Advertisement
UK markets close in 2 hours 11 minutes
  • FTSE 100

    8,067.01
    +26.63 (+0.33%)
     
  • FTSE 250

    19,647.51
    -71.86 (-0.36%)
     
  • AIM

    753.95
    -0.74 (-0.10%)
     
  • GBP/EUR

    1.1664
    +0.0019 (+0.17%)
     
  • GBP/USD

    1.2466
    +0.0004 (+0.03%)
     
  • Bitcoin GBP

    50,577.83
    -2,472.73 (-4.66%)
     
  • CMC Crypto 200

    1,350.63
    -31.94 (-2.31%)
     
  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     
  • DOW

    38,460.92
    -42.77 (-0.11%)
     
  • CRUDE OIL

    82.60
    -0.21 (-0.25%)
     
  • GOLD FUTURES

    2,335.00
    -3.40 (-0.15%)
     
  • NIKKEI 225

    37,628.48
    -831.60 (-2.16%)
     
  • HANG SENG

    17,284.54
    +83.27 (+0.48%)
     
  • DAX

    17,902.74
    -185.96 (-1.03%)
     
  • CAC 40

    7,982.64
    -109.22 (-1.35%)
     

Apple, ViacomCBS Rise Premarket; Nike, Alibaba Fall

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Monday, September 13th. Please refresh for updates.

Apple (NASDAQ:AAPL) stock rose 1%, rebounding to a degree after Friday’s sharp losses in the wake of an adverse ruling in the company's dispute against Epic Games. The iPhone maker is hosting a special event on Tuesday, where it’s expected to reveal several long-awaited products.

Alibaba (NYSE:BABA) ADRs fell 1.6% upon a Financial Times report that suggested Chinese authorities are looking to break up its Alipay associate to reduce its market power.

Live Nation (NYSE:LYV) stock fell 0.1% following the Wall Street Journal reporting that the entertainment group plans to acquire Mexican concert promoter OCESA in a move into Latin America.

ADVERTISEMENT

Virgin Galactic (NYSE:SPCE) stock fell 3.1% after the space tourism company delayed its first commercial research flight to October after a supplier warned of a possible defect.

Dell Technologies (NYSE:DELL) stock rose 2% following Goldman Sachs (NYSE:GS) adding the computer hardware maker to its ‘Conviction Buy’ list, with the influential bank citing strong cash flow generation and debt repayment plans.

Nike (NYSE:NKE) stock fell 1.3% after investment firm BTIG downgraded its stance on the sports footwear retailer to ‘neutral’ from ‘buy’, saying the ongoing pandemic is causing problems in the company’s supply chain.

ViacomCBS (NASDAQ:VIAC) stock rose 0.9% with the Wall Street Journal reporting that the media giant is planning to shake up the operations of its Paramount Pictures movie and television production unit.

Walt Disney (NYSE:DIS) stock rose 0.6% after the entertainment giant announced it would release the rest of its 2021 films in movie theaters before streaming, a show of confidence that attendances will rebound.

MGM Resorts (NYSE:MGM) stock rose 2% on the back of Bernstein upgrading its investment stance on the resort operator to ‘outperform’ from ‘market perform’, citing its strong presence in the growing sports betting industry. MiMedx (NASDAQ:MDXG) stock fell 52% after its key tissue regeneration therapy failed to meet primary endpoints in two separate clinical trials. The stock had rallied over 60% this year, on hopes that it had put an accounting fraud under its previous management behind it.

Related Articles

Apple, ViacomCBS Rise Premarket; Nike, Alibaba Fall

Exclusive: Bombardier set to launch updated version of Challenger 350 private jet- sources

Deutsche Boerse cancels DAX expansion event due to COVID situation