Wednesday, January 19, 2022

4 Stocks Moving the Market This Morning

Stocks opened the week with a strong performance yesterday. All three major U.S. indices posted 1.0%+ gains. The tech-heavy Nasdaq led the day with a 1.8% advance.


3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free

Sponsored


Early-morning futures action is currently pointing to a higher open S&P 500 futures are currently up 0.7% and Nasdaq futures are up 0.9% as tech stocks look to recapture their recent losses.


A Backdoor Way To Profit From Today’s Crypto Bull Market

Even if you’re not actively in crypto, you deserve to know what’s actually going on...

Because while leading assets such as Bitcoin (BTC) and Ethereum (ETH) are climbing in value, a select group of public “crypto stocks” are surging right along with them. More importantly, these stocks are outpacing the returns these leading crypto assets aren already producing.

Click here to get the full story… along with our long list of backdoor Bitcoin strategies. It’s free. .

Sponsored


Traders are expecting a positive Industrial Production report today with an increase in industrial production, led by an jump in manufacturing output. However, the numbers will be closely scrutinized, and the market could turn sour if it doesn’t get what it wants.

Asian stocks were mixed overnight. Japan’s Nikkei 225 lost 0.4% and China’s Shanghai Composite gained 0.5%. In Europe, most major indices are in the green, and the British FTSE 100 is leading the way with a 1.1% gain. The Eurozone Stoxx 600 is also up 0.7%.

Today’s featured earnings docket includes a pre-bell report from Cracker Barrel [CBRL]. After the session closes, we’ll hear from FedEx [FDX] and Adobe [ADBE].

Here’s what’s moving the market this morning:

NextEra Energy (NEE)

NextEra is running hot today after its board approved a 4-for-1 stock split. Holders of NEE will receive three additional shares for every one they hold. The split is scheduled to go into effect on October 26.

The company also raised its earnings forecast for 2021 and 2022 and extended its longer-term growth forecast to 2023. NextEra said its increasing its financial expectations to by $0.20 per share, which brings its annual forecast to between $9.60 and $10.15. Consensus estimates are currently at $9.88.

NextEra is rallying on the news. It’s one of the most active S&P 500 stocks and its 7.1% after-hours gain is currently leading the index.

LG DIsplay Co (LPL)

LG Display lost a prominent Chinese customer due to U.S. restrictions. Last Tuesday, the company announced it would stop supplying display panels to China’s Huawei Technologies [HWT.UL] because of U.S. sanctions against the company. The company said it expects the move will have minimal impact because it only made limited panel shipments to Huawei and promised to expand its customer base. However, the decision to drop Huawei could hurt their standing in the Chinese market.

LPL performed well after the news broke and closed last week with gains. However, it’s losing some steam today. LPL is down 12.5% in the pre-market.

Novus Therapeutics (NVUS)

Novus Therapeutics has successfully closed on its Anelixis Therapeutics acquisition and secured a round of private placement financing. The stock-for-stock transaction included an exchange of all of Anelixis outstanding shares in return for Novus common stock and preferred stock.

The company also completed its private placement funding round with $108 million in proceeds. Novus says it will use the money to “advance AT1501 Phase 2 Clinical trials in up to four indications. AT1501 is an experimental anti-CD40L antibody that could be useful in therapy for organ and cellular transplantaion, autoimmune diseases, and neurodegenerative diseases.

Plus Therapeutics (PSTV)

This micro-cap biotech firm landed a pivotal approval from the U.S. Food and Drug Administration. The FDA awarded Plus Therapeutics with a “Fast Track” designation for its novel glioblastoma treatment. Fast Tracked drugs get better access to FDA regulators and eligibility for Accelerated Approval and Priority Review.

CEO Dr. Marc Hedrick: “Fast Track designation validates the potential importance of this novel radiotherapeutic for patients with recurrent glioblastoma who currently have no good treatment options… With this designation in hand, we intend to move into Cohort 6 of the trial, one key step closer to bringing forth a novel therapy for these patients.”

PSTV is trading actively in the pre-market and it’s currently up 55.7%.

Latest news

Looking Under The Hood: What’s Happening To Bee Vectoring Technologies (BEVVF) Stock

Bee Vectoring Technologies International Inc (BEVVF) closed up 24.71 percent on Wednesday at $0.3280, and has been trading in a day range of $0.2721...

Best cannabis stock investment could lead to great profits in the near future

In recent months, there has been much debate about which are the best cannabis stocks. There are several states where recreational marijuana is legal,...

Stealth BioTherapeutics Inc. (MITO) stock rose during after-hours, provided no current update.

Stealth BioTherapeutics Inc. (NASDAQ: MITO) stock plunged by 3.57% at last close whereas the MITO stock price gains by 6.17% in the after-hour trading...

CNFinance Holdings Ltd. (CNF) stock fell during after-hours, despite any current update.

CNFinance Holdings Ltd. (NASDAQ: CNF) stock declined by 20.27% in the after-hours trading session. CNFinance Holdings Limited is a significant provider of home equity...

Related news

Looking Under The Hood: What’s Happening To Bee Vectoring Technologies (BEVVF) Stock

Bee Vectoring Technologies International Inc (BEVVF) closed up 24.71 percent on Wednesday at $0.3280, and has been trading in a day range of $0.2721...

Best cannabis stock investment could lead to great profits in the near future

In recent months, there has been much debate about which are the best cannabis stocks. There are several states where recreational marijuana is legal,...

Stealth BioTherapeutics Inc. (MITO) stock rose during after-hours, provided no current update.

Stealth BioTherapeutics Inc. (NASDAQ: MITO) stock plunged by 3.57% at last close whereas the MITO stock price gains by 6.17% in the after-hour trading...

CNFinance Holdings Ltd. (CNF) stock fell during after-hours, despite any current update.

CNFinance Holdings Ltd. (NASDAQ: CNF) stock declined by 20.27% in the after-hours trading session. CNFinance Holdings Limited is a significant provider of home equity...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

1745

SPECIAL GIFT

WE HAVE A GIFT FOR YOU

Download Free eBook For

7 GROWTH STOCKS FOR 2021

100% free. stop anytime no spam