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Pre-Open Stock Movers 06/16: Large-Cap Tech Falls on Recession Fears; Twitter Gains (more...)

Published 06/16/2022, 05:21 AM
Updated 06/16/2022, 09:23 AM
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Pre-Open Stock Movers:

Advent Technologies Holdings, Inc. (NASDAQ:ADN140% HIGHER; received notification from the Greek State for funding under the Important Projects of Common European Interest (IPCEI) Hydrogen Technology, Green HiPo. The notification from the Greek State has been sent to the European Union (EU) under the IPCEI framework. Upon EU ratification, total funding of euro 782.1 million for Advent's Green HiPo project will be made available over a period of six years.

AC Immune SA (NASDAQ:ACIU) 25% LOWER; announced results from the Alzheimers Prevention Initiative (API) Autosomal Dominant Alzheimer's Disease (ADAD) Colombia Trial. The study evaluated the potential of crenezumab, an investigational medicine, to slow or prevent Alzheimer's disease in cognitively unimpaired people who carry a specific genetic mutation that causes early-onset Alzheimer's disease. Numerical differences favoring crenezumab over placebo were observed across the co-primary, multiple secondary, and exploratory endpoints, though none were statistically significant.

MicroStrategy Incorporated (NASDAQ:MSTR5% LOWER; falls as bitcoin is back near $21K

Coinbase Global , Inc. (NASDAQ:COIN) 4% LOWER; falls as bitcoin is back near $21K

Kroger (NYSE:KR) 2% LOWER; reported Q1 EPS of $1.45, $0.16 better than the analyst estimate of $1.29. Revenue for the quarter came in at $44.6 billion versus the consensus estimate of $43.68 billion. Kroger sees FY2022 EPS of $3.85-$3.95, versus the consensus of $3.84.

Tesla (NASDAQ:TSLA) 4% LOWER; Large-cap tech stocks are sharply lower in pre-open trading Thursday with futures down on the surprise rate hike from the Swiss bank and recession fears.

Amazon (NASDAQ:AMZN) 3% LOWER; Large-cap tech stocks are sharply lower in pre-open trading Thursday with futures down on the surprise rate hike from the Swiss bank and recession fears.

Twitter (NYSE:TWTR) 1% HIGHER; Tesla CEO Elon Musk will reportedly tell Twitter employees today that he is committed to taking the social media company private.

Microsoft (NASDAQ:MSFT) 2% LOWER; Large-cap tech stocks are sharply lower in pre-open trading Thursday with futures down on the surprise rate hike from the Swiss bank and recession fears.

Apple (NASDAQ:AAPL) 3% LOWER; Large-cap tech stocks are sharply lower in pre-open trading Thursday with futures down on the surprise rate hike from the Swiss bank and recession fears.

Alphabet (NASDAQ:GOOGL) 2% LOWER; Large-cap tech stocks are sharply lower in pre-open trading Thursday with futures down on the surprise rate hike from the Swiss bank and recession fears.

Meta Platforms, Inc. (NASDAQ:META3% LOWER; Large-cap tech stocks are sharply lower in pre-open trading Thursday with futures down on the surprise rate hike from the Swiss bank and recession fears.

 

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