Stock futures rose Thursday after Democrats gained control of the Senate and Joe Biden was recognized by Congress as the next US president.
Here are some of the most important traders during the premarket trading on Thursday.
1. Connect the power plug | Increasing by 19.71%
Power supply actions with plug (SNUFF) – Get the report rose Thursday after South Korean conglomerate SK Group said it would invest $ 1.5 billion in the hydrogen fuel cell maker.
The agreement comes as governments and companies around the world try to move from relying on traditional fossil fuels for energy to other forms of renewable energy, including solar, wind and hydrogen.
2. Bed bath and beyond BBBY | Decrease by 12.74%
Bed Bath & Beyond (BBBY) – Get the report fell after lower-than-expected earnings on Thursday in the third quarter on Thursday and said comparable in-store sales for the current period would likely be in line with last year’s levels.
The group’s net sales, the company said, fell 5 percent to $ 2.6 billion, again missing analysts’ estimates of $ 2.75 billion. Sales in comparable stores increased by 2%, due in part to “significant strong growth in digital channels,” the company said.
3. Walgreens WBA | Increasing by 2.72%
Shares of Walgreens Boots Alliance (WBA) – Get the report grew after the pharmacy chain posted stronger-than-expected earnings in the first quarter, due in part to strong growth in U.S. retail pharmacy sales.
Walgreens reiterated its adjusted profit forecast for 2021, estimating that profits should increase in the “single-digit” percentage range, although the first half of the year will be adversely affected by the ongoing coronavirus pandemic.
4. Twitter TWTR | Decrease by 2.44%
Twitter shares (TWTR) – Get the report slipped on Thursday after the platform blocked President Trump’s account and threatened to ban it permanently following a series of tweets that some claimed to have supported the violent assault on the Capitol building by his supporters.
5. Constellation Brands STZ | Increasing by 3.34%
Constellation brand shares (or grid) – Get the report rose in premarket trading after the alcohol and spirits maker reported third-quarter earnings that exceeded analysts’ estimates.
For fiscal year 2021, Constellation expects earnings of between $ 9.80 and $ 10.05 per share, ahead of analysts’ expectations of $ 9.44 per share.