Get caught up quickly on the top news and calls moving stocks with these Top Five lists.
1. STOCK NEWS:
- Southwest (LUV) will operate just over one-third of its typical schedule today as the Department of Transportation examines the airline's cancellations [more]
- Tesla (TSLA) shares were down following reports of suspended Shanghai output that the automaker told Global Times were "inaccurate" [more]
- Nio (NIO) falls after cutting Q4 production outlook on COVID outbreak [more]
- Other U.S.-listed Chinese stocks were rising following news that the country is set to reopen its borders on January 8 [more]
- Imax (IMAX) announced that it crossed $100M in global box office with Disney (DIS) and Lightstorm's "Avatar: The Way of Water" [more]
2. WALL STREET CALLS:
- Lion Electric (LEV) initiated with an Outperform at Northland [more]
- SVB cuts Applied Molecular Transport (AMTI) to Market Perform [more]
- Century Therapeutics (IPSC) initiated with a Buy at Chardan [more]
- Freightos Limited (FROS) SPAC partner Gesher I Acquisition (GIAC) initiated with a Buy at Chardan [more]
- Apple (AAPL) iPhone supply "continues to improve slowly," say JPMorgan [more]
3. MOVERS:
- Boeing (BA) gains after being awarded a $497.09M Army contract [more]
- Coherus Biosciences (CHRS) lower after announcing with Junshi Biosciences that they have not received an action letter from the U.S. FDA regarding the BLA for toripalimab [more]
- Canopy Growth (CGC) declines in New York after the WSJ reported the FDA is exploring regulating CBD in foods [more]
- Peloton (PTON) falls after announcing its new refurbished bikes program [more]
- PolarityTE (PTE) gains after announcing the signing of a non-binding LOI to be acquired for $1.03 per share [more]
INDEXES:
Near midday, the Dow was up 149.98, or 0.45%, to 33,353.91, the Nasdaq was down 87.15, or 0.83%, to 10,410.72, and the S&P 500 was up/down 2.82, or 0.07%, to 3,842.00.