Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.
Don't Miss Our New Year's Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
1. STOCK NEWS:
- Boeing (BA) shares were under pressure following a Jeju Air 737-800 crash in South Korea
- The U.K.’s Competition and Markets Authority is investigating the anticipated acquisition of HashiCorp (HCP) by IBM (IBM)
- Vacasa (VCSA) agreed to be acquired by Casago for $5.02 per share
- Vera Bradley’s (VRA) largest stakeholder, Fund 1, said the company should consider strategic alternatives, including a sale
- Aurelius Value said it is long Amentum (AMTM), noting it sees unrecognized “hidden assets”
2. WALL STREET CALLS:
- American Airlines (AAL) upgraded to Outperform from Market Perform at Raymond James
- Citius Pharmaceuticals (CTXR) upgraded at D. Boral Capital, here’s why
- Argus gets more bearish on Nordstrom (JWN), downgrades shares to Sell
- NewAmsterdam Pharma (NAMS) initiated with bullish view at H.C. Wainwright
- Wedbush starts Rocket Pharmaceuticals (RCKT) with Outperform into “inflection year”
3. AROUND THE WEB:
- Roche (RHHBY) is not planning job cuts and says its business is healthy, Reuters reports
- Take-Two Interactive (TTWO) is set to release “Grand Theft Auto VI” in the fall, which is expected to be the biggest entertainment launch in 2025, FT reports
- ByteDance planned to spend $7B on Nvidia (NVDA) chips in 2025, The Information says
- Vivid Seats (SEAT) is exploring a sale after receiving interest, Bloomberg says
- The Chinese-linked Salt Typhoon cyberespionage operation targeted AT&T (T) and Verizon’s (VZ) systems, but the wireless carriers’ U.S. networks are now secure, Reuters reports
4. MOVERS:
- Hesai (HSAI) higher after delivering more than 100,000 lidar units during the month of December
- Axsome (AXSM) falls after one of its two Alzheimer’s trials missed its primary endpoint
- MicroStrategy (MSTR) lower after disclosing the purchase of 2,138 bitcoin last week
- KULR Technology (KULR) declines after announcing an active collaboration with the U.S. Army
- Tilray (TLRY) down after in New York announcing the latest cannabis beverages from the Solei, Mollo, and XMG cannabis brands in Canada
5. EARNINGS/GUIDANCE:
- Worksport (WKSP) expects to exceed 2024 revenue view of $8M
- Nano Nuclear Energy (NNE) reported FY24 results, with EPS lower year-over-year
- Greenway Medical (GWAY) provided guidance for FY25
- Constellation Brands (STZ) to report Q3 results on January 9
- Delta Air Lines (DAL) to report Q4 results on January 10
INDEXES:
Near midday, the Dow was down 1.00%, or 431.80, to 42,560.41, the Nasdaq was down 1.08%, or 213.76, to 19,508.27, and the S&P 500 was down 1.01%, or 60.32, to 5,910.52.
Published first on TheFly – the ultimate source for real-time, market-movingbreaking financial news Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on AAL:
- American Air upgraded, Nordstrom downgraded: Wall Street’s top analyst calls
- American Airlines upgraded to Outperform from Market Perform at Raymond James
- Morning Movers: Rapt Therapeutics rises after upgrade
- Boeing (NYSE:BA) Bullish on 2025
- American Airlines says resolved vendor issue that briefly affected flights
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
