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Stock futures were little changed after major Wall Street indexes snapped a three-day losing streak. Here’s what we’re watching in Wednesday’s trading:

  • BlackBerry BB 4.17% slipped 1.2% ahead of the bell. The Canada-based security software provider posted better-than-expected revenue, but sales fell from a year earlier.
  • Cassava Sciences SAVA 18.77% added 1.4% premarket. The drug developer said Tuesday it was told by Neuroscience, an academic journal, that there was no evidence to support claims of data manipulation in a 2005 paper written by the company and its collaborators.
  • Tesla TSLA 4.29% was a bright spot in premarket trading, adding 2.8%. Other electric-vehicle makers weren’t so lucky. Rivian RIVN 7.60% shed 0.4%, Lordstown Motors RIDE 4.03% slipped 0.8% and China’s Nio NIO 7.10% ticked down 0.3%.

A Tesla Model 3, at center, flanked by two Model Y vehicles that are used by a Tesla dealership as test-drive vehicles, Feb. 8, 2021.

Photo: michael reynolds/Shutterstock

Chart of the Day
  • Americans are paying more than ever to stash their extra stuff and filling space rapidly, lifting storage stocks.

Write to James Willhite at [email protected]

Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Source: WSJ

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