Yesterday’s movers:
- Lyft Inc (LYFT) was up 8.19% following a co-founder's positive statements for evidence pointing to recovery.
- Teva Pharmaceutical (TEVA) was down 7.12% following the issue of an additional $1 billion notes
- Beyond Meat Inc (BYND) was up 5.36%
- Hello Group Inc (MOMO) was up 4.28%.
Earnings due today:
Peloton Interactive Inc. PTON Post-market
Moderna Inc MRNA Estimated
Guardant Health Inc GH Post Market
Nikola Corporation NKLA Estimated
Pinterest Inc PINS Post Market
Square Inc SQ Post Market
Airbnb Inc ABNB Post Market
Illumina Inc ILMN Post Market
American International Group AIG Post Market
Expedia Group Inc EXPE Post Market
Stocks to watch: Apple Inc (AAPL)
Apple’s 4th quarter earnings came out somewhat disappointing as Earnings was in line with the forecast, and revenue missing expectation. However, with the holiday season coming up and Apple’s products always in high demand there should be a substantial upside going into the following months.
Technically the chart is shaping up well for a substantial push to the upside as the price held above the 50 and 200-day moving averages. There should be more upside to the next resistance at $158.74, however, a break could see the stock rally to $169.15. The market is currently up 0.31% during pre-market trading