7 September 2021
3695
2 min.
19
New York Stock Exchange premarket on Tuesday
Shares in Boeing (NYSE:BA) fell 1% after European budget airline Ryanair, one of the US plane maker's biggest customers, broke off talks over a deal to buy the 737 MAX 10 jets over a disagreement over price.
AMC Entertainment (NYSE:AMC) shares rose 2.3% after Marvel's "Shang-Chi and the Legend of the Ten Rings" grossed about $90 million in North American cinemas this past weekend, a record for the debut Labor Day weekend and a boost for the cinema chain.
Match Group (NASDAQ:MTCH) shares jumped 9.7% after the company, which owns dating apps Tinder, Hinge and OkCupid, was included in the S&P 500 index.
Columbia Property (NYSE: CXP) shares soared more than 15% after Pacific Investment Management announced it was buying the real estate investment trust for $2.2 billion.
JD.com (NASDAQ:JD) shares rose 1.7% after news that the company's founder and chief executive will shift his focus to the e-commerce giant's long-term strategy, creating a new position president to lead the company's day-to-day operations.
Moderna (NASDAQ:MRNA) shares fell 0.7%, while Pfizer (NYSE:PFE) shares rose 0.3% after comments from a leading US infectious disease expert. He suggested that an additional vaccine for COVID-19, manufactured by Pfizer, is likely to get the go-ahead soon, while the additional Moderna vaccine may take a little longer.
Johnson & Johnson (NYSE:JNJ) shares fell 0.6%, Merck (NYSE:MRK) shares fell 0.5% and Amgen (NASDAQ:AMGN) shares fell 0.7% after Morgan Stanley (NYSE:MS) lowered its investment rating on the three pharmaceutical companies' shares from "above-market" to "mid-market", saying that their upside is limited to current levels.
Spotify (NYSE:SPOT) shares rose 4.8% as KeyBanc upgraded the stock from "average" to "above-market", saying the number of monthly active users appears to have returned to its previous level.
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