KNDI - Kandi Technologies Group, Inc.
HUGE - FSD Pharma Inc.
SBPH - Spring Bank Pharmaceuticals, Inc.
KODK - Eastman Kodak Company
OSTK - Overstock.com, Inc.
APA - Apache Corporation
QCOM - QUALCOMM Incorporated
HOLX - Hologic, Inc.
UCTT - Ultra Clean Holdings, Inc.
UPS - United Parcel Service, Inc.
Broad market exchange-traded funds such as ETF SPDR S&P 500 ETF Trust (SPY) and iShares Silver Trust (SLV) were lower while iProShares UltraPro Short QQQ (SQQQ) was lower in Thursday's premarket session. Actively traded Invesco QQQ Trust Series I (QQQ) fell about 0.6%.
Stock futures were in negative territory ahead of the open, with Wall Street digesting the latest Q2 gross domestic product data, which showed a contraction of 32.9% -- less than the expectation for a contraction of 35.0%, according to Econoday estimates. The prior quarter showed a 5.0% contraction.
In other economic data releases, new unemployment claims showed an increase of some 867,000 to 1,430,000 compared with expectations for 1,388,000 according to Econoday estimates. The prior week's number was 1,416,000 new claims.
Market sentiment soured in the previous session after Federal Reserve Chair Jerome Powell said data showed that the US economic recovery was faltering amid the threat of the COVID-19 pandemic as US jobless claims increased and the consumer confidence index waned in July.
Spiking coronavirus cases across the country have also forced some states to enforce lockdowns again derailing the rebound. The virus has claimed over 150,000 lives in the US as of Wednesday and infected nearly 4.5 million.
https://www.mymillennialinvestments.com/index.php/News/Pre-Market-Movers/July-30th-2020