Premarket trades in Rivian, Mersana Therapeutics, MicroStrategy (MSTR) and Honest Company after positive news, have led to decent returns for investors holding these stocks.
Coinbase stock was trading firm on Friday as majority of cryptocurrencies were trading positive today. BTC briefly traded above $64,000 but then declined in 63,500 range.
MicroStrategy CEO has been ardent supporter of Bitcoin and as the company is the biggest holder of BTC, the stock price also jumps when cryptocurrency market shows strength.
In a turbulent trading session following a contentious U.S. presidential debate, cryptocurrency-related stocks saw notable early losses before rallying towards the close.