Tesla, Merck, Moderna: What to Watch When the Stock Market Opens
Stock futures edged down as investors kept on eye on the multiple quarrels over government spending taking place on Capitol Hill. Here’s what we’re watching before Monday’s trading begins.
-
overcame snarled global supply chains to deliver a record number of vehicles in the third quarter. The Silicon Valley electric-vehicle maker’s shares climbed 2.8% premarket.
A man charged his car at a Tesla super charging station in Arlington, Va. on Aug. 13, 2021.
Photo:
andrew caballero-reynolds/Agence France-Presse/Getty Images
-
shares were up more than 3% premarket. Last week, the drug maker said its pill intended to treat Covid-19 had succeeded in a key study.
- Shares of some vaccine makers were extending declines premarket after having dropped last week following the report on Merck’s pill.
was down 3% and
shed 1.4%.
-
shares gained 1.5% premarket.
upgraded its rating of the stock and lifted its price target to $75 a share. It closed Friday at $54.35.
-
was up 1.2%, having also received a ratings upgrade, from JPMorgan. The bank also nudged its price target up to $85 a share from $84.
-
shares meanwhile received a ratings downgrade from JPMorgan, and the stock was trading down 1.5% premarket.
- Wine producer
and
are among the companies reporting earnings Monday.
Chart of the Day
- A quirky corner of the U.S. stock market home to cannabis sellers, cryptocurrency trusts and other speculative investments is seeing record levels of activity.
Write to James Willhite at james.willhite@wsj.com
Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
…
Read More: Tesla, Merck, Moderna: What to Watch When the Stock Market Opens