Tesla, Kala, Hyzon Motors And More: U.S. Stocks To Watch

Benzinga2022-12-29

With US stock futures trading mixed this morning on Thursday, some of the stocks that may grab investor focus today are as follows:

  • Tesla Inc (NASDAQ:TSLA) shares saw a surprise recovery on Wednesday. The company’s CEO Elon Musk reportedly told employees they should not be "bothered by stock market craziness" after the company’s stock dipped around 70% this year on concerns over softening demand for electric vehicles. “Long-term, I believe very much that Tesla will be the most valuable company on Earth!” Musk reportedly said. Tesla shares gained 3.3% to close at $112.71 in regular trading session on Wednesday. The shares added another 3.4% in premarket trading Thursday.
  • Shares of Kala Pharmaceuticals (NASDAQ:KALA) surged another 16.6% in premarket trading Thursday after the small biotechnology company announced a drug candidate for a rare eye disease. The shares soared 218.4% on Wednesday.
  • Wall Street expects $Mesa Air Group, Inc.(MESA)$ (NASDAQ:MESA) to post a quarterly loss at $0.29 per share on revenue of $124.22 million after the closing bell. Mesa Air shares gained 0.9% to $1.19 in after-hours trading Wednesday.
  • Cal-Maine Foods, Inc. (NASDAQ:CALM) reported downbeat earnings for its second quarter, while sales topped expectations. Cal-Maine Foods shares dropped 5.1% to $59.00 in the after-hours trading Wednesday.
  • Hyzon Motors Inc (NASDAQ:HYZN) shares jumped 12.9% in premarket trading Thursday after the company announced it entered into an equity capital contribution agreement last week with Chevron New Energies, a division of Chevron’s U.S. business, and Raven SR.
  • S&P Dow Jones Indices said RXO, Inc. (NYSE:RXO) will replace The Joint Corp. in the S&P SmallCap 600 on Thursday, January 5, 2023. RXO shares gained 4.2% to $17.00 in the after-hours trading Wednesday.
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