PINS - 2 Stocks Jumping in Thursday's Premarket Trading
The stock market continued to try to build a base on Thursday after a punishing first nine months of 2022. Two days of big gains on Monday and Tuesday set the stage for a nice recovery, and Wednesday's recovery from steep losses showed the market's resilience. Futures markets for the Dow Jones Industrial Average (DJINDICES: ^DJI) , S&P 500 (SNPINDEX: ^GSPC) , and Nasdaq Composite (NASDAQINDEX: ^IXIC) showed the likelihood of a flat start when regular trading begins this morning.
A couple of stocks made noteworthy moves higher in the premarket session. Below, you'll learn more about why Pinterest (NYSE: PINS) and Provention Bio (NASDAQ: PRVB) are on investors' radar Thursday morning and whether their latest moves could be the beginning of a broader move higher.
Shares of Pinterest climbed more than 5% in premarket trading on Thursday morning. The image-based social media company got a vote of confidence from stock analysts late Wednesday that made shareholders more optimistic about its future.
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2 Stocks Jumping in Thursday's Premarket Trading