Morning Movers
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CHIPMAKER.STOCKS -0.20%
Chipmaker Stocks – Coming off the first negative session in five as a group yesterday. Samsung Electronics and Micron Technology, two of the world’s largest memory chip makers, warned that a Covid-19 lockdown in the Chinese city of Xi’an could affect their chip manufacturing bases in the area. Micron said on Wednesday the lockdown could lead to delays in the supply of its DRAM memory chips, which are widely used in data centers. AMD, NVDA, MU, AMAT, INTC

LCID.NQ -0.54%
Lucid Group – Citigroup resumes coverage with a “Buy” rating pointing to “Several positive catalysts in 2022,” that could help the EV stock rally over 50%.

JNJ.NY 0.12%
Johnson & Johnson – Higher on light volume premarket after releasing further data confirming its COVID-19 vaccine demonstrates 85% effectiveness against hospitalization in South Africa among healthcare workers when Omicron was dominant from mid-Nov to mid-Dec. The company said a booster generated 41-Fold increase in Neutralizing antibodies, 5-Fold Increase in T-cells against Omicron.

BIIB.NQ -6.57%
Biogen Inc – Back to earth this morning after Samsung Group denied a report late yesterday the two were in talks over a possible $42b acquisition. Samsung BioLogics Thursday denied a media report that said the South Korean firm was in talks to buy BIIB, calling the report “untrue”

TRAVEL.STOCKS -0.38%
Travel Stocks – Airlines lower for the third day in a row as covid related staffing issues continue to cause mass cancellations for carriers. Delta Air Lines yesterday said it was expecting to cancel about 250 of 4,158 scheduled mainline and Delta connection flights on 29 Dec. UAL, AAL, DAL, LUV, SAVE, CCL, RCL, NCLH

TSLA.NQ -0.88%
Tesla Inc – Announced a recall for what amounts hundreds of thousands of vehicles Thursday. In its latest quality control move the company has found an issue stemming from opening and closing the trunk lid that may damage the rearview camera cable harness and increase the risk of a crash. Tesla filed a recall with the National Highway Traffic Safety Administration (NHTSA) on Dec. 21 for 356,309 U.S. vehicles that could be prone to wiring harness damage.

RELI.NQ 18.88%
Reliance Global Group – Continues to attract attention on social media sites after the micro cap real estate company announced a private placement last week. 10m share free float.

DIDI.NY -3.24%
Didi Global – Lower premarket trading after reporting a 1.7% decline in third-quarter revenue and a loss of $4.7 billion, stemming from a regulatory crackdown. Shares were down 8.2% Wednesday and have fallen in 12 of the past 15 trading days following its recent delisting announcement.

KPRX.NQ 19.32%
Kiora Pharmaceuticals – Higher premarket, the micro cap pharma company reported positive top-line data earlier this month on a possible treatment for dry eye disease.

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