Futures have risen, suggesting that the broader stock market could turn a profit for the third quarter despite recent erratic transactions. This is what we are seeing before the regular trading session begins on Thursday.
- Ready to take off: Virgin Galactic SPCE -3.55%
The shares rose 9.2% pre-market after the top US aviation security regulator cleared the space tourism company to operate flights again. The regulator also said that the company did not report an error that occurred during a high-profile mission.
Merck MRK 2.41%
confirmed that it would acquire Acceleron Pharma XLRN -4.06%
for $ 180 a share, a deal that had previously been reported by The Wall Street Journal. Acceleron shares gained 1.9% pre-market and Merck was up 0.4%.
- Results must be submitted prior to the opening of Bed Bath & Beyond,
Paychex PAYX 1.05%
- Camber Energy CEI Oil and Gas Company Shares 6.21%
they have risen 17% before trading since closing at $ 3.42 a share on Wednesday. The action is trending on Twitch, according to Topstonks.com.
- Another stock, social media and entertainment company for kids Grom Social Enterprises,
it skyrocketed 19% before commercialization, having gained 95% in the previous session. The reasons are unclear, as the company did not appear to issue any press releases or regulatory documents.
- Investors at Altria Group MO 0.97%
and Philip Morris International PM 1.09%
They were unfazed after the US International Trade Commission ruled in a patent case filed by rival RJ Reynolds Tobacco that companies must stop imports and sales of its IQOS heated tobacco device. Shares of both companies rose 0.2% pre-market.
Landec LNDC 0.78%
The stock fell 13% hours after the maker of wellness products reported a quarterly loss.
Herman Miller MLHR 1.85%
shares were up 2.2% after hours. The furniture company, which will change its name to MillerKnoll, said it expects revenue this quarter to exceed $ 1 billion, helped by office reopening.
Jefferies Financial Group JEF 0.53%
you must report earnings after closing.
Chart of the day
- The recent Federal Reserve meeting marked a turning point, as expected, with the 10-year Treasury yield rising above 1.5% in subsequent sessions.
Write James Willhite at [email protected]
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