| April 5, 2022 Welcome to the BRAND NEW Stock Dork Premarket Report, your go-to guide for the day's biggest trading news and hottest premarket stocks. Keep an eye out for our Premarket Reports moving forward and, as always, we invite you to reply to this email with your feedback, suggestions, or comments. It's Tuesday, April 5th. Let's get ready to trade! |
Tech stocks rallied yesterday as the Nasdaq powered to a 1.9% gain. The S&P 500 advanced 0.8% on the session, and the Dow added 0.3%. The small-cap Russell 2K index jumped 0.2%. Today, futures are down in the early morning premarket, with Dow and S&P 500 contracts showing a 0.2% decline. Carnival Corp. [CCL] - Last Close: $19.74 Carnival Corp is soaring on an upbeat business update. After Monday's closing bell, the cruise operator announced that last week was its biggest booking week in history. Carnival said it saw a double-digit increase in bookings from its previous one-week bookings record. The company now has 22 of its 23 ships back in operation, and the final ship is expected to return to the seas on May 2nd. Carnival also has plans to add a new ship to its fleet in November. CCL is leading the S&P 500 with a 3.9% gain. System1 Inc [SST] - Last Close: $16.51 System1 is surging on strong earning s numbers. The tech company reported earnings and revenues that beat Wall Street's targets by a wide margin. System1 earned net income of $31 million, marking a more than 4X increase from last year, and revenues of $238.9 million. Analysts only expected net income of $13.7 million on revenues of $160.9 million. System1's full-year forecast of $1 billion also beat the consensus estimate of $994.8 million. SST is trading actively with a 16.1% gain. Recon Technology [RCON] - Last Close: $1.07 Recon Technology is breaking out on news of major insider activity. The Beijing-based petroleum and mining technology support company's co-founder, Shenping Yin, released a 13D filing showing that he raised his stake in the company from 12% to 50%. Yin's decisions to drastically upsize his position in the company has sparked a wave of speculation around the stock, and many believe a big announcement could be in the company's future. RCON is up 27.1% on active trading volume. Guardforce AI [GFAI] - Last Close: $1.61 Guardforce AI is beating back the shorts with a premarket rally. The cybersecurity company has become a prime short target, with short interest growing 504% from the previous week. As of now, a total of 38% of Guardforce AI's share float is short. Costs to borrow shares are extremely elevated at 171%. However, it seems the short busters saw an opportunity, and a short squeeze could be developing in Guardforce AI. Shares of GFAI are up 13.7% on heightened trading volumes ahead of today's opening bell. |
Gainers Alterian [ATER] >> +10.8% Lilium NV [LILM] >> +7.2% Patriot Transportation [PATI] >> +15.3% Decliners Protalix [PLX] >> (5.4%) Imara Inc [IMRA] >> (39.0%) GWG Holdings Inc [GWGH] >> (28.7%) Acuity Brands [AYI]... AM Lindsay [LNN] ... AM Cognyte Software [CGNT] ... AM SMART Global [SGH] ... PM Array Technologies [ARRY] ... PM Novagold Resources [NG] ... PM Landec [LNDC] ... PM |
Foreign Trade Deficit [Feb] ... 8:30a ISM Services Index [Mar] ... 10a |
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