| | | March 9, 2022 Welcome to the BRAND NEW Stock Dork Premarket Report, your go-to guide for the day's biggest trading news and hottest premarket stocks. Keep an eye out for our Premarket Reports moving forward and, as always, we invite you to reply to this email with your feedback, suggestions, or comments. Today is Wednesday, March 9th. Here's what's moving the market: |
Tuesday's session ended with losses for US indices. The S&P 500 lost 0.7% on the session, and the Dow slid to a 0.6% loss. The tech-heavy Nasdaq fared slightly better with a 0.3% decline. Today, futures trading is predicting a rally at the open. S&P 500 contracts are up 1.5% heading into the open. Ross Stores [ROST] - Last Close: $85.86 Ross Stores is rallying on news of an expansion push.
The discount apparel retailer said it plans to expand its retail footprint with 100 new stores in fiscal year 2022. So far, Ross has already opened 30 new stores in 15 U.S. states and Guam since February. Ross targets its total stores to be 3,600 in the long term, reflecting an increase of 20% from its previous projection. ROST is leading the S&P 500 with a 7.6% gain. Imperial Petroleum [IMPP] - Last Close: $3.05 Imperial Petroleum is sizing up its fleet and shares are rallying. The company announced this morning that it has agreed to acquire two medium range refined petroleum tankers from Brave Maritime for about $31 million and plans to take delivery by the end of May. The tankers were built at SLS Shipbuilding, South Korea, in 2008 and at the Shin Kurushima Dockyard, Japan, in 2001. The tankers have a total capacity of about 97,000 deadweight tonnage. It plans to fund the deals with cash on hand and new senior secured bank debt. IMPP is trading actively with a 15.5% gain. EcoArk Holdings [ZEST] - Last Close: $3.05 EcoArk Holdings is rallying on an upbeat business update. The oil and gas firm announced Tuesday evening that its subsidiary, Banner Midstream Corp, completed the drilling of an oil project on its 9,615-acre oil and gas mineral lease in the Blackhawk oil field in Concordia Parish, Louisiana, on March 4th. EcoArk said the completed well was logged on March 5 and had significant shows in three different zones in the Frio sand formation. ZEST is trading actively with a 27.5% gain. TC Biopharma Ltd [TCBP] - Last Close: $0.9651 TC Biopharma is trending after a couple of upbeat announcements. Yesterday, the company announced that a Phase 1a/2b study into its investigational blood cancer treatment, OmnImmune, found the therapy was safe and tolerable. The study included seven patients and didn't yield any adverse events at any dose level. Last night, TC Biopharma also completed a regulatory filing revealing a planned registered offering. The company plans to sell 4.11 million shares to be represented by American Depository Shares. TCBP is trading actively with a 39.9% gain. |
| Gainers TDH Holdings [PETZ] >> +20.0% Direct Digital Holdings [DRCT] >> +109.2% Ecmoho Ltd [MOHO] >> +36.3% Decliners Hycroft Mining Holdings [HYMC] >> (12.0%) Cricut Inc [CRCT] >> (32.1%) Yext Inc [YEXT] >> (32.4%) Campbell Soup [CPB] ... AM Thor Industries [THO] ... AM National Steel [SID] ... PM Asana [ASAN] ... PM FrancoNevada [FNV] ... PM CrowdStrike [CRWD] ... PM |
| Job Openings [Jan].... 10a |
| Thanks for reading! Don't forget, I'm always eager to hear from you. Reply to this email with your questions, comments, or general feedback, and Ill get back to you as soon as I can. Wishing you big returns on your investments this week, as always! - Michael "The Dork" Taylor P.S. Want My Alerts Delivered To Your Cell Phone? Sign up for mobile alerts and get the latest updates delivered to your cell. Disclaimer © 2022 TheStockDork.com. All rights reserved. This message was sent by TheStockDork.com and may contain commercial elements such as advertising. Read full terms here. |
|
|
|
| | |
|
