Upside, Downside Movers in the A.M.
Upside:
-NUVL +39% (to be acquired by GSK at $124/shr)
-CECO +17% (guidance)
-FCEL +14% (files mixed shelf of an indeterminate size)
-APLD +11% (signs long-term lease with unnamed U.S. based high investment-grade hyperscaler for 210 MW at Delta Forge 2; files to sell $1.59B senior secured notes due 2031)
-SJM +5.2% (earnings, guidance)
-RDDT +4.7% (hearing Piper Sandler made constructive comments on May ad metrics)
-SIRI +4.3% (to replace MASI in the S&P MidCap 400 Index, effective Jun 11th)
Downside:
-UNFI -17% (earnings, guidance)
-SAIL -12% (earnings, guidance)
-IDYA -8.6% (prices $300M offering of common stock and pre-funded warrants at $27/share)
-RDW -8.2% (files equity distribution agreement for up to $500M of common stock)
-EH -6.8% (earnings, guidance)
-LE -5.8% (earnings, guidance)
-MTN -4.9% (earnings, guidance)
-AVO -2.6% (earnings, guidance)
-PRGO -2.1% (appoints Albert A. Manzone as interim president and CEO; affirms FY outlook)
Positions: None.
