Disney (DIS) – In maybe this weekend’s biggest news item, Disney removed CEO Bob Chapek and reinstalled long-time chief Bob Iger. Shares of Disney were up 10% on the news.
Apple (AAPL) – Chinese authorities loosened COVID-related restrictions in several regions over the weekend. Apple was affected as recently as several weeks ago by tightened restrictions at certain manufacturing facilities within China.
DraftKings (DKNG) – A top pick in the gaming space by Morgan Stanley. The firm’s analysts began coverage on DraftKings with an Overweight rating and called the stock “the best secular growth story.”
Baidu (BIDU) – The Chinese equivalent of Google. Baidu will report quarterly results this week on Tuesday.
Redwire (RDW) – A play on spacecraft navigation and imaging systems. Shares of Redwire were up 14% in pre-market action Monday. NASA’s Artemis I craft did a close moon fly by early Monday morning. Redwire provided some of the navigation and imaging systems for Artemis I.