Stock Groups

Delta Air Lines, Moderna, Virgin Orbit and others


See which companies are making the headlines even before the bell rings.

Delta Air Lines (DAL) – Delta shares rose 2.2% in the premarket after the airline beat top and bottom-line estimates for the fourth quarter. Delta posted an adjusted 22c per share which was 8 cents higher than estimates and stated it expects strong travel seasons in spring and summer.

Boeing (BA) – Boeing’s 737 MAX jet could resume service in China as soon as this month, according to a Bloomberg report. Boeing increased its premarket share by 2.6%.

Moderna (MRNA) – Moderna expects to report data by March from its Covid-19 vaccine trials involving children aged 2 to 5 years old. The company will apply for permission to vacciinate this age group if the data are positive. Moderna fell 1.1% in premarket action.

Virgin Orbit (VORB) – Later today, Virgin is scheduled to launch its first commercial satellite since going public. The stock rose 2.1% on the premarket, after dropping 5.8% Wednesday trading.

Taiwan Semiconductor (TSM) – Taiwan Semiconductor reported record quarterly profit, with the chipmaker beating analyst forecasts while also issuing an upbeat outlook amid surging demand for semiconductors. In the premarket, shares rose by 3.8%

KB Home (KBH) – KB Home reported quarterly earnings of $1.91 per share, 14 cents above estimates, although the home builder’s revenue was slightly below analyst forecasts. KB Home issued a positive outlook on 2022 and saw its stock rise 7.7% during premarket trading.

Lennar (LEN) – Lennar increased its dividend by 50%, raising its annual payout to $1.50 per share from $1.00. On February 10, the home-builder will pay its next quarterly dividend, which is 37.5 cents per shares. This payment will go to all shareholders who were registered as of January 27, Stock gained 2.4% during the premarket

SolarEdge Technologies (SEDG), Enphase Energy (ENPH) – SolarEdge gained 2.3% in premarket trading while Enphase rallied 3.2% after both alternative energy companies were upgraded to “buy” from “neutral” at Guggenheim. The firm said the potential negatives it highlighted last year – such as high valuations and optimistic forecasts – had largely dissipated.

Sunrun (RUN) – The solar equipment company added 2.1% in the premarket after being named a top 2022 stock pick at Morgan Stanley, which said Sunrun is among companies with strong barriers to entry and little growth priced in.

Match Group (MTCH), Bumble (BMBL) – Goldman Sachs upgraded the dating service operators to “buy” from “neutral,” saying both would benefit from “structural industry tailwinds” in the years ahead. Bumble rose 3.2% during premarket trading, while Match rose by 3.2%.