Upside, Downside Movers in the Morning
Upside:
-TNGX +46% (reports positive initial Phase 1/2 vopimetostat combination data in MTAP-deleted and RAS-mutant metastatic PDAC)
-MPAA +36% (earnings, guidance)
-ABAT +30% (wins DOE appeal to reinstate grant for Tonopah Flats Lithium Project refinery)
-OCC +22% (earnings, color)
-NRIX +17% (Roche licenses Nurix’s bexobrutideg for up to $2.3B)
-GLW +9.3% (enters multibillion-dollar pact with Amazon to power data centers in US)
-EH +8.9% (authorizes $30M ADS and ordinary share buyback)
-CGEM +8.4% (positive update from EULAR dataset; adds additional support to CLN-978 efficacy/safety profile in SLE/RA)
-MRVL +8.3% (to join S&P 500 index)
-SRAD +7.3% (signs multi-year global agreement with Kalshi)
-SMCI +6.8% (hearing strength attributed to Bluefin note indicating company won $5.2B deal from xAI)
-MSTR +6.1% (acquires 1,550 BTC for $101.3M)
-NVTS +4.9% (introduces Isolated Through-Hole Package for SiC MOSFETs, Enabling Direct-Cooled Thermal Management)
-SNDK +4.5% (receives broker price target increases)
-FLEX +4.2% (to join S&P 500 index)
-ENOV +2.9% (launches DonJoy Spinamic Hybrid Scoliosis Brace in the US)
-VOYA +2.5% (hearing Raymond James Raised VOYA to Strong Buy from Market Perform, price target: $117)
-CTSH +2.4% (Wedbush, Inc. Raised CTSH to Outperform from Neutral, price target: $70)
-CPB +2.2% (earnings, guidance)
Downside:
-GOCO -37% (files for Chapter 11 bankruptcy)
-WIX -10% (cuts guidance, reducing workforce)
Positions: None.
