Business

GoDaddy, Apple, Cigna and others

Pay attention to the companies that hit the headlines before the call:

Airline Shares – Shares of major carriers fell premarket after a spike in weekend flight cancellations due to staff problems. United Airlines (UAL) fell 1.8%, American Airlines (AAL) fell 1.4%, Delta Air Lines (DAL) fell 1%, and Southwest (LUV) fell 1.5%.

Cruise Line Stocks – Stocks of major cruise lines have declined premarket after three Covid-19 outbreaks last week on ships operated by Carnival (CCL) and Royal Caribbean (RCL). Carnival shares were down 2.2% premarket, Royal Caribbean shed 1.9% and Norwegian Cruise Line Holdings (NCLH) fell 1.6%.

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

Apple (AAPL) – Apple was quoted as saying by a leading competition regulator in the Netherlands that it violated competition laws and ordered changes to Apple’s App Store payment policy. Apple said it would appeal.

Cigna (CI) – The insurer will confirm its earnings forecasts for 2021 and 2022 in upcoming investor meetings, according to a statement from the Securities and Exchange Commission. Cigna had expected adjusted earnings in 2021 to be at least $ 20.35 per share, with at least 10% growth projected in 2022.

Moderna (MRNA). According to the Financial Times, the drug maker is grappling with a shareholder’s proposal for the company to open its vaccines to poorer countries. The proposal calls on Moderna to explain why its prices are so high, in light of the amount of government financial support it has received. Moderna shares dropped 2% in the premarket.

Avis Budget (CAR) – Shares in the car rental company jumped 2.6% in premarket trading after rising 3.2% on Thursday. According to travel agency Kayak, the average daily rental rate is $ 81 per day. This is 31% more than a year ago.

Didi Global (DIDI) – Didi fell 1.3% in premarket after the Financial Times reported that the China-based passenger delivery company is barring employees from selling shares indefinitely. This happened after the company made a delisting from the list of shares in the United States.


Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button