By Peter Nurse
Investing.com -- Stocks in focus in premarket trade on Wednesday, December 15th. Please refresh for updates.
- Eli Lilly (NYSE: LLY ) stock rose 5.5% after the drug company raised its full-year 2021 profit and sales forecast, helped partly by a recent U.S. government contract for its Covid-19 antibody treatment.
Ocugen (NASDAQ: OCGN ) stock rose 5.4% after the biotech company said it has data suggesting its Covid-19 vaccine could provide protection against both current and future variants of the virus.
- Oracle (NYSE: ORCL ) stock rose 0.2% after the U.S. tech giant announced it has opened cloud regions in Stockholm and Milan as the pandemic increased demand for cloud computing tools.
Digital World Acquisition Corp (NASDAQ: DWAC ) stock rose 5% following the news that the video distribution platform Rumble signed a partnership agreement with Trump Media, Donald Trump’s new media company which is merging with DWAC.
Vir Biotechnology (NASDAQ: VIR ) stock rose 5.7% after the drugmaker announced further data showing that its Covid-19 antibody therapy, developed in partnership with GlaxoSmithKline (NYSE: GSK ), was effective against the Omicron variant.
United Parcel Service (NYSE: UPS ) stock rose 1.1% after Citigroup (NYSE: C ) upgraded its investment stance to ‘buy’ from ‘neutral, taking a more constructive stance on the delivery firm, and ranking it ahead of FedEx (NYSE: FDX ).
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.