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Home›Pre-market›Avenue Therapeutics, Shopify, Wynn Resorts, Digital World Acquisition Corp

Avenue Therapeutics, Shopify, Wynn Resorts, Digital World Acquisition Corp

By Paul Gonzalez
February 16, 2022
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U.S. stocks were expected to open lower on Wednesday after stronger-than-expected retail sales data gave the Federal Reserve more ammunition to tighten policy, while geopolitical tensions over Russia and Ukraine prompted prudence.

As of 9:10 a.m. ET, Dow e-minis were down 0.43% at 34,755. S&P 500 e-minis were down 0.50% at 4,442, while Nasdaq 100 e-minis were down by 0.66% to 14,513.25.

**Digital World Acquisition Corp (DWAC.O): Up 2.8%, BUZZ-Trump-linked SPAC extends gains on beta launch of media platform Truth Social

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** Avenue Therapeutics (ATXI.O): 45.9% decline pre-market

**Wynn Resorts (WYNN.O): 2.8% drop in pre-market BUZZ-Down after mixed results, property sale

**Shopify: Down 9.9% pre-market BUZZ-Warns of slowing revenue growth, stocks fall

** Generac Holdings Inc (GNRC.N): Up 8.1% pre-market BUZZ-Up as growth across all segments drives earnings down

**Cedar Fair (FUN.N): 8.3% drop before market BUZZ-Set for worst day in 2 years after SeaWorld takeover bid rejected

** NU Holdings (NU.N): Up 1.7% premarket BUZZ-Set to extend gains, Berkshire Hathaway reveals stake

** Devon Energy (DVN.N): 2.0% rise in BUZZ-Rises pre-market on strong earnings and higher dividend

** Intel Corp: down 0.2% pre-market

** Corsair Gaming (CRSR.O): Up 7.3% pre-market BUZZ-Rises as co to join the S&P SmallCap 600

**Gaotu Techedu Inc (GOTU.N): Down 4.1% pre-market BUZZ-Co to halt tutoring services for high school students, shares slide

**Toast Inc (TOST.N): 18.2% pre-market decline BUZZ-Plunges as higher spending leads to bigger-than-expected fourth-quarter loss

** HOOKIPA Pharma Inc (HOOK.O): 53.0% increase in pre-market BUZZ-Rises on modified HIV collaboration with Gilead

** Wix.com (WIX.O): 16.2% drop in pre-market BUZZ – Down on weak forecasts and results

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Compiled by Manya Saini in Bangalore

Our standards: The Thomson Reuters Trust Principles.

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