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Nasdaq 100 pre-market indicator dips, Rivian Automotive rises on buy recommendation

Published 2023-11-08, 01:00 p/m
© Reuters.
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In the NASDAQ 100 pre-market activity today, the indicator dipped to 15,295.21 with a total pre-market volume of over 27 million shares. Rivian (NASDAQ:RIVN) Automotive (NASDAQ: RIVN) experienced a rise following a "buy" recommendation, while ProShares UltraPro Short QQQ (NASDAQ: SQQQ) showed a slight decrease but was up from its yearly low.

Roblox Corporation (NYSE: RBLX) surged, nearing its target price at 98.6% of $40. ProShares UltraPro QQQ (NASDAQ: TQQQ) also saw an increase from its yearly low. Lumos Pharma (NASDAQ: NASDAQ:LUMO) and Upstart (NASDAQ:UPST) Holdings, Inc. (NASDAQ: UPST) both reported short interest updates.

iShares 20+ Year Treasury Bond ETF (NASDAQ: NASDAQ:TLT) and Teva Pharmaceutical (NYSE: NYSE:TEVA) both increased from their year-lows. Palantir Technologies Inc . (NYSE: NYSE:PLTR) is trading at 118% of its target price, while Fisker Inc. (NYSE: NYSE:FSR) is at 48% of its target price.

NIO Inc. (NYSE: NIO) is set to provide an earnings report tomorrow with a forecasted EPS of -0.43 per share, indicating a -36 percent increase over the EPS one year ago. Lastly, Toast, Inc. (NYSE: TOST) is trading at 58.75% of its target price. Investors are encouraged to sign up for Smart Investing for updated news and strategies.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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