Before the bell, take a look at the businesses making news.
Moderna — In early trading, shares of Moderna increased more than 3% after the Centres for Disease Control and Prevention advised revised Covid vaccinations for all Americans 6 months of age and older. Pfizer stock increased by 0.2%.
Ford — Prior to the opening of trading, the stock of the automaker increased 1.5% after UBS analyst Joseph Spak began research coverage with a buy rating and a $15 price target, which suggests a 21% potential gain. According to Spak, Ford’s professional business, or commercial division, ought to be more resilient than anticipated and maybe lessen the negative effects of problems with blue and electric car models.
Apple — Following the introduction of its newest iPhone model and other improvements, such as a new Apple Watch and updated AirPods, Apple’s stock price fell 0.4% before the bell.
BP – Before the market opened the following day, shares increased more than 1% following the resignation of BP CEO Bernard Looney, who held the position for just over three years. Following an early 2.9% rise, BP stock in the United States ended the day Tuesday down 1.3%.
Shares of Chinese electric vehicle manufacturers Xpeng and NIO listed in the United States dropped more than 3% and 2%, respectively, after the European Union warned it was considering slapping anti-subsidy taxes on imports from China to safeguard domestic companies.
Source (CNBC)
