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

Micron, CureVac Fall Premarket; Walgreens Rises

Stock MarketsJul 01, 2021 07:52AM ET
Saved. See Saved Items.
This article has already been saved in your Saved Items
© Reuters.

By Peter Nurse -- Stocks in focus in premarket trade on Thursday, July 1st. Please refresh for updates.

  • CureVac (NASDAQ:CVAC) stock fell 13% after the German drugmaker said final test data showed its experimental vaccine against Covid-19 was only 48% effective in preventing the disease, a much lower percentage than the rival drugs.

  • Walgreens Boots (NASDAQ:WBA) stock rose 1.7% after the pharmacy chain raised its 2021 adjusted profit growth forecast, buoyed by strength in drug sales and Covid-19 vaccine administrations.

  • Micron (NASDAQ:MU) stock fell 1.7% after the chipmaker warned that industry-wide supplies of memory chips will remain tight until the end of next year, and it would put out the production of its most cutting-edge chips until 2024.

  • Didi Global (NYSE:DIDI) stock rose 7.4%, a day after the Chinese ride-hailing company made its Wall Street debut, ending just over the IPO price, with a market value of around $68 billion.

  • Xpeng (NYSE:XPEV) stock rose 3.7% after the Chinese electric car manufacturer delivered a seven-fold increase in vehicle sales in June. Fellow Chinese EV maker Nio (NYSE:NIO) ADR rose 3% after reporting a 116% increase in car sales in June from a year ago.

  • GlaxoSmithKline (NYSE:GSK) ADR rose 0.6% after the Wall Street Journal reported that activist investor Elliott is pushing for a shake-up at the British drugs giant, calling for changes in its board and also potentially at the CEO role.

  • Advanced Micro Devices (NASDAQ:AMD) stock rose 0.8% after the semiconductor maker secured unconditional EU antitrust approval for its $35 billion bid for Xilinx (NASDAQ:XLNX), up 0.4%.

  • McCormick (NYSE:MKC) stock rose 0.4% after the food company raised its full-year sales forecast, after beating quarterly earnings and revenue expectations, helped by strong at-home demand and a rebound in the company’s commercial business.
Micron, CureVac Fall Premarket; Walgreens Rises

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other 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, don’t trash it.

  •           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. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. 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’s discretion.

Write your thoughts here
Are you sure you want to delete this chart?
Post also to:
Replace the attached chart with a new chart ?
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)
Mitchel Pioneer
Mitchel Pioneer Jul 01, 2021 9:08AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
The fraud continues in the laughingstock of the financial world.
Are you sure you want to delete this chart?
Replace the attached chart with a new chart ?
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'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
Sign up with Email