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Thinking About Buying Stock In FuelCell, Micron, Discovery Or Carnival?

January 5, 2021 8:54 am
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Thinking About Buying Stock In FuelCell, Micron, Discovery Or Carnival?

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 FuelCell, Discovery, Micron and Carnival are moving.

Shares of FuelCell (NASDAQ:FCEL) are trading lower amid market weakness as stocks sell-off amid COVID-19 concerns, a slower-than-expected vaccine rollout and profit-taking following a 2020 surge in equities.

Micron (NASDAQ:MU) shares are trading higher after Citigroup upgraded the stock from Sell to Buy and raised its price target from $35 to $100.

Discovery (NASDAQ:DISCA) shares are trading higher after the company announced a multiyear deal with Vodafone for Discovery+ in 12 European markets.

Shares of Carnival (NYSE:CCL) are trading lower amid rising U.S. COVID-19 cases and a slower-than-expected vaccine rollout. A slower vaccine rollout could push back the expected economic reopening and lifting of travel restrictions.

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