Upside, Downside Movers in the Morning
Upside:
-QURE +82% (FDA says 3-year Phase I/II AMT-130 data can support BLA for accelerated approval in Huntington’s disease)
-FTHM +63% (to be acquired by Bed Bath & Beyond in all-stock deal valued at about $53.38M)
-LZB +18% (earnings, guidance)
-AEHR +9.7% (receives follow-on order for FOX-XP wafer-level burn-in system)
-ASTS +5.5% (launches BlueBirds 8, 9 and 10 satellites)
-GNK +5.5% (Diana Shipping raises Genco offer 10% to $27.34/share)
-INTC +3.7% (reportedly as company begins production of its most advanced chip (18A-P) it inches closer to possible Apple deal)
-AMD +3.0% (sector strength)
-FIG +2.9% (CitiGroup Initiates FIG with Buy, price target: $36)
-PGR +2.6% (reports May net premiums written)
-KMX +2.3% (earnings, color)
-SPCX +2.0% (momentum)
-ALOT n/a (Trading halted; to be acquired by Arcline for $29.00/shr cash, $272M enterprise value)
Downside:
-BBBY -9.2% (FTHM to be acquired by Bed Bath & Beyond in all-stock deal valued at about $53.38M)
-ORA -6.0% (Bernstein initiated Underperform, Price target $115)
-CME -3.9% (names Lynne Fitzpatrick as new CEO)
-DUOT -2.9% (files to sell 2M common shares and pre-funded warrants for up to 3,800,000 shares)
Positions: None.