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BREAKING NEWS

GameStop, AMC, Apple Rise Premarket; Merck Falls




imageStock Markets3 hours ago (Jan 25, 2021 08:10AM ET)

(C) Reuters.

By Peter Nurse

Investing.com — Stocks in focus in premarket trade on Monday, January 25th. Please refresh for updates.

  • GameStop (NYSE:GME) stock soared 48%, continuing Friday’s surge, as the video games retailer finds itself in the middle of a battle between short-seller Citron Research and day traders on the web site Reddit.

  • AMC Entertainment (NYSE:AMC) stock climbed 36% after the movie theater chain raised $917 million in equity and debt to help it through its difficulties caused by the pandemic.

  • Apple (NASDAQ:AAPL) stock rose 2.8% after Wedbush lifted its price target to a Street high, up to $175 from $160, with the investment firm saying it expects “eye-popping” iPhone unit sales results later this week.

  • Merck (NYSE:MRK) stock fell 1.3% after the drugmaker ended its Covid-19 vaccine program, citing an inferior immune response.

  • Moderna (NASDAQ:MRNA) stock 1.5% after the drugmaker said that its Covid-19 vaccine is effective against both the U.K. and South African variants of the virus.
  • Kimberly-Clark (NYSE:KMB) stock rose 1.7% after the personal care company beat expectations for its fourth quarter on both the top and bottom lines, raised its dividend and introduced a new $5 billion stock repurchase program.

  • Blackberry (TSX:BB) stock soared 39%, continuing recent strong gains following that the news the software company has settled its patent dispute with Facebook (NASDAQ:FB).

  • Philips (NYSE:PHG) ADR rose 0.9% after the company, which now focuses on healthcare, reported a 7% rise in quarterly earnings

  • Express (NYSE:EXPR) stock soared 140% after the apparel retailer earlier this month announced a deal to add $140 million in financing.

GameStop, AMC, Apple Rise Premarket; Merck Falls

Israel stocks higher at close of trade; TA 35 up 0.35%

Israel stocks higher at close of trade; TA 35 up 0.35%
By Investing.com – Jan 25, 2021

Investing.com – Israel stocks were higher after the close on Monday, as gains in the Communication, Biomed and Technology sectors led shares higher.
At the close in Tel Aviv, the…

Germany stocks lower at close of trade; DAX down 1.66%

Germany stocks lower at close of trade; DAX down 1.66%
By Investing.com – Jan 25, 2021

Investing.com – Germany stocks were lower after the close on Monday, as losses in the Industrials, Insurance and Chemicals sectors led shares lower.
At the close in Frankfurt, the…

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