Market Overview

Thinking About Buying Stock In Alibaba, Nio, CureVac Or Luminar?

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Thinking About Buying Stock In Alibaba, Nio, CureVac Or Luminar?

One of the most common questions traders have about stocks is “Why Is It Moving?”

That’s why Benzinga created the Why Is It Moving, or WIIM, feature in Benzinga Pro. WIIMs are a one-sentence description as to why that stock is moving. 

Here’s why shares of Alibaba, Luminar, CureVac and are moving.

Alibaba (NYSE: BABA) shares are trading lower after Chinese regulators launched an antitrust investigation into the company.

Shares of Nio (NYSE: NIO) are trading lower potentially on reports Apple is working on a self-driving EV.

CureVac NV (NASDAQ: CVAC) shares are trading higher. The company on Monday announced it would start a phase 3 trial for its COVID-19 vaccine candidate.

Luminar Technologies (NASDAQ: LAZR) shares are trading lower after a filing showed registration for a shelf offering of common stock and warrants via selling shareholders.

 

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