MRNA - Hot Stocks: OXM TCOM rally on earnings; MOMO falls; MRNA updates COVID vaccine guidance

Earnings news provided an important catalyst in Thursday's pre-market trading. Oxford Industries (NYSE:OXM) and Trip.com (TCOM) both posted notable gains following the release of their quarterly results. Meanwhile, the announcement of financial figures had the opposite impact on Hello Group (MOMO). Shares dropped on a lower-than-expected profit. In other news, Moderna (MRNA) received some pre-market interest after the company updated the guidance for its blockbuster COVID vaccine. Gainers Oxford Industries (OXM) rallied in pre-market trading following the release of strong quarterly results. The clothing company reported a quarterly profit that topped expectations by 16%. Revenue rose about 36% to nearly $300M. Looking ahead, the firm predicted a Q1 profit of $2.65-$2.90 per share, above the $1.92 per share that analysts had predicted. Bolstered by the quarterly update, OXM advanced nearly 7% before the bell. Earnings news also prompted gains in Trip.com (TCOM). The online travel agency reported a profit for

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Hot Stocks: OXM, TCOM rally on earnings; MOMO falls; MRNA updates COVID vaccine guidance