Airlines fall as Covid-19 cases rise

Airline stocks slipped during premarket trading on Wednesday as the global number of Covid-19 cases continues to rise. United Airlines fell more than 2%, while American Airlines and Delta Air Lines each traded about 1% lower. The group has been among the hardest hit as the pandemic grounded planes worldwide. The three airlines have all lost more than half of their value this year. — Pippa Stevens

Facebook slips after civil-rights groups call meeting ‘a disappointment’

Facebook stock fell 0.6% in premarket trading Wednesday after civil-rights groups who met with the company’s leadership called the discussion “a disappointment.” CEO Mark Zuckerberg and COO Sheryl Sandberg met on Tuesday with leaders from the NAACP, the Anti-Defamation League, Color of Change and Free Press. The coalition of civil-rights groups has urged Facebook to do more to stop the spread of hate speech and misinformation on its platforms and has pressured advertisers to halt spending until material change occurs. — Thomas Franck

AMC surges on report of new financing deal

Shares of movie theater chain AMC Entertainment jumped more than 11% in premarket trading after the Wall Street Journal reported that the company is close to securing financing that it will help it stave off bankruptcy. The restructuring would involve senior debt holders providing a $200 million loan to the company, according to the report. — Jesse Pound

Equity futures steady as virus angst offsets tech resilience

Via CNBC

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