Cannabis company Hexo‘s U.S.-traded shares edged down 0.3% premarket after it said its loss widened in the third quarter of fiscal 2021, citing a difficult period.Among other meme stocks, Clean Energy Fuels is up 6.3% premarket, while GameStop is off 1.5%. AMC Entertainment is up a relatively meager 1.4% following a 15% surge on Monday.Freeport-McMoRan is off about 3.5% following a big drop in copper prices Tuesday morning.was displayed in front of the New York Stock Exchange on May 22, 2017. Alexandria Real Estate Equities shares are down 4.8% ahead of the open after the California-based company increased the size of its stock offering overnight.Ī sign for Alexandria Real Estate Equities Inc.The stock finished last week at $3.12 and was trading premarket at $4.75. On Monday afternoon, the company announced a special dividend to be paid in preferred stock, which sparked a blizzard of exclamation marks and emojis on Twitter and talk of a coming short squeeze.
Torchlight Energy Resources shot 30% higher before the open following a 15% rise the day before. The electric-vehicle startup’s chief executive and finance head both resigned suddenly on Monday after a board committee found inaccuracies in its reporting of preorders. Lordstown Motors is up 1% in premarket trading following its near-20% plunge on Monday. Hindenberg Research issued its report just before 9 a.m. DraftKings tumbled 9.5% before the market open Tuesday after an independent research firm known for its activist bets against companies issued a highly critical note on the $42 billion former blank-check company. Earnings are due from Oracle and La-Z-Boy after the close. producer prices rose 0.8% in May from the prior month, more than the 0.5% rise that was expected, adding to inflation pressures bubbling through the U.S. Car sales had been forecast to drop, but other retail sales were much more disappointing: Excluding autos, sales had been forecast to be up 0.5% on the month, but they were down by 0.7%. Retail sales data were much worse than expected, falling 1.3% in May versus the previous month. Nasdaq-100 futures were down 0.1%, pointing to muted moves in stocks after the opening bell. Futures tied to the S&P 500 were flat. 
Here’s what we’re watching ahead of the opening bell. Stock futures wavered on Tuesday, as retail sales figures disappointed and producer prices pointed to inflation risks.
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