Dear friends,
Here the news of the top today's Market Movers (Part 1 of 2):
? $GME (GameStop Corp New) 9.00%
Trading sharply higher premarket after announcing the company has completed its previously announced equity offering, selling 5m shares of common stock generating gross proceeds of $1.13b.
? $AMC (AMC Entertainment Holdings Inc) 0.34%
Looking to bounce after Monday's slide, down another 2% pre market however but holding key support areas above the $50-$55 range on the daily chart.
? $PLUG (Plug Power Inc) 1.68%
The alternative energy and fuel cell focused company reported EPS that missed expectations by $0.04/share while revenue for the quarter topped estimates. Plug reported a qtrly loss per share $0.12 on revenue $73.7m. Plug also reaffirmed recently raised gross billing targets for the remainder of 2021.
? $MVIS (MicroVision Inc) -10.07%
Another retail favorite trading sharply lower premarket, the company announced after market yesterday it entered into a $140 million At-the-Market (ATM) equity offering agreement with Craig-Hallum Capital Group.
? $SAFM (Sanderson Farms Inc) 11.38%
The third-largest poultry producer in the US is said to be exploring a potential sale as prices for chicken and other meats rise.
by -
www.etoro.com/people/kainite
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