Apple (AAPL) – Shares were down about a percent and a half Monday morning following Apple’s warning of delays related to production of its high-end iPhone models, the iPhone 14 Pro and iPhone 14 Pro Max. The warning followed a week-long lockdown at the largest facility of Apple’s largest supplier, Foxconn.
Pfizer (PFE) – The company’s COVID-19 vaccine partner, BioNTech (BNTX), reported a 50% drop in sales amid declining demand for COVID vaccines.
Peabody Energy (BTU) – One of the most-discussed stocks in Benzinga Pro’s lounge chat Monday morning. Traders and investors were favorable on news out of the company that it and privately-held Coronado ended merger talks. Shares of Peabody were up about 7% on the news.
Zoom Video Communications (ZM) – A play on an upcoming product event and analyst day. Zoom will host its Zoomtopia event on Tuesday and Wednesday of this week.
GigaCloud Technology (GCT) – One of Monday’s top momentum plays. The Benzinga Pro newsdesk team did not see news to justify a sharp move higher in the stock. Shares were up about 40% in pre-market trade. The issue is in low-float territory, with about 13 million shares in its float.