Stock Groups

GoDaddy, Apple, Cigna and others

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Take a look at the top companies that made headlines long before the bell rang.

Airline stocks – The major carriers saw their shares fall in the premarket after a surge in weekend cancellations due to staffing issues. United Airlines(UAL) slid 1.8% American Airlines (AAL) fell 1.4%, Delta Air LinesThe (DAL), was down by 1% SouthwestThe (LUV), declined 1.5%

Cruise line stocks – Stocks of major cruise lines declined in premarket trading following three Covid-19 outbreaks in the past week on ships operated by Carnival(CCL) Royal Caribbean (RCL). Carnival lost 2.2% on the premarket while Royal Caribbean fell 1.9% Norwegian Cruise Line Holdings(NCLH), slid 1.6%

GoDaddy (GDDY) – GoDaddy jumped 3.9% in premarket action after the Wall Street Journal reported that activist investor Starboard Value had taken a 6.5% stake in the internet domain name registration company.

Apple (AAPL) – Apple was cited by the top competition regulator in the Netherlands, which said the company broke competition laws, and ordered changes to Apple’s App Store payment policies. Apple stated that it was appealing the ruling.

Cigna (CI) – The insurer will reaffirm its 2021 and 2022 earnings guidance at its upcoming investor meetings, according to an SEC filing. Cigna expects 2021 adjusted earnings at least $20.35 per shares and projects growth of at minimum 10% in 2022.

Moderna (MRNA) – The drugmaker is fighting a shareholder proposal that the company open up its vaccine technology to poorer countries, according to a report in the Financial Times. Moderna is asked to justify why prices are so high given the government support that it has received. Moderna lost 2% on the premarket

Avis Budget (CAR) – The car rental firm’s shares jumped 2.6% in premarket trading, following a 3.2% gain Thursday. Kayak reports that the average daily rental rate is $81 per day. It’s 31% higher than last year.

Didi Global (DIDI) – Didi fell 1.3% in the premarket after the Financial Times reported that the China-based ride-hailing company is blocking employees from selling the shares for an indefinite period. The move follows the delisting of the company in the United States.

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