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AMC Entertainment – Among the most actively traded premarket stocks once again this morning coming off another impressive move Monday gaining nearly 18%, an SEC filing late last week showed over 80% of its shares were now held by retail investors. Meanwhile, AMC options volume also remains high, Monday 630,000 contracts were traded before noon, Trade Alert data showed, options that expire on Friday made up nearly 40% of the trading.
ContextLogic Inc – Up more than 5% premarket once again, announced Monday a two-year deal with French e-commerce platform PrestaShop. This deal immediately adds more than 300,000 merchants and brands on the PrestaShop platform to the Wish marketplace.
Corsair Gaming – The latest addition to the WallStreetBets hot list, Corsair has earned multiple recent mention on Reddit’s WallStreetBets forum and Stocktwits. Corsair’s short interest is at 18.25% of free float, according to Refinitiv.
Reopening Stocks – Led by travel names trading higher as a group this morning, Spirit Airlines is among the most active rally after a positive Q2 update and a Citi Group upgrade today. Royal Caribbean Group announces proposed offering of senior unsecured notes.DAL, LUV, SAVE, AAL, UAL, RCL, CCL, NCLH
Ocugen Inc – Announced that it has selected Jubilant HollisterStier of Spokane, Washington as its manufacturing partner for COVAXIN™ to prepare for potential commercial manufacturing of COVAXIN™ for the US and Canadian markets.
Cleveland-Cliffs Inc – Coming off last week’s WSB inspired rally, the company announced it increased its Q2 And Full-Year 2021 Financial Guidance this morning.
Boeing Co – The U.S. and European Union announced a resolution of the long-standing dispute over aircraft subsidies involving Boeing and European rival Airbus.
Torchlight Energy Resources – The oil and gas exploration company announced late yesterday it has declared a Special Dividend of Series A Preferred Stock to be issued on a one-for-one basis to Common Stockholders of Record as of the close of market trading on June 24, 2021.
Sage Therapeutics – Trading sharply lower premarket despite “positive” zuranolone data in Phase 3 depressive disorder study.
Clearside Biomedical – Positive trial results, the company said the lowest dose of its drug, CLS-AX, delivered via injection, was well-tolerated with no treatment related adverse events in an early-stage trial to treat wet age-related macular degeneration. Co says it expects to begin another study for a higher dose of 0.1 mg in June 2021.