TradingView News: Li-Cycle Holdings, Crypto Stocks, and Align Technology


TradingView News: Li-Cycle Holdings, Crypto Stocks, and Align Technology

Investors were cautious as U.S. stock index futures remained subdued on Wednesday, with a wait-and-see approach to a raft of economic data expected later in the week. This data includes producer prices and retail sales numbers, which could provide clues about the Federal Reserve’s policy direction. At 7:31 AM ET, Dow e-minis were up 0.09% at 39,066, S&P 500 e-minis were up 0.08% at 5,181.25, and Nasdaq 100 e-minis were up 0.01% at 18,229.25.

The top three gainers on the NYSE premarket were Li-Cycle Holdings, Barnes & Noble Education, and MariaDB PLC, with percentages increases ranging from 15.6% to 20.9%. Meanwhile, the top three losers on the NYSE premarket were Enviri Corp, WideOpenWest Inc, and Altice USA, with decreases ranging from 5.6% to 18.4%.

On the Nasdaq, NuCana plc, ShiftPixy, and Minim were the top gainers premarket, with percentage increases ranging from 42.7% to 111.7%. Meanwhile, the top three losers on the Nasdaq premarket were Nexttrip, Luna Innovations, and Intel Corp, with decreases ranging from 1.4% to 22.4%.

Various companies experienced notable movement in premarket trading, with some, like Li-Cycle Holdings Inc and NextEra Energy Inc, seeing gains, while others, like Dollar Tree Inc and ProFrac Holding Corp, experienced losses. Crypto-related stocks, such as Bitfarms Ltd and Riot Platforms Inc, saw gains as bitcoin reached a record high. Additionally, Align Technology Inc saw a rise as Piper Sandler set a street-high price target.

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