Clover Health, Palantir, Coupang: What to Watch When the Stock Market Opens Today

Clover Health, Palantir, Coupang: What to Watch When the Stock Market Opens Today

Stock futures wavered ahead of a series of earnings reports and weekly data on the labor market. Here’s what we’re watching before the opening bell.

Moderna shares rose 1.9% in premarket trading. The U.S. Food and Drug Administration is nearing a decision to authorize Covid-19 booster shots for certain people with weak immune systems, The Wall Street Journal reported. Moderna’s vaccine is one of three shots authorized for use in the U.S.

Palantir Technologies , due to report earnings before the market opens, rose 2.7%.

Upstart manufacturer Lordstown Motors posted a $108 million loss for the second quarter, revised its financial outlook and said it was talking to strategic partners. Its shares added 5.6% premarket.

U.S.-listed shares of Coupang dropped 6%. The South Korea-based e-commerce company reported a widening loss in the second quarter, in part because of a fire at one of its warehouses.

Clover Health Investments leaped 15% ahead of the bell. The provider of health insurance services and occasional meme stock reported a loss of $318 million in the second