Didi Global, Zillow, Nucor: What to watch out for when the stock exchange opens today

0
35

WSJ.com: Markets

US stock futures rose slightly while oil prices rose after OPEC and a group of Russia-led oil producers agreed to continue to produce more crude oil. The job report showed the US created 210,000 jobs in November, fewer than economists expected. Here are the stocks we track before the opening bell.

  • Didi Global’s US-listed shares fell 10% after the Chinese driver service company announced it would go public in the US and seek a listing in Hong Kong. It’s a dramatic turnaround just months after Didi’s ill-fated New York IPO.
  • Zillow stock rose nearly 10% after the online housing market company announced a share buyback.
  • Nucor said it will increase its quarterly dividend to 50 cents per share and has approved a share buyback of up to $ 4 billion. The share rose by 3.1% before the IPO.
  • Retailer Ulta Beauty exceeded analysts’ expectations with results released late Thursday. Shares rose more than 5% in thin pre-trading.
  • Moderna shares rose 6.4% ahead of the IPO, suggesting another troubled meeting for the Covid-19 vaccine maker after the Omicron variant was identified.
  • The Federal Trade Commission has challenged Nvidia’s proposed acquisition of Arm Holdings for $ 40 billion late in Thursday’s trading session. The Nvidia share fell 0.2% before the opening bell.
  • Tesla’s China business is recalling 21,599 locally made Model Ys due to problems with auto parts from suppliers. The shares rose 0.4%.
  • MarketAxess lost 0.3% before it was placed on the market. The bond trading platform announced this week that it has hired a chief information officer to replace retired Nick Themelis.
  • Teradyne was up 2.3% prior to launch. The analysts at Piper Sandler raised their price target for the share of the test equipment company last month.

Write to Joe Wallace at joe.wallace@wsj.com

Source Link

Leave a Reply