Check out the companies that are making news.
The major carriers saw their shares fall in the premarket after a surge in weekend cancellation due to staffing issues. United Airlines, American Airlines, Delta Air Lines, and Southwest all declined.
The stocks of major cruise lines declined in premarket trading following three Covid-19 outbreaks in the past week on ships operated by Carnival and Royal Caribbean. Carnival, Royal Caribbean, and Norwegian Cruise Line were all down in the premarket.
The Wall Street Journal reported that activist investor Starboard Value had taken a 6.5% stake in the internet domain name registration company.
Apple was accused of breaking competition laws in the Netherlands and ordered to change its App Store payment policies. Apple will appeal the ruling.
According to an SEC filing, the insurer will reiterate its earnings guidance at its upcoming investor meetings. The company expects adjusted earnings of at least $20.35 per share in 2021.
According to a report in the Financial Times, the drugmaker is fighting a shareholder proposal that would open up its vaccine technology to poorer countries. Moderna has received a lot of government financial support, so the proposal calls on it to explain why its prices are so high. Moderna fell in the premarket.
The car rental firm's shares jumped 2.6% in premarket trading. Kayak says the average daily rental rate is $81 per day. That is up from a year ago.
Didi fell 1.3% in the premarket after the Financial Times reported that Didi was blocking employees from selling their shares. The company moved to delist in the US.
