Premarket Movers Wednesday – Quantumscape, Slack, Shopify
Stock futures were mixed on Wednesday as Wall Street expected inflation to rise amid an economic recovery.
Here are some of the top movers during Wednesday premarket trading.
1. Quantumscape QS | Plus 12%
Quantumscape shares (QS) – Get the report After the start of the battery for electric vehicles, it was found that multi-layer battery cells can be made. This is a critical step in the manufacture of solid-state lithium-metal batteries for electric vehicles.
2. Shopify SHOP | 3.5% decrease
Shopify stocks (BUSINESS) – Get the report even declined after the e-commerce software provider reported better-than-expected earnings in the fourth quarter. The coronavirus pandemic has driven demand for its services.
Revenue rose 92% to $ 977.7 million, beating analysts’ expectations of $ 913.1 million.
3. Slack WORK | 2.9% decrease
Slack stocks (JOB) – Get the report dropped after Justice Department antitrust dispatched both Slack and Salesforce (CRM) – Get the report a second request for more information on their proposed $ 27 billion merger deal.
4. Verizon VZ | Plus 4%
Verizon shares (VZ) – Get the report rose to Warren Buffett’s Berkshire Hathaway (BRK.B) – Get the report (BRK.A) – Get the report announced a stake in the telecommunications giant.
5. Chevron CVX | Plus 3.8%
Shares of chevron (CVX) – Get the report rose on Wednesday after Warren Buffett’s Berkshire Hathaway announced a $ 4.1 billion stake in the oil major.
6. Ford F | Plus 1.2%
Ford shares (F.) – Get the report rose early Wednesday after automaker Dearborn, Michigan announced it would invest $ 1 billion in an electric vehicle manufacturing facility in Cologne.
7. Hilton LDS | 1.4% decrease
Shares of Hilton (LDS) – Get the report Premarket trading declined after the hotel chain posted a surprising fourth quarter loss and revenue that missed estimates.