Upside, Downside Movers in the Morning
Upside:
-XPON +76% (acquires Eastern Louisiana oil and gas exploration opportunity for $3.4M)
-NSSC +21% (earnings, color)
-RUM +7.0% (affiliate enters ~$13.7B, 6-yr GPU services agreement with US cloud customer; grants warrant for up to 50.8M shares at $0.01/shr)
-SPRB +5.1% (plans Q4 BLA submission for TA-ERT in Sanfilippo Syndrome Type B)
-PDD +4.4% (earnings, color)
-ZJK +3.3% (secures large-volume AI infrastructure component purchase orders)
-MSTR +2.4% (establishes USD Cash pool; Sells 18.26M MSTR shares for $2.0B net via ATM)
-WULF +2.3% (Kentucky PSC approves agreement for up to 482 MW at Justified Data Campus)
-ALGT +2.0% (Raymond James Raised ALGT to Strong Buy from Outperform, price target: $116)
Downside:
-RGNX -22% (FDA places clinical hold on RGX-121 for MPS II; BLA resubmission not expected near term)
-AAOI -13% (files to sell up to $600M common stock shares)
-XPEV -6.1% (earnings, guidance)
-AZTA -6.0% (appoints Dr. Martin Madaus interim President and CEO; affirms FY26 guidance)
-GOOS -4.2% (Wells Fargo Cuts GOOS.CA to Underweight from Equal Weight, price target: C$10)
-MRVL -3.2% (trading lower ahead of earnings this week)
-BABA -2.2% (prices HK$80B placement of 710M shares at HK$112.70/shr)
