3 Stocks Up Over 8% in Early Trading
Momo Inc. (MOMO) is up over 10% in early trading following a first-quarter earnings beat. Universal Display Corporation (OLED) is up over 10% in early trading following a report by South Korea’s Electronic Times that Apple Inc. (AAPL) will use “high-end technology” in all of its 2019 model iPhones, including OLED screens. ZTO Express Inc. (ZTO) is up over 8% in early trading following an announcement that Alibaba Group Holding Ltd. (BABA) and its majority-owned logistics unit Cainiao Network has agreed to invest $1.38 billion in ZTO in exchange for a 10% stake.