U.S. stock futures were lower this morning, with the Dow Jones futures falling more than 100 points on Wednesday.
Shares of Progress Software Corporation (NASDAQ: PRGS) rose in pre-market trading as the company posted stronger-than-expected results for its fourth quarter.
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 350 points on Tuesday.
The Dow traded down 0.93% to 37,243.85 while the NASDAQ fell 0.58% to 14,885.45. The S&P 500 also fell, dropping, 0.66% to 4,752.36.
The Dow Jones index closed lower by over 100 points on Friday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision.
Investors are confident about no recession in 2024, preferring tech giants, overweight on US equities, and expect Fed rate cuts and corporate earnings.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Shares of LQR House Inc. (NASDAQ: LQR) rose sharply in pre-market trading. Borg's investor group has acquired a 20% stake in LQR House.
LQR House shares jumped 16.1% to $4.25 in pre-market trading
Here are some other stocks moving in pre-market trading.