Here’s what we’re watching in Wednesday’s trading
after Tuesday’s rally on Wall Street amid optimism that Omicron won’t be the disaster some had feared. :Covid-19 vaccine makers were dropping ahead of the open. Novavax shed 5.9%, Moderna slipped 3.4% and Pfizer declined 2.3%. Early lab tests have shown the Omicron variantRobinhood Markets gained 3.6% premarket. After Tuesday’s close the trading-app provider filed to terminate its registration statement for the resale of stock from certain shareholders.
Cybersecurity company SentinelOne dropped 11% premarket after it reported a loss for the recent quarter. Stitch Fix plunged 25%. The online apparel retailer swung to a quarterly loss because of an income tax benefit it booked in the year-earlier period.
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