Plug Power, Bed Bath & Beyond, Walgreens, Twitter: Thursday’s premovers

Stock futures rose Thursday after Democrats gained control of the Senate and Joe Biden was recognized by Congress as the next U.S. president.

Below are some of the key drivers during the pre-market trading on Thursday.

1. Connect power plug | 19.71% increase

Plug current actions (PLUG) – Get the report rose Thursday after South Korean conglomerate SK Group said it would invest $ 1.5 billion in hydrogen fuel cell maker.

The deal comes as governments and businesses around the world try to move from relying on traditional fossil fuels to power other forms of renewable energy, including solar, wind and hydrogen.

2. Bed Bath & Beyond BBBY | 12.74% drop

Bed Bath & Beyond (BBBY) – Get the report fell after Thursday posted lower-than-expected third-quarter earnings and said comparable store sales for the current period would likely be in line with last year’s levels.

The group’s net sales, according to the company, fell 5% to $ 2.6 billion, again without missing analysts ’estimates of $ 2.752 billion. Comparable store sales increased 2% thanks, in part, to “strong significant growth in digital channels,” the company said.

3. Walgreens WBA | 2.72% increase

Walgreens Boots Alliance shares (WBA) – Get the report rose after the pharmacy chain made stronger-than-expected gains in the first quarter thanks in part to a solid increase in retail pharmacy sales in the U.S.

Walgreens reiterated its adjusted earnings forecast for 2021, estimating that profits should grow at a “low one-digit” rate, although the first half of the year will be adversely affected by the ongoing coronavirus pandemic.

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