Top U.S. Premarket Stock Movers: Nvidia, Pfizer & More
Alex Vellor
09:06am, Tuesday, Dec 17, 2024
Photo by Christian Wiediger on Unsplash.com
U.S. stock futures fell on Tuesday as investors looked ahead to the Federal Reserve's last policy meeting of the year. Policymakers may signal a more cautious approach to easing monetary policy.
Here are some of the top U.S. stocks moving in premarket trading today:
| Company | Ticker | Move | Reason |
|---|---|---|---|
| Nvidia | NVDA | Fell 1.6% | Continued weakness leading to correction territory for the stock. |
| Pfizer | PFE | Rose 2.9% | Projected 2025 profits to be in line with expectations, cost reduction, and debt cutting. |
| Coinbase | COIN | Rose 0.8% | Rally in crypto-focused stocks as bitcoin surpassed $107,000. |
| MicroStrategy | MSTR | Climbed 0.7% | Rally in crypto-focused stocks as bitcoin surpassed $107,000. |
| Albertsons Companies | ACI | Rose 1% | Telsey Advisory Group upgraded its stance to "outperform" from "market perform." |
| Evgo | EVGO | Slumped 22% | Announced closing of $1.25B guaranteed loan facility from the US Department of Energy for 7,500 new fast charging stalls. |
| SolarEdge | SEDG | Rose 13% | Goldman Sachs upgraded its stance to ‘buy’ from ‘sell,’ citing a major turnaround expected in 2025. |
| Red Cat | RCAT | Slumped 12% | Gave back a portion of previous session’s 27% gains after announcing a partnership with Palantir. |
| Affirm | AFRM | Fell 3.7% | Announced a private offering of $750M in convertible senior notes and plans to repurchase up to $300M of common stock. |
| Stellantis | STLA | Rose 2.1% | Reuters reported that the company will assign a new mass market model to one of its Italian plants as part of a long-term production plan. |
About The Author
Alex Vellor
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