Some of the stocks that may grab investor focus today are:
- Wall Street expects Pinduoduo Inc. PDD to report quarterly earnings at $0.02 per share on revenue of $4.16 billion before the opening bell. Pinduoduo shares rose 0.8% to $82.00 in after-hours trading.
- Global Cord Blood Corporation CO reported that its revenue for the second quarter climbed 9.8% year-over-year to RMB313.7 million ($48.7 million). Net income attributable to shareholders, however, fell 4.3% to RMB125.7 million ($19.5 million) last quarter. Global Cord Blood shares fell 0.7% to $4.22 in the after-hours trading session.
- Analysts expect BlueCity Holdings Limited BLCT to post a quarterly loss at $0.14 per share on revenue of $51.21 billion before the opening bell. BlueCity shares gained 2.5% to $2.48 in after-hours trading.
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- Selecta Biosciences SELB disclosed that the FDA has issued clinical hold on its Phase 1/2 clinical trial of SEL-302 due to CMC related questions. Selecta Biosciences shares dipped 14.8% to $2.71 in the after-hours trading session.
- CVB Financial Corp. CVBF, the holding company for Citizens Business Bank, disclosed that Citizens received regulatory approvals to complete its merger with Suncrest Bank. CVB Financial shares fell 1.4% to close at $20.65 on Wednesday.
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