Stockwinners Market Radar for January 03, 2021 - Earnings, Upgrades downgrades, option trades, Best Stock Advisory Service |
XPEV | Hot Stocks20:39 EST Xpeng announces vehicle delivery results for December 2020 - Xpeng announced its vehicle delivery results for December 2020, the fourth quarter and year-ended December 31, 2020. Xpeng achieved a record monthly delivery of 5,700 Smart EVs in December 2020, consisting of a record high 3,691 P7s, the company's sports smart sedan, and 2,009 G3s, its smart compact SUV. The company's December deliveries represent a 326% increase year-over-year and a 35% increase from November. The company delivered a total of 12,964 Smart EVs in the fourth quarter of 2020, a record quarterly delivery representing a 303% increase year-over-year and 51% increase from the third quarter of 2020. In the fourth quarter 2020, 8,527 P7s were delivered. Total deliveries for the year ended December 31, 2020, reached 27,041 units, representing a 112% increase year-over-year. Cumulative P7 deliveries for the year reached 15,062 with mass delivery beginning at the end of June. A total of 11,979 G3s were delivered in 2020.
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EYPT | Hot Stocks20:36 EST EyePoint announces $15.7M equity investment by Ocumension Therapeutics - EyePoint Pharmaceuticals announced that Ocumension Therapeutics has made a $15.7M equity investment in EyePoint. Under the terms of the agreement, Ocumension has purchased approximately 3.01M shares of EyePoint's common stock at a five-day trailing volume weighted average price as of the close of trading on December 29, 2020 of approximately $5.22 per share. In conjunction with the investment, Ye Liu, Chief Executive Officer of Ocumension has been appointed to the EyePoint Board of Directors, replacing Kristine Peterson who has stepped down from the board effective December 31, 2020. Cash and cash equivalents are estimated to be approximately $44M on December 31, 2020, including the net proceeds from the Ocumension equity investment. The cash and cash equivalents estimate as of December 31, 2020 was calculated prior to the completion of a review by the company's independent registered accounting firm and is therefore subject to adjustment. Cash on hand, combined with cash inflows from anticipated product sales and continued cash conservation activities are expected to fund the company's operating plan into the second half of 2021, assuming no significant increase in COVID-19-related closures that would considerably decrease the frequency of ophthalmology office visits or the number of cataract surgical procedures performed across the U.S.
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TSLA... | Hot Stocks20:10 EST Fly Intel: Top five weekend stock stories - Catch up on the weekend's top five stories with this list compiled by The Fly: 1. Tesla (TSLA) said on Saturday that it delivered 180,570 electric vehicles in the fourth quarter and produced 179,757 vehicles total. The carmaker also said it delivered 499,550 in 2020 versus its recent guidance of 500,000 vehicles, and produced 509,737 total. In the fourth quarter, Tesla delivered 18,920 and produced 16,670 Model S/X vehicles, and delivered 161,650 and produced 163,660 Model 3/Y vehicles. Additionally, the company announced that it delivered 57,039 and produced 54,850 Model S/X vehicles in 2020, and delivered 442,511 and produced 454,932 Model 3/Y vehicles this year. 2. The U.S. government is considering giving some people half the dose of Moderna's (MRNA) COVID-19 vaccine in order to speed vaccinations, Reuters' Brendan Pierson reported, citing a federal official. "We know that for the Moderna vaccine, giving half of the dose to people between the ages of 18 and 55, two doses, half the dose, which means exactly achieving the objective of immunizing double the number of people with the doses we have," Moncef Slaoui, head of Operation Warp Speed, said. "We know it induces identical immune response" to the full dose, he added. 3. Nordstrom (JWN), aided by reduced competition and its investments in online capabilities, looks not only like a survivor, but possibly a long-term winner, Teresa Rivas wrote in this week's edition of Barron's. While its stock has more than doubled off its low, it's still some 40% below its February high, the author noted, adding that she wouldn't be surprised if Nordstrom closes that gap. 4. Nancy Pelosi was narrowly re-elected speaker of the U.S. House of Representatives on Sunday, as a new Congress took office amid political uncertainty, with Senate control undecided and a Republican fight looming over presidential election results, Reuters' Susan Cornwell reported. 5. Bank of America (BAC), Coca-Cola (KO), CVS (CVS), Liberty Braves (BATRK), MSG Sports (MSGS), Sysco (SYY) and Disney (DIS) saw positive mentions in this week's edition of Barron's.
