Investing.com -- Stocks in focus in premarket trade on Monday, October 2nd. Please refresh for updates.
- Shares in crypto-related stocks such as Riot Platforms (NASDAQ:RIOT) and Marathon Digital (NASDAQ:MARA) spiked in premarket trading, reflecting a surge in Bitcoin's price to near two-month highs.
- Cryptocurrency exchange Coinbase's (NASDAQ:COIN) shares rose after the company announced that its Singapore arm had obtained a license to offer digital payment token services to individuals and institutions in the city-state.
- SmileDirectClub (NASDAQ:SDC) shares plummeted after the dental aligner manufacturer filed for Chapter 11 bankruptcy.
- Sphere Entertainment (NYSE:SPHR) stock climbed following the opening weekend of its Sphere entertainment venue in Las Vegas, which featured a series of concerts from the rock band U2.
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SolarEdge Technologies (NASDAQ:SEDG) stock slipped after analysts at Barclays (LON:BARC) lowered their rating of the solar inverter maker to equal weight from overweight.
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Nvidia (NASDAQ:NVDA) shares inched up after Goldman Sachs (NYSE:GS) placed the chipmaker and artificial intelligence-darling on its Americas conviction list.