Moderna And Gamestop Rise Premarket

Gamestop stock rose 60%, building on sharp gains on Wednesday as the trading frenzy that engulfed the stock last month returned.

Koss gained 14% and 92%, respectively, in a rerun of the ‘gamma squeeze’ on options traders.

Tesla stock fell 1.5% after Bloomberg reported that the electric car manufacturer has temporarily postponed some production at its car assembly plant in California.

Hyundai Motor ADR will be in focus after the car manufacturer said it was replace battery systems in some 82,000 electric vehicles due to fire risk, which could cost up to $900 million.

Nvidia stock fell 2.3% after the company confirmed that its flagship gaming chips would likely remain in tight supply through the fiscal first quarter, even after reporting strong fiscal first-quarter sales.

Boeing stock fell 0.9% after the Wall Street Journal reported that the airplane manufacturer was planning to replace engine covers on its 777 jets months before a pair of recent serious failures, citing an internal Federal Aviation Administration document.

Dow stock fell 2.7% since the company is bracing for a “high Impact” from climate change.

Moderna stock rose 4.9% after the drug maker said it was expecting $18.4 billion in sales from its Covid-19 vaccine this year.

Best Buy stock fell 5.9% after the retailer disappointed with its sales for the holiday quarter as pandemic-fueled demand for electronics weakened.