Investing.com - Financial Markets Worldwide
Get 40% Off
Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Pfizer, Kodak Rise Premarket; Ford Falls

Published 12/07/2020, 08:13 AM
Updated 12/07/2020, 08:14 AM
© Reuters.

By Peter Nurse 

Investing.com -- Stocks in focus in premarket trade on Monday, December 7th. Please refresh for updates.

  • Eastman Kodak (NYSE:KODK) stock soared 75% after a federal agency found no wrongdoing concerning the stalled U.S. government loan to the company.

  • Ford (NYSE:F) stock fell 1.3% after the auto giant announced it is delaying the launch of its new Bronco SUV until the summer, due to pandemic-related problems at its suppliers.

  • Pfizer (NYSE:PFE) stock rose 1.1% after the pharma giant applied for emergency authorization of its Covid-19 vaccine in India, which has the world’s second-highest number of infections.

  • Goldman Sachs (NYSE:GS) stock fell 0.3% after Bloomberg reported that the investment bank is weighing plans for a new Florida base to house its asset management arm.

  • Cisco (NASDAQ:CSCO) stock fell 0.3% after the information technology giant has launched a takeover bid for IMImobile, a U.K.-based cloud-communications software company, in a deal valued at $730 million, including debt.

  • DraftKings (NASDAQ:DKNG) stock rose 0.3% after the sports betting operator announced a deal that would allow it to deliver access for online sports betting in Connecticut ahead of the anticipated launch of legal sports betting in the state.

  • Lyft (NASDAQ:LYFT) stock rose 2.4% after the investment bank Piper Sandler (NYSE:PIPR) upgraded its stance on the ride-hailing company to ‘overweight’ from ‘neutral’, citing its valuation.

  • Facebook (NASDAQ:FB) stock fell 0.2% after Bloomberg reported that the social media giant may soon be facing federal and state antitrust lawsuits, accusing the company of abusing its dominance and stifling competition.

 

Latest comments

California lock down will push retail businesses over the edge
Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.