Here Are Monday's 2 Must-Watch Nasdaq Stock Winners

Some investors returning from a long weekend will be shocked to have seen that the stock market suffered a big drop on Friday. However, based on premarket trading, it appears that they'll see at least a modest rebound from those losses Monday morning. As of 8:30 a.m. ET, futures on the Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 151 points, or nearly 1%, to 16,202.

A couple of stocks will be in the spotlight to start the new trading week. Li Auto (NASDAQ: LI) issued its latest financial report, showing how the booming electric vehicle market in China is faring. Meanwhile, COVID-19 vaccine maker Moderna (NASDAQ: MRNA) sought to build on strong gains on Friday with even more positive news about how it hopes to counter an increasingly dangerous situation. Below, we'll look at both companies and what's sending their shares sharply higher.

Li Auto saw its shares rise more than 8% in premarket trading on Monday. The Chinese EV maker's latest financial results painted a rosy picture of how the key player is doing in capturing market share.

Source Fool.com