Affirm (AFRM) – Affirm rocketed 41.2% in premarket trading after the digital payments specialist announced a partnership with Amazon.com (AMZN) that will allow Amazon customers to pay over time for purchases of $50 or more.
Moderna (MRNA) – Moderna fell 2.7% in the premarket after 1 million more Covid-19 vaccine doses were pulled from circulation in Japan on contamination concerns. An initial withdrawal of 1.63 million doses had taken place last week after foreign substances were found in some batches, with contamination now linked to two deaths. Spain’s Rovi, which bottles the vaccines for markets outside the U.S., said it is investigating the issue.
Globalstar (GSAT) – The satellite services provider soared 41.3% higher in premarket action following a report in AppleInsider that the iPhone 13 will have the ability to utilize satellite communications.
Catalent (CTLT) – The contract drug manufacturer struck a deal to buy nutritional supplement maker Bettera from private-equity firm Highlander partners for $1 billion. Separately, Catalent reported better-than-expected earnings and revenue for its fiscal fourth quarter, and the stock jumped 2.2% in the premarket.
Lowe’s (LOW)- It’s no secret or big surprise that due to Hurricane IDA hitting the coast of Louisiana and New Orleans this past weekend that it already looks like restorations will be needed for the famous bayou city. Currently Lowe’s is up 0.25% and is currently at $207 a share but it’s almost a guarantee it won’t last that long.
Home Depot(HD)- Again no surprises here but if your gonna go with Lowe’s might as well go with the competitor too just to even out the odds. Currently the stock is trading at $325.94 a share and has risen in premarket by 0.59%
Biogen (BIIB)- Biogen is next on this list and I will say this one is a little unclear as far as what the company is trying to accomplish because they have just announced their recently approved FDA Alzheimer’s drug will be given for free to some patients due to slow claim reviews left by Medicare. I wouldn’t go ahead and drain your life savings into this stock but it’s definitely something to keep an eye on.