Didi shares drop on report China is planning unprecedented penalties

under pressure again on Thursday after a report that Beijing is considering harsh penalties from a massive fine to even a forced delisting after its IPO last month. Shares of Didi fell nearly 3% in premarket trading Thursday after shedding 18% this month. Bloomberg News reported Chinese regulators are planning a slew of punishments against… Continue reading Didi shares drop on report China is planning unprecedented penalties

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Stocks making the biggest moves premarket: Moderna, Didi, BioNTech, AMC and others

Moderna (MRNA) – The drug maker’s shares surged 7.3% in the premarket on news that the stock would be included in the S&P 500 as of July 21st. It will replace Alexion Pharmaceuticals, which is being acquired by AstraZeneca (AZN). Didi Global (DIDI) – Shares of the China-based ride-hailing company slid 5.5% in premarket action… Continue reading Stocks making the biggest moves premarket: Moderna, Didi, BioNTech, AMC and others

Stocks making the biggest moves midday: Charles Schwab, Didi, Kansas City Southern, Nvidia and more

Charles Schwab — Shares of the online broker dipped over 2% after Goldman Sachs downgraded the stock to neutral from buy. The Wall Street firm said investors should back away from the brokerage after a surge in customer trading activity helped to push the stock close to its fair value. Didi Global — The Chinese… Continue reading Stocks making the biggest moves midday: Charles Schwab, Didi, Kansas City Southern, Nvidia and more

Stocks making the biggest moves in the premarket: Walgreens, Didi, CureVac & more

Walgreens (WBA) – Walgreens shares rallied 2.8% in the premarket after the drug store operator reported quarterly profit of $1.51 per share, beating the consensus estimate of $1.17 a share. Revenue topped forecasts as well, helped by a rebound in prescription volumes. The company also raised its full-year forecast. Didi (DIDI) – Didi will be… Continue reading Stocks making the biggest moves in the premarket: Walgreens, Didi, CureVac & more