Time to go through the stock market performances of Liberty Global, Bed Bath & Beyond, and more companies, and see how they have performed in today’s stock market.
Liberty Global Stocks Surged by 2.3%
The stock prices for Liberty Global have experienced a 2.3% surge in premarket trading. The rise in the shares prices of the telecommunication company was recorded after the analysts at Credit Suisse made a change to its stock status.
According to the report, the analysts at Credit Suisse upgraded the stock status of Liberty Global. Following the upgrade, the stock status of Liberty Global is “outperform”. Before the upgrade, the stock status for Liberty Global at Credit Suisse was “neutral”.
The analysts at Liberty Global also shared their remarks about the telecommunication company after upgrading its status. They revealed that Liberty Global has been recording a lot of positive momentum in its user base recently. Therefore, they have upgraded their stock status based on their promising growth in the upcoming quarters.
Bed Bath & Beyond Stocks Surged by 2%
The share prices for Bed Bath & Beyond went up in the premarket trading. The report has confirmed that the growth rate for Bed Bath & Beyond was 2%. The reason behind the surge was the announcement made by the officials at Bed Bath & Beyond about three major personalities joining their board of directors.
As announced, the three major personalities are from RC Ventures, which is a venture capital firm run by Ryan Cohen, an activist investor.
Nio Observed a 9% Dip in Stock Prices
The share prices for Nio have dipped by 9% in the premarket trading. The shares of Nio experienced a dip in the US stock market. The reason behind the dip was the announcement of earnings results by Nio for the fourth quarter of 2021.
In the earnings report, Nio confirmed that it had successfully generated a revenue higher than the estimations made by the analysts. However, the full-year guidance estimations it shared for the year 2022 were much lower than the estimations made by the analysts at StreetAccount.
Joby Aviation Shares Uplift by 12%
The share prices for Joby Aviation have experienced a very high surge in premarket trading. According to a stock market report, the share prices for the electric aviation company have experienced a 12% surge.
The reason behind the surge was the earnings report that was recently shared by Joby Aviation. In the report, the officials revealed they generated earnings worth 1 cent per share. The analysts at Morgan Stanley kept the stock status of Joby Aviation to “overweight”.
The analysts remarked that Joby Aviation has been gaining a lot of success and would be one of the top picks among investors in the upcoming months.