Morning Movers
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GME.NY 8.82%
Gamestop Corp – Following a wild few months and a series of recent exec departure GameStop has announced this morning its CEO George Sherman will be leaving this summer. Shares are also rallying on news this morning WallStreetBets investor Keith Gill has reportedly exercised call options to purchase 50,000 additional shares of the company’s stock.

COIN.NQ -1.73%
Coinbase Global Inc – Down nearly 3% in premarket trading after a rocky debut on the Nasdaq last week. The price for BTC has steadied somewhat around $57,000.00 after plunging as much as 14% on Sunday. Smaller rival Ether, the coin linked to the ethereum blockchain network, also up 0.4% to $2,250.22. Bitcoin, the world’s biggest cryptocurrency tumbled to $51,541 on Sunday following speculation the U.S. Treasury may be looking at cracking down on money-laundering activity within digital assets and on reports of mass outage in China’s Xinjiang region affecting miners. BTBT, SI, MSTR, MARA, RIOT, SOS

PTON.NQ -7.08%
Peloton Interactive Inc – U.S. Consumer Product Safety Commission (CPSC) on Saturday warned about the dangers of Peloton’s treadmill called Tread+ following “one death and dozens of incidents of children being sucked beneath the Tread+” CPSC urges consumers with children at home to stop using the product immediately; the warning was accompanied by a video of a child being stuck beneath the machine. BOA PT cut.

FSLR.NQ 3.21%
First Solar Inc – Leading the group higher in premarket trading after Citigroup upgraded the stock to a “Buy” from “Neutral” and raised its PT to $100 from $88.

KO.NY 0.97%
Coca-Cola Co – Higher in premarket trading after reporting Q1 results that topped estimates, the company pointed to strong demand for its beverages from the reopening of restaurants and cinema theaters following accelerated vaccine rollouts. Net revenue rose to $9.02 billion in the first quarter, from $8.60 billion a year earlier, above analysts’ average estimate of $8.63 billion. Net income attributable to the company’s shareholders fell to $2.25 billion, or 52 cents per share, from $2.78 billion, or 64 cents per share, a year earlier.

CLOV.NQ 8.16%
Clover Health Investments Corp – The Chamath Palihapitiya backed former SPAC is back on the move in early trading after Friday’s apparent short squeeze. Shares of Clover soared as much as 36% Friday as chatter circulated through chatrooms and social media boards suggesting the company could be a prime target for a short squeeze spread because of an elevated short interest. Back on Feb. 5, the company said the Securities and Exchange Commission has started a probe after a research report accused the health-insurance company of misleading investors when it went public.

TSLA.NQ -2.60%
Tesla Inc – Trading lower early on with multiple catalysts this morning, we saw the stock follow BTC prices higher last week with many analysts quick to point out the heavy investment into Bitcoin Tesla has recently made. There was also news of a collision in Texas over the weekend that took the lives of two men after a Tesla vehicle, which was believed to be operating without anyone in the driver’s seat. Cathie Wood’s ARK funds sold 134,541 shares of TSLA on Friday according to the company’s trade list.

HOG.NY 8.02%
Harley-Davidson – Touched a fresh 2.5 year high in premarket trading after the company raised its FY sales forecast and also reported a 10% rise in Q1 revenue. HOG said it expects motorcycles business revenue to grow in the range of 30% to 35% in 2021, up from prev estimate of 20%-25%. The company reported Q1 adj EPS of $1.68 on revenue of $1.42 bln, topping market est of EPS 88 cents on rev of $1.25 bln.

CLNE.NQ 15.26%
Clean Energy Fuels – Shares of the renewable energy company are up as much as 15% premarket after announcing it has signed an agreement with Inc to provide low and negative carbon renewable natural gas products to the company. The fuel will be provided at 27 existing CLNE fueling stations and another 19 stations owned by the company that are expected to be constructed by the end of 2021.

TNXP.NQ 13.27%
Tonix Pharmaceuticals – Announced it has entered into exclusive worldwide licensing agreement with Oyagen to develop Antiviral Sars-Cov-2 Inhibitor, TNX-3500, for treatment of Covid-19.

ANPC.NQ 24.00%
AnPac Bio-Medical Sciences – Announced it’s paid CDA-based test volume surge 130% in Q1, the company said it has experienced strong demand for its paid tests based on the cancer differentiation analysis technology (CDA) technology in Q1 2021, setting a record high Q1 test volume. The company’s CDA-based tests reached 5,439 paid cancer tests in Q1, ~130% increase over prior year. While AnPac Bio offers multiple test products including various cancer screening tests, immunology tests and annual physical checkups, paid CDA-based tests had the highest test volume among all these tests in Q1, 2021.

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