January 2, 2020 / 12:49 PM / 6 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Tesla, Alibaba

* Eikon search string for individual stock moves:

* The Day Ahead newsletter: tmsnrt.rs/2ggOmBi

* The Morning News Call newsletter: tmsnrt.rs/2fwPLTh U.S. stock index futures rose on the first trading day of the new decade on Thursday, as fresh stimulus from Beijing to prop up its slowing economy added to the optimism fueled by easing trade tensions and an improving global outlook.

At 7:13 a.m. ET, Dow e-minis were up 0.55% at 28,665. S&P 500 e-minis were up 0.53% at 3,248, while Nasdaq 100 e-minis were up 0.69% at 8,812.25. The top three NYSE percentage gainers premarket: ** GNC Holdings Inc, up 10.7% ** Rubicon Project Inc, up 6.0% ** Rite Aid Corp, up 5.6% The top three NYSE percentage losers premarket: ** Arlo Technologies Inc, down 15.7% ** Trinity Industries Inc, down 9.7% ** Eastman Kodak Co, down 8.6% The top three Nasdaq percentage gainers premarket: ** Cassava Sciences Inc, up 48.8% ** Inpixon, up 47.6% ** Synthesis Energy Systems Inc, up 40.4% The top three Nasdaq percentage losers premarket: ** Allied Healthcare Products Inc, down 12% ** Viveve Medical Inc, down 9.5% ** Neovasc Inc, down 6.1% ** Tesla Inc: up 1.0% premarket BUZZ-Canaccord pumps Tesla’s PT to $515, nearly double stock’s median PT ** Aphria Inc: up 2.5% premarket BUZZ-Aphria Inc: Jefferies’ top pick in cannabis space ** Innate Pharma SA: up 30.4% premarket BUZZ-Surges as EMA accepts marketing application for cancer drug ** Alibaba Group Holding Ltd: up 2.1% premarket BUZZ-Up after co’s unit applies for digital banking license ** Trillium Therapeutics Inc: up 22.3% premarket BUZZ-Rises after Morgan Stanley ups stake ** HanesBrands Inc: down 1.8% premarket BUZZ-HanesBrands Inc: Slips as Wells Fargo cuts to ‘underweight’ -report ** Cassava Sciences Inc: up 48.8% premarket BUZZ-Jumps after CEO raises stake

Compiled by Abhishek Manikandan in Bengaluru

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