Zoom Video, Carnival, Peloton, Moderna: What to Watch When the Stock Market Opens Today

Zoom Video, Carnival, Peloton, Moderna: What to Watch When the Stock Market Opens Today

Global markets are taking a hit on Black Friday amid worries about a new Covid-19 variant—but some familiar names are getting a boost. Here’s what we’re watching:

Covid-19 vaccine producers were jumping premarket as pandemic fears took hold of markets. Pfizer added 5.3% premarket,  Moderna climbed 8.3% and  Novavax gained 5%.

Investors appeared to be positioning for more nights in, with Netflix shares up 2.1% ahead of the bell and DoorDash adding 4.6%.

Airlines and cruise operators were again absorbing the brunt of fears over potential new travel restrictions. Delta Air Lines was down 7.4%,  American Airlines shed 7% and  Southwest Airlines slipped 6.8%. Carnival dropped 11% and Royal Caribbean fell 10%.

Lodging companies were also suffering amid the gloom. Marriott International fell 7.2% and Airbnb was down 7.1%.

Bitcoin’s dollar price was down 7% from Thursday, and crypto stocks were falling along with it. Coinbase fell 3.9%, and bitcoin miners  Marathon Digital and Hut 8