BlackBerry, Tesla, Cassava Sciences, Paychex: What to Watch When the Stock Market Opens Today

Date:

Stock futures were little changed after major Wall Street indexes snapped a three-day losing streak. Here’s what we’re watching in Wednesday’s trading:

  • BlackBerry


    BB 4.17%

    slipped 1.2% ahead of the bell. The Canada-based security software provider posted better-than-expected revenue, but sales fell from a year earlier.

  • Cassava Sciences


    SAVA 18.77%

    added 1.4% premarket. The drug developer said Tuesday it was told by Neuroscience, an academic journal, that there was no evidence to support claims of data manipulation in a 2005 paper written by the company and its collaborators.

  • Tesla


    TSLA 4.29%

    was a bright spot in premarket trading, adding 2.8%. Other electric-vehicle makers weren’t so lucky.

    Rivian


    RIVN 7.60%

    shed 0.4%,

    Lordstown Motors


    RIDE 4.03%

    slipped 0.8% and China’s

    Nio


    NIO 7.10%

    ticked down 0.3%.

A Tesla Model 3, at center, flanked by two Model Y vehicles that are used by a Tesla dealership as test-drive vehicles, Feb. 8, 2021.



Photo:

michael reynolds/Shutterstock

Chart of the Day
  • Americans are paying more than ever to stash their extra stuff and filling space rapidly, lifting storage stocks.

Write to James Willhite at james.willhite@wsj.com

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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The post BlackBerry, Tesla, Cassava Sciences, Paychex: What to Watch When the Stock Market Opens Today appeared first on Eminetra.

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