INVESTING BITCOIN CANNABIS CRYPTOCURRENCY ETFS EARNINGS FIXED INCOME Search HOME INVESTING 'WE ARE DEEPLY OVERSOLD' - WHY THIS TECHNICAL ANALYST EXPECTS A SNAPBACK RALLY NOV 26, 2021 8:42 AM EST Premarket Movers Friday: Fears of New Covid Variant Grip Markets U.S. stock futures fall on Black Friday after South Africa warns about a new strain of Covid-19, pulling travel, tourism, oil and energy stocks lower. VIDHI CHOUDHARY 1. Moderna MRNA | Up 8.34% Shares of Moderna (MRNA) - Get Moderna, Inc. Report jumped higher early Friday as the drugmaker benefitted from fresh pandemic fears that gripped markets. A new Covid variant has been found by scientists after observing an increase in infections in South Africa’s economic hub surrounding Johannesburg. 2. Coinbase COIN | Down 4% 3. Royal Caribbean RCL | Down 9.5% Shares of Royal Caribbean (RCL) - Get Royal Caribbean Cruises Ltd. Report tumbled in premarket trading due to fears over potential new travel restrictions heading into the holiday season. 4. Occidental Petroleum OXY | Down 7.72% Shares of Occidental Petroleum (OXY) - Get Occidental Petroleum Corporation Report fell sharply as energy stock suffered after U.S. crude prices were down more than 6% early Friday. 5. Zoom Video ZM | Up 10% Shares of Zoom Video (ZM) - Get Zoom Video Communications (ZM) Report jumped over 10% as the stay-at-home stock led markets higher as investors hedged the impact of the new Covid variant. BY VIDHI CHOUDHARY Vidhi Choudhary covers U.S. news and global economy for TheStreet, specializing in breaking news. SEE MORE Terms Of Use Reviews Privacy Policy Advertise Market Holidays 2021 Customer Service Data Topic Dictionary Subscriptions © 2021 TheStreet, Inc. All rights reserved. Action Alerts PLUS is a registered trademark of TheStreet, Inc.