Morning Movers
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MEME.STOCKS 5.56%
Meme Stocks – The ever growing list popular among individual investors tops the volume charts in premarket trading again this morning, with Data Storage DTST up 50%. China’s hip-hop promoter Pop Culture Group CPOP jumped 27.5% looking to log a fifth straight day of gains, trading now nearly 570% above its $6 apiece IPO price. Another China based co, Weidai Ltd WEI which offers loan services, is up more than 10%. Revent addition satellite equipment maker Orbsat Corp OSAT.O is up more than 8%. Bridgeline Digital BLIN is set for its first red day in 7 sessions down 9% premarket while another recent addition Bsquare Corp BSQR shed 8.2%. MRIN, DTST, CPOP, OSAT, BLIN, BSQR were among the top 10 most actively traded stocks across U.S. exchanges on Tuesday.

DIDI.NY -3.92%
DIDI Global Inc – Set to extended losses from Tuesday’s session falling further this morning from the price the shares were sold at in last week’s initial public offering, as China is said to be considering closing a loophole used by firms listing their shares abroad. The ride-hailing company traded as low as $11.90 in New York, after falling 20% to $12.49 in Tuesday’s session, having been sold at $14 in the IPO. Regulators in Beijing are planning rule changes that would allow them to block a Chinese company from listing overseas even if the unit selling shares is incorporated outside China.

BIGTECH.STOCKS 0.67%
BIG Tech – Tuesday we saw the lowest number of Nasdaq listed stocks make all-time highs on a day when the index made fresh all-time highs ever. This all thanks in large part to impressive moves from AMZN, AAPL and MSFT. AMZN shares led the rally as Andy Jassy officially took over for Jeff Bezos as CEO of the retail giant. The stock broke out of a 19 month consolidation rallying to fresh all-time highs, up another 4% premarket.

SPCE.NY 1.86%
Virgin Galactic – Up 2% in early trading after reversing gains from yesterday’s session late in the day. UBS cut its rating to “Neutral” and lowered its PT to $45 noting a near tripling in the stock price from May’s low, also pointing to an upcoming expirations of share lock-ups for roughly 30% of the float.

CHINESE.STOCKS 0.18%
Chinese Stocks – As China’s move to crack down on company’s who choose to list shares abroad continues we’re seeing most major names set to bounce this morning after steep declines on Tuesday. China’s market regulator announced additional fines on a number of internet company’s again Wednesday including Didi Chuxing, Tencent and Alibaba for failing to report earlier merger and acquisition deals for approval, according to a statement on the website of the State Administration of Market Regulation (SAMR). BABA, JD, TME, BIDU, DIDI

BANK.STOCKS -0.05%
BIG Banks – Lower as a group in early trading for the second straight session, the 10-year Treasury yield dipped another 3 basis points below 1.35%, its lowest level since February. The 30-year Treasury yield fell a similar magnitude to 1.97% on Wednesday. JPM, GS, WFC, MS, C, BAC

DARE.NQ 59.87%
Dare Biosciences – On June 30, announced it entered into an agreement with the Bill & Melinda Gates Foundation and were awarded a new grant of up to $48.95 Million.

ONCS.NQ 26.52%
OncoSec Medical – Announced collaboration with Merck to test new skin cancer drug.

BDR.AM 20.53%
Blonder Tongue Laboratories – Announced it has received forgiveness of $1,768,762 of loan proceeds (“PPP Loan”) previously received under the Paycheck Protection Program (“PPP”).

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