Morning Movers
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HD.NY 0.66%
Home Depot Inc – Traded higher aftermarket yesterday following an announcement from the world’s largest home improvement retailer, today announced that its board of directors declared a first quarter cash dividend of $1.65 per share. The dividend is payable on June 17, 2021, to shareholders of record on the close of business on June 3, 2021. The board of directors also authorized a new $20 billion share repurchase program, replacing its previous authorization.

SPCE.NY 3.84%
Virgin Galactic Holdings – Active in the premarket again this morning coming off a wild ride on Thursday, SPCE confirmed the date of its upcoming test flight for SpaceShipTwo Unity, scheduling for May 22.

FL.NY 2.43%
Foot Locker – Up 4% premarket after posting better than expected results for its latest quarter, the athletic apparel retailer reporter EPS of $1.96/share as same store sales rose 80.3%. Q1 sales of $2.15b easily topped estimates of $1.88b. FL however did not provide any forward looking guidance.

OTLY.NQ 6.39%
Oatly Group AB – The Sweden based vegan food and drink company backed by Oprah, Jay-Z and other celebrities made its debut on the Nasdaq yesterday raising more than $1.4b in its IPO. Shares closed Thursday at $20.20 in New York trading, giving the company a market value of about $12 billion.

SQSP.NY 1.24%
Squarespace Inc – The other notable new addition this week recovered all of its first day losses to close near day highs yesterday adding more than 14% on the session. The website maker and hosting services provider came to market with a $6.5b valuation vs competitors WIX.com $13.9b and Godaddy $13.6b.

TSLA.NQ 1.82%
Tesla Inc – Higher in premarket trading for the second straight session, the stock has been under pressure this week as cryptocurrency market volatility became the social media focus of Elon Musk. Tesla is also said to be close to establishing a presence in Russia and is looking at whether it could open factories there. BOA out with a note this morning suggesting investors should not be surprised to see furter equity raises in the near future from the company as well.

FSR.NY 2.27%
Fisker Inc – Is set to develop the first all-electric vehicle for Pope Francis, after a historic visit to Vatican City this week. Fisker has announced it has signed framework agreements with Hon Hai Technology Group (Foxconn) supporting joint development and manufacturing related to Project ‘PEAR’ (Personal Electric Automotive Revolution), a program to develop a new electric vehicle.

CRUISE.STOCKS 1.35%
Cruise Operators – CCL, RCL, NCLH all traded higher in the post market trading yesterday, Carnival Corp was the latest of the three to announce summer restart plans in the United States. CCL cruise brands Princess Cruises, Holland America Line and Carnival Cruise plan to resume trips starting with Alaska sailings in July. Alaska cruises open for those who have received the final dose of COVID-19 vaccine. RCL and NCLH have also laid out plans for summer trips.

T.NY 1.42%
AT&T Inc – Trading higher in the premarket after a UBS upgrade this morning, shares traded solidly higher Thursday following a three session slide on the Warner Media merger news that will lead to a halving of its dividend. The stock is still down more than 13% this week.

LIDAR.STOCKS -0.04%
Lidar Stocks – LAZR, MVIS, VLDR on watch after big moves late in the session yesterday that followed reports and photos circulated on Twitter of a Tesla model Y testing Luminar’s lidar sensors. Self-driving technology consultant Grayson Brulte tweeted photos of a Model Y with lidar sensors and a California manufacturing plate spotted on the road in Florida.

JZXN.NQ 29.92%
Jiuzi Holdings – China based small-cap new energy vehicle retail store operator trading higher after three straight negative sessions, the company made its debut Tuesday raising $26m in its IPO.

UONE.NQ 4.29%
Urban One Inc – Higher premarket after yesterday’s impressive rally that followed news Richmond, Virginia recommended the company’s ONE Casino + Resort plans to be the city’s casino gaming operator.

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