AstraZeneca, Alibaba, AT&T – Monday’s Premarket Movers
Stock futures rose Monday after President Donald Trump signed a combined package of $ 2.3 trillion in coronavirus aid and government funding, a bill he criticized last week.
Here are some of the top movers during Monday’s premarket trading.
1. AstraZeneca AZN | Plus 4.14%
AstraZeneca American depository receipts (AZN) – Get the report rose on Monday after media reports indicated the coronavirus vaccine developed with Oxford University could be approved within this week. The UK government can vaccinate people faster because of its low price and easy storage.
Pascal Soriot, CEO of AstraZeneca, said on Sunday that researchers believe the British drugmaker’s shot will be effective against a new variant of the virus that has been rapidly increasing infection rates in the UK.
2. Alibaba BABA | 1.39% decrease
Alibaba shares are listed in the United States (BABA) – Get the report Premarket trading fell 1.5% on Monday after Chinese regulators ordered its financial arm Ant Group to revise its lending and other consumer finance operations.
Alibaba has a 33% stake in Ant Group, the world’s largest financial technology company.
Regulators said in a statement on Sunday that they had directed the Ant Group to formulate a rectification plan and implement a schedule for overhauling its businesses, including its credit, insurance and asset management services.
3. Norwegian cruise line NCLH | Plus 2.6%
Norwegian Cruise Line shares (NCLH) – Get the report rose on the Monday before entering the market after Europe began rolling out the coronavirus vaccine following Pfizer approval (PFE) – Get the report/ BioNTech (BNTX) – Get the report and Moderna (MRNA) – Get the report. carnival (CCL) – Get the report rose 2.74%.
4. AT & TT | Plus 0.87%
AT&T shares (T.) – Get the report rose after Warner Bros. said Wonder Woman 1984 grossed $ 16.7 million over the Christmas weekend, the Associated Press reported.
The Warner Bros. movie was made available on the HBO Max streaming service the same day it opened in more than 2,000 theaters in the US and Canada.