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Travel Stocks – Trading higher as a group premarket even with the latest covid figures showing the US reporting on average over 100k cases/day over the past week while 13 states have now confirmed multiple cases of the new omicron variant. Multiple positive analyst moves in the airline group this morning with SAVE and AAL both receiving PT increases. Meanwhile a Norwegian Cruise Line ship docked in New Orleans over the weekend with at least 17 passengers and crew members infected with the coronavirus, according to local health officials, including one probable case of the omicron variant among the crew. AAL, UAL, DAL, SAVE, CCL, RCL, NCLH

COIN.NQ -4.61%
Coinbase Global – Down sharply in early trading following BTCs weekend selloff that saw the world’s largest cryptocurrency lose over one fifth of its value at one point. Traders said the fall was connected with risk-off moves in markets over worries about the Omicron variant of the coronavirus and lower trading liquidity. HUT, BTBT, RIOT, MARA, MSTR, COIN all sharply lower.

LCID.NQ -13.22%
Lucid Motors – Shares of the luxury electric-car maker Lucid Group Inc LCID.O slide 13% to $41.10 in premarket trade — set for a fifth straight session of decline. LCID says it has received a subpoena from the U.S. Securities and Exchange Commission, requesting documents related to an investigation on its blank-check deal with Churchill Capital Corp. The company said that it is cooperating fully with the SEC in its review.

RIVN.NQ -3.44%
Rivian Automotive – Holding the key $100 support level, at least five brokerages initiate coverage on the EV maker with PTs set between $104 and $165. JP Morgan said “It (Rivian) is differentiated from other EV peers by its strong strategic partners, simultaneous focus on both light and commercial vehicles, and by its substantial capital base” – JP Morgan

NVDA.NQ -4.43%
Nvidia Corp – Down another 4% in early trading on top of last week’s slide, the move follows news of continuing obstacles to its planned takeover of British chipmaker ARM. EU antitrust regulators have halted their investigation of the deal as they await more information, and last week the U.S. FTC sued to block the transaction.

CFVI.NQ 21.09%
CF Acquisition Corp – The Rumble SPAC is back on watch very active premarket trading up more than 20%, CFVI rallied late in the session Friday on reports that the former president Trump’s Truth Social will pay Rumble for distribution and other services.

DWAC.NQ 8.07%
Digital World Acquisition Corp – Higher premarket along with familiar names linked to former U.S President Donald Trump’s social media venture after it said on Saturday it had raised ~$1 bln from unidentified investors. The plans for the capital raise were first reported by Reuters on Wednesday. PHUN, MARK are also notably higher again.

LGVN.NQ -7.85%
Longeveron Corp – Extending delcines from Friday’s session after rallying more than 600% in November, after it was announced that the company received a Rare Pediatric Disease (RPD) designation for its Lomecel-B treatment. The news attracted attention on social media as the stock has a 2.9m free float.

ACET.NQ 42.45%
Adicet Bio – Announced positive interim clinical data from gamma delta CAR T Investigational cell therapy.

DIDI.NY -6.59%
DIDI Global – Down another 8% premarket after Friday’s selloff, the company announced it will delist from the NYSE and pursue a Hong Kong listing.

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