The stock has seen massive gains this year, surging more than 515%.
Chip equipment stocks — Shares of chip equipment stocks moved higher on a report that the Biden administration is considering more restrictions on sales of semiconductor equipment and artificial intelligence memory chips to China that may be less strict than expected.
Walmart , the country's largest retailer, rose more than 0.2%, while shares of Target and Costco , advanced 0.6% and 0.3%, respectively.
Robinhood — The brokerage firm climbed 3% premarket, continuing a postelection rally, after the U.S. Securities and Exchange Commission approved the creation of a 24-hour stock exchange by startup 24 Exchange, paving the way for round-the-clock trading.
Zeta Global Holdings — The marketing software company rose 5% after its CEO said Wednesday on CNBC's "Closing Bell" that a recent short seller's report was "erroneous."
Persons:
Biden, Robinhood, —, Jesse Pound, Yun Li
Organizations:
Lam Research, KLA Corporation, ASML, Bloomberg, Walmart, Target, Costco, U.S . Securities, Exchange Commission, Trump, Zeta Global Holdings
Locations:
China