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NIO | Hot Stocks16:00 EST NIO Inc. reports 7,007 vehicle deliveries in December 2020 - NIO Inc. provided its December, fourth quarter and full year 2020 delivery results. NIO delivered 7,007 vehicles in December 2020, representing a 121.0% year-over-year growth. The deliveries consisted of 2,009 ES8s, the company's 6-seater and 7-seater flagship premium smart electric SUV, 2,493 ES6s, the company's 5-seater high-performance premium smart electric SUV, and 2,505 EC6s, the company's 5-seater premium electric coupe SUV. NIO delivered 17,353 vehicles in the fourth quarter of 2020, representing an increase of 111.0% year-over-year and exceeding the higher end of the company's quarterly guidance. As of December 31, 2020, cumulative deliveries of the ES8, ES6 and EC6 reached 75,641 vehicles, of which 43,728 were delivered in 2020.
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BMY | Hot Stocks15:58 EST Bristol-Myers provides update on status of Contingent Value Rights - Bristol Myers Squibb announced that the Biologics License Application for lisocabtagene maraleucel for the treatment of adults with relapsed or refractory large B-cell lymphoma after at least two prior therapies remains under review by the U.S. Food and Drug Administration and the company has not received a decision. As previously announced, the FDA has not provided a new action date for this application. Bristol Myers Squibb continues to work closely with the FDA to support the ongoing review of the BLA for liso-cel and is committed to bringing this therapy to patients. Since the FDA approval of liso-cel did not occur by December 31, 2020, one of the three required milestones for payment of the Bristol Myers Squibb Contingent Value Right was not met. As a result, on January 1, 2021, the Contingent Value Rights Agreement, pursuant to which the CVRs were issued, terminated automatically in accordance with its terms and the CVRs are no longer eligible for payment under the CVR Agreement. The CVRs will no longer trade on the NYSE.
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XPEV | Hot Stocks15:50 EST Xpeng partners with lidar maker Livox - Xpeng has collaborated with Livox to deploy its automotive-grade lidar technology in Xpeng's new production model in 2021. Livox is Xpeng's first partner in lidar technology. The implementation of lidar in XPILOT architecture - Xpeng's autonomous driving system - will further enhance XPILOT's safety as well as the ability to cover a comprehensive range of driving scenarios, the company said.
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LI | Hot Stocks15:43 EST Li Auto provides December 2020 delivery update - Li Auto announced that the company delivered 6,126 Li ONEs in December 2020, representing an increase of 31.9% month-over-month and 529.6% year-over-year. The company's deliveries for the fourth quarter reached 14,464, 67% higher than those for the third quarter and 20.5% above the top end of the company's guidance. Li Auto also noted that the number of Li ONE orders for December was at its highest level ever. Additionally, cumulative deliveries of Li ONEs exceeded 30,000 as of December 18, 2020.
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TSLA | Hot Stocks15:38 EST Tesla reports 499,550 deliveries for 2020, slightly missing target - Tesla said on Saturday that it delivered 180,570 electric vehicles in the fourth quarter and produced 179,757 vehicles total. The carmaker also said it delivered 499,550 in 2020 versus its recent guidance of 500,000 vehicles, and produced 509,737 total. In the fourth quarter, Tesla delivered 18,920 and produced 16,670 Model S/X vehicles, and delivered 161,650 and produced 163,660 Model 3/Y vehicles. Additionally, the company announced that it delivered 57,039 and produced 54,850 Model S/X vehicles in 2020, and delivered 442,511 and produced 454,932 Model 3/Y vehicles this year.
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