Airbnb, Merck, High Tide, Square: What to Watch When the Stock Market Opens Today

Updated Oct. 12, 2021 9:41 americium ET

Wall Street stocks edged up aft the opening bell, arsenic investors weighed rising vigor prices and lingering worries astir China’s spot sector. Here’s what we’re watching successful greeting trading:

• Airbnb shares ticked up aft the banal was raised to outperform from marketplace execute by Cowen.
• Credit Suisse connected Tuesday raised the terms people for shares of MGM Resorts International to $68 per stock from $33 a share.
• Shares of CureVac dropped aft the German cause shaper said its shot—once considered a promising Covid-19 vaccine candidate—would get excessively precocious to person a viable market. The institution is shelving its astir precocious Covid-19 vaccine and focusing connected a caller version.
• NanoVibronix shares were giving up immoderate of Monday’s gains that came aft the healthcare instrumentality institution said results were affirmative from a survey of its tennis elbow treatment.
• Shares of cannabis institution High Tide had been up premarket but pulled backmost aft the opening bell. Its wholly-owned subsidiary Canna Cabana received support to run successful British Columbia.
• Shares of Merck edged down a time aft it and spouse Ridgeback Biotherapeutics said they person filed an exertion asking U.S. wellness regulators to authorize their Covid-19 pill, the adjacent measurement toward adding a long-sought cause for usage astatine home.

• Bionano Genomics agreed to bargain BioDiscovery, a supplier of bundle for analysis, mentation and reporting of genomics data, for up to $100 cardinal successful currency and equity.
• Citrix Systems shares slipped aft William Blair chopped the banal to marketplace execute from outperform Tuesday.
• Digital payments institution Square was up, with nary wide quality though the banal was among the trending tickers connected Stocktwits.
• Fastenal shares inched up successful aboriginal trading. The shaper of fasteners and different concern instrumentality posted a emergence successful income and net for the 3rd quarter, though it noted that supply-chain and different input costs person risen.
• Westwater Resources shares climbed arsenic the battery-grade graphite institution approved Phase 1 operation of the Coosa Graphite Project successful Alabama.
• Earnings from Pinnacle Financial Partners and Smart Global Holdings are owed aft markets close.

Chart of the Day

• The sunshine and breezes that marque Brazil’s beaches a tourer destination person besides drawn a ample stock of the world’s concern successful star and upwind power to the state successful caller years.

Write to Caitlin Ostroff astatine caitlin.ostroff@wsj.com