Upside, Downside Movers in the Morning
Upside:
-BW +35% (earnings, guidance; agrees with Siemens Energy to commence work on 20 steam turbine generator sets for data centers)
-RIOT +17% (earnings, color)
-PLUG +15% (earnings)
-ACB +13% (proposed to be acquired by Curaleaf for $4.00/shr)
-SE +10% (earnings, guidance)
-P +7.6% (secures design win and supply agreement with second top-five hyperscaler)
-LEGN +6.2% (earnings, color)
-AMBQ +5.4% (earnings, guidance)
-FLOC +4.8% (earnings, color)
Downside:
-GETY -20% (earnings, color)
-JBI -17% (earnings, guidance)
-UPWK -17% (earnings, guidance)
-BYND -16% (effects 1-for-30 reverse stock split Aug 13th)
-TCMD -16% (earnings, guidance)
-TME -9.7% (earnings, color)
-ACM -6.8% (earnings, guidance)
-GPRO -6.4% (earnings, color)
-ETOR -6.0% (earnings, color; acquires US-focused online brokerage TradeZero for up to $231M)
-SOC -5.9% (earnings, color)
-JOBY -5.7% (acquires defense technology company Resonant Sciences for ~$500M)
-RKLB -4.6% (earnings, guidance; establishes Rocket Lab Germany to pursue satellite and component manufacturing)
-VG -4.0% (earnings, guidance)
-UA -3.2% (Barclays Cuts UAA to Underweight from Equal Weight, price target: $5)
-GAP -2.0% (Barclays Cuts GAP to Equal Weight from Overweight, price target: $20)
Positions: None.
