Get caught up quickly on the top news and calls moving stocks with these Top Five lists.
1. STOCK NEWS:
- Southwest (LUV) plans to operate roughly one third of its typical schedule for the "next several days" as the Department of Transportation examines the airline's cancellations [more]
- Tesla (TSLA) shares slid 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 advanced 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) gained after being awarded a $497.09M Army contract [more]
- Coherus Biosciences (CHRS) closed 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) declined in New York after the WSJ reported the FDA is exploring regulating CBD in foods [more]
- Peloton (PTON) fell after announcing its new refurbished bikes program [more]
- PolarityTE (PTE) dipped despite announcing a non-binding LOI to be acquired for $1.03 per share [more]
INDEXES:
The Dow rose 37.63, or 0.11%, to 33,241.56, the Nasdaq lost 144.64, or 1.38%, to 10,353.23, and the S&P 500 declined 15.57, or 0.40%, to 3,829.25.