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Beyond Meat, Moderna Rise Premarket; Li Auto Falls By Investing.com

April 7, 2021
in Investing
3 min read
Beyond Meat, Moderna Rise Premarket; Li Auto Falls By Investing.com
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Beyond Meat, Moderna Rise Premarket; Li Auto Falls
© Reuters

By Peter Nurse 

Investing.com — Stocks in focus in premarket trade on Wednesday, April 7th. Please refresh for updates.

  • Beyond Meat (NASDAQ:) stock rose 2% after the plant-based food company announced the opening of a new manufacturing facility in China, its first outside the United States, which should increase its ability to deliver products in the region. 

  • Qiagen (NYSE:) stock rose 1.5% after the biotech firm announced the launch of a new ultra-fast sequencing solution that shortens the time needed for researchers to identify Covid-19 variants.

  • Li Auto (NASDAQ:) stock fell 4.2% after the electric vehicle manufacturer announced a $750 million convertible senior note offering, to be used to fund research and development. 

  • Maxeon Solar Technologies (NASDAQ:) stock fell 5.6% after the solar panel manufacturer issued weaker-than-expected first-quarter revenue guidance.

  • Moderna (NASDAQ:) stock rose 0.7% as the U.K. started using the drug maker’s Covid-19 vaccine earlier Wednesday. The company also stated that deliveries of its vaccine are on track to meet the number of doses it promised to the European Union.

  • Genworth Financial (NYSE:) stock fell 1.7% after the insurance company terminated a merger agreement with China-based Oceanwide after four years of delays.

  • Royal Dutch Shell (LON:) ADR rose 0.3% even after the oil giant announced it expects to take a $200 million hit to first-quarter earnings from the extreme winter weather in the southern states earlier this year.

  • Nokia (NYSE:) ADR rose 1.3% after the Finnish telecom equipment maker maker announced it has settled a long-standing patent dispute with computer maker Lenovo, and would receive a payment from the Chinese company, the world’s biggest PC maker. 

 

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.





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