Peter Nurse 

Investing.com — Premarket Trade on Monday January 10th, Stocks In Focus For the latest updates, please refresh.

• Lululemon Athletica (NASDAQ): The stock dropped 6% as athletic apparel retailer warns that it will have to trim staffing and reduce hours due to the Omicron virus.

• ZyngaStocks rose by more than 50% (NASDAQ:) Take-Two Interactive  (NASDAQ:), down 10%, announced plans to buy the video games developer for $12,7 billion in cash.

• Airbnb (NASDAQ:) stock fell 3.2% after Piper Sandler downgraded its stance on the online housing marketplace to “neutral” from “overweight”, with the stock up over 12% over the last year.

• Moderna The stock of (NASDAQ:) rose 0.9% following the announcement by drugmaker that it has increased its revenue forecasts for 2022. It also saw advanced purchase agreements worth $18.5 billion. This is an increase from the $17 billion in November.

• Nike (NYSE:) stock fell 2.6% after HSBC downgraded its stance on the sports footwear manufacturer to “hold” from “buy”, citing lingering production issues and slowing demand in China.

• TilrayThe stock of (NASDAQ:) rose 8.1% following an unanticipated quarterly profit by the cannabis producer, which saw revenue rise by 20% over a year ago.

• ViacomCBS (NASDAQ:) stock rose 3.5% after Deutsche Bank upgraded its stance on the media giant to “buy” from “hold”, citing positive prospects for its streaming business and the potential for further industry consolidation.

• Apria (NASDAQ) Stock gained more than 24% when the home-care provider was agreed to be purchased by Owens & Minor(NYSE:) Down 4.6% for approximately $1.5 billion cash

• Beam TherapeuticsStock rose 5.5% following a deal between the gene-editing specialists and NASDAQ Pfizer (NYSE:), estimated to be approximately $1.35 Billion