U.S. Stocks to Watch | Nvidia, GameStop, LendingTree, Spirit AeroSystems, Sarepta, and More

Tiger Newspress06-21

US Stock futures fell Friday as a rally, driven by artificial technology and in particular Nvidia, cooled and pulled the S&P 500 and Nasdaq Composite off record highs.

These stocks made moves Friday:

Nvidia - Nvidia shares dropped another 3% in premarket trading Friday after falling more than 3.5% on Thursday, handing the title of the world's most valuable company back to Microsoft. Jensen Huang, Nvidia CEO intends to sell 120K shares of its common stock on Jun 20, with a total market value of approximately $16.3 million.

GameStop - GameStop shares continued to fluctuate. The shares dropped 2.4% in premarket trading Friday.

Trump Media & Technology - Trump Media & Technology Group was rising 2.4% in premarket trading. The parent company of former President Donald Trump’s Truth Social platform fell 15% on Thursday and has declined for five straight trading sessions, losing 34% over that span. The Securities and Exchange Commission this week signed off on the company’s registration statement and on the resale of shares and warrants.

Spirit AeroSystems - Boeing is nearing a deal to buy back Spirit AeroSystems after its former subsidiary made substantial progress in separate talks with Airbus over a transatlantic breakup of the struggling supplier, people familiar with the matter said on Thursday.

LendingTree - Hackers are selling data about consumers of the LendingTree Inc. subsidiary QuoteWizard after the company detected unauthorized access on a cloud database hosted by Snowflake Inc., according to a person familiar with the matter.

Sarepta Therapeutics - The U.S. Food and Drug Administration allowed the expanded use of Sarepta Therapeutics' gene therapy for patients with Duchenne muscular dystrophy aged four and older on Thursday, sending the company's shares up 35% in premarket trading Friday.

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