Breaking News
0
Ad-Free Version. Upgrade your Investing.com experience. Save up to 40% More details

FireEye, BioNTech Rise Premarket; Coty, Marriott Fall

Stock MarketsMay 10, 2021 08:01AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters.

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Monday, May 10th. Please refresh for updates.

  • FireEye (NASDAQ:FEYE) stock rose 4.4%, SolarWinds (NYSE:SWI) stock rose 1.5% while shares in Palo Alto Networks (NYSE:PANW) and Crowdstrike (NASDAQ:CRWD) were both up around 1% with cybersecurity firms in demand following the ransomware attack on Colonial Pipeline.

  • Coty (NYSE:COTY) stock fell 4.1% after the cosmetics company reported a drop in third-quarter revenue of 3.3%, as sales of its beauty products were pressured by Covid-19 lockdowns.

  • Marriott International (NASDAQ:MAR) stock fell 2.4% after the hotel chain posted a quarterly loss, as a pandemic-driven collapse in travel resulted in fewer bookings.

  • Johnson & Johnson (NYSE:JNJ) stock rose 0.3% after Germany announced it will make the drugmaker’s Covid-19 vaccine available to all adults.

  • BioNTech (NASDAQ:BNTX) stock rose 8.7% after the German vaccine developer beat estimates on both the top and bottom lines for the first quarter,  and also announced it was building a production site in Singapore, to help the global supply of its mRNA-based Covid-19 vaccine.

  • Eli Lilly (NYSE:LLY) stock fell 0.2% after the drugmaker announced it has signed licensing agreements with three Indian generic drugmakers to expand the availability of its arthritis drug baricitinib for treating Covid-19 patients.

  • Ford (NYSE:F) stock fell 0.3% after the auto giant announced it was recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators over worries of its roof rail covers.

  • Tyson Foods (NYSE:TSN) stock rose 0.9% after the meat processor beat second-quarter revenue estimates, benefiting from strong demand for its chicken products from reopened restaurants and hotels across the country.

  • Tesla (NASDAQ:TSLA) stock fell 0.8% after the electric car manufacturer raised the price of its Model 3 sedan in China from Saturday, citing cost fluctuations.

  • Live Nation Entertainment (NYSE:LYV) stock rose 1.9% after Jefferies (NYSE:JEF) upgraded its investment stance on the entertainment tickets operator to ‘buy’ from ‘neutral’, saying it was poised to have a strong performance in 2022 as the public flock back to concerts.

  • Oracle (NYSE:ORCL) stock fell 0.9% after Barclays (LON:BARC) downgraded its stance on the software company to ‘equal weight’ from ‘overweight’, saying the stock’s comeback has gone far enough.

 

FireEye, BioNTech Rise Premarket; Coty, Marriott Fall
 

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind: 

  • Enrich the conversation
  • Stay focused and on track. Only post material that’s relevant to the topic being discussed.
  • Be respectful. Even negative opinions can be framed positively and diplomatically.
  •  Use standard writing style. Include punctuation and upper and lower cases.
  • NOTE: Spam and/or promotional messages and links within a comment will be removed
  • Avoid profanity, slander or personal attacks directed at an author or another user.
  • Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

Write your thoughts here
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (1)
Es Ekramul
Es Ekramul May 10, 2021 9:31AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Continue with Google
or
Sign up with Email