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Pre-Open Stock Movers 04/04: (RCAT) (TWTR) (GGPI) Higher; (DWAC) (OCGN) (SBUX) Lower (more...)

Published 2022-04-04, 09:16 a/m
Updated 2022-04-04, 09:16 a/m

Pre-Open Stock Movers

Red Cat Holdings, Inc. (Nasdaq: RCAT) 21% HIGHER; a NATO country has secured an order of 15 Golden Eagle drone units for deployment in Ukraine.

Twitter (NYSE:TWTR) 20% HIGHER; Tesla (NASDAQ:TSLA) CEO Elon Musk disclosed a 9.2% "passive" stake. He now owns 73,486,938 shares.

Digital World Acquisition Corp (DWAC) 14% LOWER; two top Truth Social executives resigned and Elon Musk's move on Twitter could spell trouble for the social network.

Camtek Ltd . (NASDAQ:CAMT) 9% HIGHER; now sees Q1 revenue of $77 million, above the consensus of $75.5 million.

Gores Guggenheim, Inc. (GGPI) 8% HIGHER; Hertz (HTZ) agreed to buy 65,000 Polestar EV's over 5 years. Polestar is merging with SPAC GGPI.

Ocugen (NASDAQ:OCGN) 5% LOWER; the World Health Organization suspended procurement and supply of Covaxin, citing issues following an inspection of Bharat Biotech facilities.

Baidu, Inc. (NASDAQ:BIDU) 5% HIGHER; Chinese authorities are moving to remove U.S audit restrictions on Chinese ADRs.

JD.com, Inc. (NASDAQ:JD) 5% HIGHER; Chinese authorities are moving to remove U.S audit restrictions on Chinese ADRs.

4% HIGHER Wells Fargo WFC

Alibaba (NYSE:BABA) (BABA) 4% HIGHER; Chinese authorities are moving to remove U.S audit restrictions on Chinese ADRs.

Roku , Inc. (Nasdaq: NASDAQ:ROKU) 4% HIGHER; reached a multi-year extension of its distribution agreement with Amazon (NASDAQ:AMZN).

Starbucks (NASDAQ:SBUX) 4% LOWER; suspended its stock repurchasing program following the return of Howard Schultz as CEO.

Baxter International (NYSE:BAX) (BAX) 3% LOWER; Goldman Sachs (NYSE:GS) downgraded from Neutral to Sell with a price target of $77.

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Avantor Inc . (NYSE:AVTR) 2% LOWER; Citi downgraded from Buy to Neutral with a price target of $38, citing limited upside.

Tesla (TSLA) 1% HIGHER; posted Q1 vehicle deliveries of 310,048, up 68% from last year and slightly above the consensus of 308,836.

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