Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
1. STOCK NEWS:
- FedEx (FDX) reported lower-than-expected Q3 adjusted earnings [more]
- Moderna (MRNA) is seeking FDA approval for a fourth COVID-19 vaccine shot for adults 18 and over [more]
- Boeing (BA) is in talks with Delta (DAL) for a 737 MAX 10 jet order of up to 100 aircraft, Reuters reports [more]
- GameStop (GME) reported downbeat Q4 results and announced it will launch its NFT marketplace by the end of Q2 [more]
- Joann (JOAN) reported mixed Q4 results [more]
2. WALL STREET CALLS:
- Piper Sandler double downgrades Wingstop (WING) to Underweight [more]
- Allstate (ALL) upgraded to Strong Buy from Outperform at Raymond James [more]
- Exane BNP Paribas upgraded United Airlines (UAL) to Neutral [more]
- TransUnion (TRU) downgraded to Neutral from Buy at Goldman Sachs [more]
- Oppenheimer upgraded Tractor Supply (TSCO) to Outperform [more]
3. AROUND THE WEB:
- The Nevada Gaming Commission has delayed MGM Resorts (MGM) shareholder Barry Diller's gambling license, WSJ reports [more]
- The U.S., France, and Ukraine are investigating a ViaSat (VSAT) cyber attack, CPO Magazine says [more]
- Amazon (AMZN) is being sued by the NLRB over labor practices, NY Times reports [more]
- Activists are seeking change at and a potential sale of SpartanNash (SPTN), Bloomberg reports [more]
- KKR (KKR) may raise $5B to launch a fund to invest in mid-size companies, Bloomberg says [more]
4. MOVERS:
- Bionano Genomics (BNGO) gains after announcing the publication of study results on optical gene mapping [more]
- Marinus Pharmaceuticals (MRNS) higher after the FDA approved Ztalmy for the treatment of CDKL5 deficiency disorder [more]
- StoneCo (STNE) rises in New York after reporting quarterly results [more]
- Ambac Financial (AMBC) falls after issuing a statement on the RMBS litigation [more]
- Osisko Gold (OR) declines in New York after announcing a $250.17M bought deal financing [more]
5. EARNINGS/GUIDANCE:
- U.S. Steel (X) provided Q1 earnings guidance below consensus expectations [more]
- Drive Shack (DS) reported upbeat Q4 earnings and revenue [more]
- Schnitzer Steel (SCHN) provided lower-than-expected Q2 earnings guidance [more]
- Boxlight (BOXL) reported downbeat Q4 earnings [more]
- Ranger Energy (RNGR) provided "beat and raise" report for Q4 [more]
INDEXES:
The Dow rose 273.45, or 0.79%, to 34,754.21, the Nasdaq gained 279.06, or 2.05%, to 13,893.84, and the S&P 500 advanced 51.42, or 1.17%, to 4,463.09.