📈 Stock Market Today: S&P looking to close August with longest winning streak in 4 years
Here's what is happening in the markets today, Tuesday, August 31st
Here's what is happening in the markets today, Tuesday, August 31st:
- S&P setting up to finish August positive with longest monthly winning streak in 4 years (since Dec 2017).
- Zoom Video (ZM) down 14% pre-market in spite of an earnings beat.
- Chico's FAS (CHS) up almost 5.0% pre-market after a surprise profit.
- Designer Brands (DBI) up over 7.0% after EPS that was 0.32 better than expected and a rev beat.
- Robinhood (HOOD) down almost 4.0% in pre-market trading after news that PayPal (PYPL) is considering launching its own stock trading platform. But the bigger news is SEC Chairman Gary Gensler saying that a ban on payment for order flow is "on the table."
- Virgin Galactic (SPCE) is up 3% pre-market after an analyst upgrade.
- Support.com (SPRT) getting some meme/WSB love? The heavily shorted stock jumped 38% yesterday and is up over 4.0% pre-market.
- Moderna (MRNA) up over 1.0% pre-market after a study published by the Journal of the American Medical Association said that Moderna's vaccine produced more than double the number of antibodies.
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- S&P setting up to finish August positive with longest monthly winning streak in 4 years (since Dec 2017).
- Zoom Video (ZM) down 14% pre-market in spite of an earnings beat.
- Chico's FAS (CHS) up almost 5.0% pre-market after a surprise profit.
- Designer Brands (DBI) up over 7.0% after EPS that was 0.32 better than expected and a rev beat.
- Robinhood (HOOD) down almost 4.0% in pre-market trading after news that PayPal (PYPL) is considering launching its own stock trading platform. But the bigger news is SEC Chairman Gary Gensler saying that a ban on payment for order flow is "on the table."
- Virgin Galactic (SPCE) is up 3% pre-market after an analyst upgrade.
- Support.com (SPRT) getting some meme/WSB love? The heavily shorted stock jumped 38% yesterday and is up over 4.0% pre-market.
- Moderna (MRNA) up over 1.0% pre-market after a study published by the Journal of the American Medical Association said that Moderna's vaccine produced more than double the number of antibodies.
If you enjoyed the "Stock Market Today" episode, make sure to subscribe to this podcast.
And for more stock market news, visit https://rockwelltrading.com.
#todaysstockmarket #stockmarkettoday #stockmarket