Delta Air Lines, Moderna, Virgin Orbit and others

Check out the companies that make headlines before the call:

Delta Air Lines (DAL) – Delta shares rose 2.2% in premarket trading after the airline outperformed fourth-quarter upper and lower bound guidance. Delta earned an adjusted 22 cents per share, up 8 cents from estimates, and said it expects a strong spring and summer travel season.

Boeing (B.A.). The Boeing 737 MAX could resume flights in China as early as this month, Bloomberg reported. Boeing added 2.6% in premarket trading.

Moderna (MRNA) – Moderna expects to report data on Covid-19 vaccine trials in children aged 2 to 5 by March. If the data is confirmed, the company will apply for approval to vaccinate this age group. Moderna shares fell 1.1% in premarket trading.

Virgin Orbit (VORB) — Virgin plans to launch its first commercial satellite after going public this evening. Its shares added 2.1% in premarket trading after falling 5.8% in trading on Wednesday.

Taiwan Semiconductor (TSM) – Taiwan Semiconductor reported record quarterly earnings, with the chip maker beating analysts’ forecasts, and also published an upbeat outlook amid rising demand for semiconductors. Shares rose 3.8% in premarket trading.

KB Home (KBH) – KB Home reported quarterly earnings of $1.91 per share, up 14 cents from estimates, although the developer’s revenue came in slightly below analysts’ expectations. KB Home also posted a positive outlook for 2022, with shares up 7.7% in premarket trading.

Lennar (LEN) – Lennar increased its dividend by 50%, increasing its annual payout to $1.50 per share from $1.00. The developer’s next quarterly dividend of 37.5 cents per share will be paid on February 10 to shareholders registered on January 27. Shares gained 2.4% in premarket trading.

SolarEdge Technologies (SEDG), Enphase Energy (ENPH) – SolarEdge shares rose 2.3% in premarket trading, while Enphase shares rose 3.2% after both alternative energy companies were upgraded to buy from “neutral” at the Guggenheim. The firm said that potential downsides it identified last year, such as strong valuations and bullish forecasts, have largely dissipated.

Sunrun (RUN), the solar energy equipment company, added 2.1% in premarket trading after Morgan Stanley named it its top stock pick for 2022, which said Sunrun was among the companies with strong barriers to entry and little growth. in price.

Match Group (MTCH), Bumble (BMBL) – Goldman Sachs has upgraded dating service operators to Buy from Neutral, saying both will benefit from a “structural industry tailwind” in the coming years. Match was up 3.2% in premarket and Bumble was up 3.1%.

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