China 3x Bull ETF (YINN) is slowly dropping back down below $20. YINN is a strong buy below $17 if we ever see another big drop. Resistance will be located up around $21.
China 3x Bull ETF ($YINN) is slowly dropping back down below $20. YINN is a strong buy below $17 if we ever see another big drop. Resistance will be located up around $21.
Shares of MoneyGram ($MGI) are moving notably higher in pre-market trading after Alibaba ($BABA) affiliate Ant Financial increased its offer to acquire the money transfer service to $1.2 billion from $880 million.
Medical test maker Alere ($ALR) is also seeing pre-market strength after agreeing to an amended merger agreement with Abbott ($ABT) valuing the company at $5.3 billion compared to the original $5.8 billion offer.
Meanwhile, shares of Eli Lilly ($LLY) and Incyte ($INCY) are under pressure in pre-market trading after the FDA declined to approve their drug for the treatment of moderate-to-severe rheumatoid arthritis.
Shares of UnitedHealth ($UNH) may see early strength after the health insurer reported better than expected first quarter results and raised its full-year guidance.
After the close of trading on Monday, Netflix ($NFLX) reported first quarter earnings that came in above analyst estimates. The video streaming service reported revenues that matched expectations.
Shares of Ultragenyx Pharmaceutical ($RARE) are moving sharply higher in pre-market trading after the biopharmaceutical company released positive Phase 3 results for its drug to treat x-linked hypophosphatemia.
On the other hand, tech giant IBM Corp. ($IBM) may come under pressure after reporting first quarter earnings that beat analyst estimates but on weaker than expected revenues.