.A)** – Royal Dutch Shell struck a deal to supply renewable energy to Amazon. The online retail giant is aiming to derive 100% of its power needs from clean energy by 2025.

> #**STOCK SYMBOL:** RDS.A

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

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> **PPG Industries (PPG)** – The paint and coatings maker is the winner in the bidding for Finnish paint maker Tikkurila, after Dutch rival Akzo Nobel dropped out. PPG submitted a revised offer last week that topped the latest overture made to Tikkurila by Akzo Nobel.

> #**STOCK SYMBOL:** PPG

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

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> **AMC Entertainment (AMC)** – AMC said in a Securities and Exchange Commission filing that majority shareholder Wanda Group had executed a share conversion to the movie theater operator’s class A stock from class B shares. The move would allow the China-based company to sell AMC shares, but the filing did not say how many shares were converted or if any were sold. AMC shares were caught up in the Reddit-fueled volatility of the past few weeks. AMC shares rose 1.7% in premarket trading.

> #**STOCK SYMBOL:** AMC

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

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> **AstraZeneca (AZN)** – South Africa has halted the rollout of AstraZeneca’s Covid-19 vaccine, after a study showed the vaccine gave only minimal protection against a variant of the virus prevalent in South Africa.

> #**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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> **Target (TGT)** – Stifel upgraded the retailer’s stock to “buy” from “hold,” noting Target’s strong gains in digital sales and the increasing popularity of the company’s same-day services. Target shares climbed 1.4% in the premarket.

> #**STOCK SYMBOL:** TGT

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

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> **Hershey (HSY)** – Hershey was upgraded to “outperform” from “market perform” at RBC Capital Markets, saying the chocolate maker will be able to hold recent market share gains due to ongoing issues for its competitors.

> #**STOCK SYMBOL:** HSY

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

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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, February 8th, 2021! :)**
https://www.reddit.com/r/StockMarket/comments/lfc2xk/28_mondays_premarket_stock_movers_news/