Premarket Movers Thursday: Clover Health, FuelCell, GameStop

Stocks moving in premarket trading Thursday include Clover Health Investments, GameStop, Signet Jewelers, Aethlon Medical and FuelCell Energy.
Author:
Publish date:

Stock futures fluctuated Thursday as Wall Street awaited the latest data on U.S. consumer prices.

Here are some of the top movers during premarket trading on Thursday:

1. Clover Health Investments | Down 1.6%

Clover Health Investments  (CLOV) - Get Report continued to fall, after receiving a downgrade from analysts at Bank of America on concern its recent social media-fueled rally has boosted its valuation to extremes. 

Analyst Kevin Fischbeck cut his rating on Clover Health to underperform from neutral.

2. GameStop | Down 7.1%

GameStop  (GME) - Get Report was falling after the video game retailer posted a narrower-than-expected first-quarter loss, added two former Amazon  (AMZN) - Get Report executives to key leadership roles, and unveiled plans to sell another 5 million shares in order to raise further capital.

3. Signet Jewelers | Up 7.3%

Signet Jewelers  (SIG) - Get Report shares were taking off after the retailer beat Wall Street's earnings expectations and swung to a first-quarter profit. 

Sales totaled $1.7 billion, up from $835 million a year ago. Same store sales surged 106.5%. E-commerce sales were $346.3 million, up 110.3%.

4. Aethlon Medical | Down 16%

Shares of Aethlon Medical  (AEMD) - Get Report were sliding, reversing the previous session's surge. 

The Reddit investing crowd had turned its attention to a device from the medical-technology company that showed promising results for two COVID-19 patients. Some users touted the company's Hemopurifier as an effective COVID-19 treatment.

5. FuelCell Energy | Down 11.7%

FuelCell Energy  (FCEL) - Get Report fell after the alternative energy company missed Wall Street's second-quarter expectations. 

The company posted a wider-than-expected loss of $19 million, or 7 cents a share, while the FactSet consensus called for a loss of 5 cents a share. Revenue tumbled 26% to $13.95 million.