The stock market is an ever-changing landscape, and investors need to keep a close eye on the premarket moves of certain stocks. Today, four stocks are making some of the biggest moves in the premarket: Lyft Inc., Expedia Group Inc., Yelp Inc., and more.
Lyft has seen its share price jump by over 8% as it continues to benefit from increased demand for ride-hailing services during this pandemic. Expedia Group’s shares have also surged nearly 7%, likely due to their strong performance in recent quarters despite travel restrictions imposed by governments around the world. Meanwhile, Yelp’s stock has risen 5%, possibly because of its growing popularity among consumers who are looking for local businesses online instead of visiting them physically due to safety concerns related to COVID-19.
These big movers could be indicative of broader trends that may affect other companies within these industries or even across different sectors as well. As such, investors should pay attention not only when these particular stocks make large movements but also when similar ones do so too; they may provide clues about where markets could be headed next and which investments might prove most profitable going forward into 2021 and beyond!
Read more at CNBC
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