Sunday, April 14, 2024
HomeTrading RoomThe Most Volatile Stocks Before Market Opening

The Most Volatile Stocks Before Market Opening

View the businesses garnering attention in the opening hours of trading.

Shares of the British pharmaceutical giant AstraZeneca increased more than 2.7% in premarket trade after the company announced encouraging findings from a trial using its medication Dato-DXd to treat a prevalent kind of breast cancer.

Howell — Shares increased more than 2% following Bernstein’s upgrade of home merchandiser from underperform to market perform. The company reported better margin remarks and sales growth.

Seagen — Before the start of regular trading, the biotech company’s shares increased by over 4% after it released encouraging topline findings from a clinical trial of a treatment for patients with bladder cancer who had not previously received it.

Deere — The maker of tractors saw its stock drop by almost 1% after Canaccord Genuity reduced its rating on the company’s shares from buy to hold. The analyst cited slowing growth for heavy farm equipment and normalising dealer inventories.

Arm Holdings – In premarket trading, the company’s stock increased 1.3%. The stock increased by almost 25% during its first day of trading in the open market, but it is still trading slightly above its $51 IPO price. In a letter on Friday, Susquehanna began to rate the firm as neutral.

Source (CNBC)

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