Some of the stocks that may grab investor focus today are:
- On Holding AG (NYSE:ONON) shares jumped around 46% on Wednesday after it made its debut on the NYSE. The Switzerland-based company is now valued at nearly $11 billion at the end of the trading day. The running shoemaker, backed by tennis legend Roger Federer, sold 31.1 million shares in the initial public offering and raised $746.6 million. On Holding shares gained another 1.3% to $35.45 in the pre-market trading session.
- Ion Geophysical Corp (NYSE:IO) disclosed that it has initiated review of strategic alternatives to “strengthen its financial position and maximize stakeholder value.” ION Geophysical shares jumped 52.3% to $2.29 in the pre-market trading session.
- MedAvail Holdings Inc (NASDAQ:MDVL) disclosed that it has signed an agreement with IMA Medical Group to open four SpotRx locations in Florida. MedAvail shares climbed 13.8% to $3.72 in the pre-market trading session.
- Core & Main Inc (NYSE:CNM) reported a deal to buy CES Industrial Piping Supply. However, no terms of the deal were disclosed. The company recently reported second-quarter FY21 sales growth of 35.7% year-over-year to $1.29 billion. Core & Main shares rose 0.6% to $27.95 in pre-market trading.
- Moderna Inc (NASDAQ:MRNA) issued new clinical data on its COVID-19 vaccine. The company said ‘mRNA-1273 remains highly effective against COVID-19 in real-world effectiveness study during surge in Delta cases.' Moderna shares gained 0.5% to $436.77 in pre-market trading.
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