Stocks to Watch: Strategy, Super Micro, Constellation Brands

Dow Jones06-30 17:37

Strategy (MSTR): Shares of Michael Saylor's bitcoin-hoarding company fell more than 3% ahead of the bell, on pace to erase some of their 13% jump yesterday. The Monday move came after Strategy abandoned its "never sell bitcoin" mantra in a bid to shore up confidence in the company.

Super Micro Computer $(SMCI)$, Applied Materials $(AMAT)$, Sandisk $(SNDK)$: Shares of companies tied to the AI buildout advanced premarket as investors pile back into tech shares.

A.P. Moller-Maersk (DK:MAERSK.B): The Danish shipping giant raised its full-year guidance, citing strong demand in the container market and an increase in spot market rates. Shares ticked up.

Abivax (FR:ABVX, ABVX): The French biotech released new data reassuring investors about the safety of its experimental ulcerative colitis treatment; its shares went flying, reversing a recent slump.

Constellation Brands $(STZ)$: The alcohol giant will report quarterly results before the opening bell. Nike $(NKE)$ will report after the close.

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