Nikola Corporation (NKLA) stock falls more than 11% today after first-ever earnings

“Nikola stock falls 12% after pandemic-related supply-chain disruptions.Electric-vehicle maker says its long-term path ‘unaffected’ by COVID-19 pandemic

Nikola Corp. shares fell more than 12% in premarket trading Wednesday after the electric-vehicle maker reported a second-quarter loss that was wider than Wall Street expected and said that the COVID-19 pandemic disrupted its supply chain.

Nikola NKLA, -11.32% said Tuesday afternoon that it lost $86.6 million, or 33 cents a share, in the quarter, compared with a loss of $16.8 million, or 6 cents a share, in the year-ago period. Adjusted for one-time items, Nikola lost 16 cents a share in the quarter.

Analysts polled by FactSet had expected Nikola to post a GAAP loss of 13 cents a share on no revenue.”

Stock market data: https://www.marketwatch.com/story/nikola-stock-falls-7-after-electric-vehicle-makers-wider-q2-loss-2020-08-04?siteid=yhoof2&yptr=yahoo

At 11:48 AM today, ET time shares of Nikola Corporation (NKLA) were at 34.53-4.31 (-11.10%). As of 11:48 AM EDT. Market open.

Stock market data: Yahoo Finance

Stock futures today August 5, 2020

Stock futures today

“Stock futures rose Wednesday morning as investors awaited more updates on stimulus talks out of Washington and another batch of corporate earnings and economic data reports. During the regular session, the Nasdaq logged a fifth straight session of gains and closed at a record, and the S&P 500 and Dow rose for a third straight day. Gold topped $2,000 per ounce.”

Stock market data: https://finance.yahoo.com/news/stock-market-news-live-august-5-2020-221436218.html

At 8:40 AM, ET time today the stock futures rose, Dow futures were up more than 170 points, Nasdaq futures were up more than 10 points.

S&P Futures: 3,316.00,+16.00(+0.48%)
Dow Futures: 26,896.00,+179.00(+0.67%)
Nasdaq Futures: 11,102.00,+16.00(+0.14%)
Russell 2000 Futures: 1,528.10,+14.10(+0.93%)

Beyond Meat (BYND) stock falls 6% before hours today on Q2 earnings

Beyond Meat (BYND) stock news

Beyond Meat (BYND) stock price at the close on August 4, 2020, was 142.25+7.93 (+5.90%). Before the stock market open trading session today the stock was down more than 6% at 132.79 -9.46 (-6.65%), before hours: 7:33 AM EDT. What were the Q2 2020 earnings for BYND stock?

“Beyond Meat’s (BYND) earnings release on Tuesday will do its best job at swatting away a pack of bears on Wall Street that have hit the stock lately.

The plant-based meat’s founder and CEO Ethan Brown tells Yahoo Finance the quarter reflects strong momentum in retail stores as it has moved to make its burgers more affordable and expand distribution during the COVID-19 pandemic. Beyond’s U.S. retail sales surged 194.9% from a year ago and by 166.7% overseas. Food service sales in the U.S. and overseas fell 60.7% and 56.5%, respectively, from last year.

Here’s how Beyond Meat performed compared to Wall Street estimates in the second quarter. The results below reflect adjusted numbers. Beyond says it had $5.9 million in one-time costs related to repackaging products to meet retail demand related to COVID-19. Including those costs, Beyond reported a net loss of 16 cents a share in the quarter.

Net Sales: $113.3 million versus estimates for $99 million

Adjusted Gross Margin: 34.9% versus estimates for 33.61%

Adjusted Loss per Share: 2 cents versus estimates for 2 cents

Full Year Guidance: None provided; Beyond Meat suspected guidance back in”

Stock market data: https://finance.yahoo.com/news/beyond-meat-earnings-q2-200505751.html

Beyond Meat (BYND) stock chart

Beyond Meat (BYND) stock chart
Beyond Meat (BYND) stock chart

Source: Stockscharts

Stocks at 52-week high for August 4, 2020

Stocks at 52-week high for August 4, 2020, US stock market

52-week high stocks at the close of the US stock market on August 4, 2020.

