24H | Chip Stocks Jump Again; Moderna Gains 4%; GameStop Rises 3%; Rocket Lab Drops 4%
Chip stocks gained again in overnight trading. Western Digital rose 4%; Micron, SanDisk, Seagate Technology, and Arm rose 3%; Intel, AMD, and ASML rose 2%; Marvell Technology, TSMC, Lam Research, and Applied Materials rose 1%.
Moderna shares gained another 4% in overnight trading. Shares of Moderna popped 16% on Wednesday after the biotech leader announced positive clinical trial results for its experimental skin cancer vaccine, developed with healthcare giant Merck.
GameStop stock rose 3% in overnight trading after Chairman Ryan Cohen disclosed a significant increase in his stake in the video game retailer.
Rocket Lab shares dropped 3.5% in overnight trading. Rocket Lab gave Neutron test update, said stage 1 tank rupture during hydrostatic pressure trial.
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