– Twitter was upgraded to "buy" from "neutral" at MKM Partners, which said Twitter is poised to leave negative sentiment stemming from the pandemic and its actions surrounding President Donald Trump behind. The shares rose 1% in premarket trading as of 7:36 a.m. ET. – KB Home reported quarterly earnings of $1.12 per share, beating the consensus estimate of 93 cents a share. The home builders' revenue also topped Wall Street forecasts.
The company said housing market conditions continue to be "robust," and expects meaningfully higher revenue and earnings this year. The shares added 4.8% in premarket trading as of 7:36 a.m. ET. – The U.S. government will buy 1.25 million additional doses of Regeneron's Covid-19 antibody cocktail for about $2.63 billion. The doses will be delivered in the first half of the year and used to treat high-risk, non-hospitalized Covid patients. The shares gained 2.