Stocks at 52-week high for August 4, 2020, US stock market
Stocks at 52-week high for August 4, 2020, US stock market

Source: Investing.com

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Stocks at 52-week low for August 4, 2020

Stocks at 52-week low for August 4, 2020, US stock market

52-week low stocks at the close of the US stock market on August 4, 2020.

Stocks at 52-week low for August 4, 2020, US stock market
Stocks at 52-week low for August 4, 2020, US stock market

Stock market data: Investing.com

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Most active stocks for August 4, 2020

Most active stocks for August 4, 2020, US stock market

These are the most active stocks for the US stock market on August 4, 2020.

Most active stocks for August 4, 2020, US stock market
Most active stocks for August 4, 2020, US stock market

Stock market data: Investing.com

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Biggest stock gainers for August 4, 2020

Biggest stock gainers on August 4, 2020

These are the biggest stock gainers, top stock gainers at the close of the US stock market on August 4, 2020.

Biggest stock gainers on August 4, 2020
Biggest stock gainers on August 4, 2020

Stock market data: Investing.com

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Biggest stock losers for August 4, 2020

Biggest stock losers on August 4, 2020

These are the biggest stock losers, top stock losers at the close of the US stock market on August 4, 2020.

Biggest stock losers on August 4, 2020
Biggest stock losers on August 4, 2020

Stock market data: Investing.com

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Stock market news for August 4, 2020

The latest stock market news for August 4, 2020.

The US stock market today closed higher, tech stocks underperformed and small-cap stocks outperformed. Dow gained more than 160 points, Nasdaq gained about 38 points.

US stock market at the close on August 4, 2020

S&P 500: 3,306.51,+11.90(+0.36%)
Dow 30: 26,828.47,+164.07(+0.62%)
Nasdaq: 10,941.17,+38.37(+0.35%)
Russell 2000: 1,515.50,+8.70(+0.58%)

Stock market volatility

The CBOE Volatility Index (VIX) closed lower at 23.39-0.89 (-3.67%).

Stock movers

Sorrento Therapeutics, Inc. (SRNE) stock gained more than 30% with a stock price at the close of 12.84+3.07 (+31.42%).

Sorrento Therapeutics, Inc. (SRNE) stock chart
Sorrento Therapeutics, Inc. (SRNE) stock chart

Stock market data: Stockscharts

Stock gainers

SilverSun Technologies Inc. (SSNT): 5.40,+ 2.68 +98.53%
SiNtx Technologies Inc. (SINT): 3.26,+ 1.13 +53.05%
Universal Security Instruments Inc. (UUU): 3.3,+ 0.94 +39.17%

Stock losers

DBV Technologies S.A. ADR (DBVT): 2.34, -1.76 -42.93%
Grindrod Shipping Holdings Ltd. (GRIN): 3.74, -1.66 -30.74%
Mallinckrodt PLC (MNK): 1.62, -0.64 -28.32%

Most active stocks

Sorrento Therapeutics Inc. (SRNE): 12.84,+ 3.07 +31.42%
Advanced Micro Devices Inc. (AMD): 85.04,+ 7.37 +9.49%
NIO Inc. ADR (NIO): 13.64,+ 0.04 +0.29%

Stock market source: https://www.wsj.com/market-data/stocks

Stock Market, U.S. Sectors & Industries Performance

The Energy Sector was the best performind sector +2.45%, the Health Care was the worst performing sector -0.45%.

Stock Market, U.S. Sectors & Industries Performance for August 4, 2020
Stock Market, U.S. Sectors & Industries Performance for August 4, 2020

Source: Fidelity

Stock market update

All data about the stock market, stocksstock investingstock trading is taken from Yahoo Finance, Fidelity, and stockcharts.com.

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Stocks today August 4, 2020

Stocks today

Some of the stock movers, stock gainers, stock losers today for the US stock market. Stocks that moved today.

Most active stocks today

Most active stocks today
Most active stocks today

Stock gainers today

Stock gainers today
Stock gainers today

Stock losers today

Stock losers today
Stock losers today

Stock market data: https://money.cnn.com/data/hotstocks/