PepGen Up, iHeartMedia Down: Upside, Downside Movers in the Morning
Upside
– $PEPG +114% (Phase 2 FREEDOM2-DM1 data showed 46.5% mean splicing correction and functional improvements with no serious or severe adverse events)
– $MNDO +46% (agrees to be acquired for $1.30 per share in cash)
– $SECZ +25% (River One acquisition, $50 million buyback and record tokenized assets accompanied quarterly results)
– $HROW +18% (record revenue and a sharp Q4 profit ramp outweighed a reduced full-year EBITDA floor)
– $KLTR +18% (Q3 exceeded revenue and profit guidance, with record subscription sales and a higher full-year outlook)
– $PDYN +18% (record revenue jumped 895%, the low end of full-year guidance was raised and funded backlog reached $15.3 million)
– $AAON +15% (Q3 crushed expectations and the sales outlook was raised as data-center cooling demand drove BASX growth)
– $QMCO +15% (revenue rose 43%, margins expanded and backlog reached a record of nearly $100 million)
– $SENS +15% (Q3 revenue surged 140% and full-year revenue and gross-margin guidance were raised)
– $SANM +13% (quarter beat and FY27 revenue and profit guidance topped expectations on accelerating cloud and AI demand)
– $ZNTL +11% (Wedbush upgrades to Outperform after ovarian-cancer survival data strengthened the azenosertib case)
– $BW +9.3% (quarterly revenue more than doubled, backlog reached $2.5 billion and management issued a strong 2027 EBITDA target)
– $ASX +5.3% (October revenue increased 47% from a year earlier)
– $TTWO +4.6% (GTA VI preorders were far above initial expectations and the November release date was reaffirmed)
– $VG +4.4% (raises full-year adjusted EBITDA guidance following quarterly results)
Downside
– $IHRT -32% (Q3 adjusted EBITDA fell as persistent radio weakness drove a 43% decline in Multiplatform profit)
– $FF -29% (Q3 remained loss-making with negative EBITDA as chemical-unit downtime and biodiesel derivatives losses weighed)
– $APPS -22% (revenue beat and the sales outlook was raised, but EPS merely matched and FY EBITDA guidance was only maintained)
– $THRY -21% (SaaS revenue declined and the full-year SaaS revenue and EBITDA outlooks were lowered)
– $GILT -19% (Q3 sales missed and the full-year revenue outlook was cut as terminal deliveries and satellite-equipment orders shifted out)
– $GRPN -19% (Q3 sales missed and Q4 and full-year revenue guidance fell well short of expectations)
– $WGS -14% (profit missed, full-year testing-growth targets were cut and revenue is expected near the low end of guidance)
– $GFL -12% (rejects a reported $52-per-share takeover proposal and ends its strategic review without a sale)
– $JBI -11% (Q3 missed broadly and full-year revenue and EBITDA guidance was sharply reduced)
– $RKLB -8.2% (loss was wider than expected and the first Neutron launch was delayed until at least 2027)
– $LIF -6.7% (strong subscription growth was offset by a reduced advertising outlook and continued hardware weakness)
– $TTD -5.9% (quarter beat lowered expectations, but revenue declined year over year, margins contracted and the Q4 growth outlook remained subdued)
– $QLYS -4.9% (beat-and-raise quarter was overshadowed by margin contraction and a Q4 revenue-growth slowdown)
– $ONON -4.1% (headline earnings beat was driven by a one-time tariff refund while underlying margins and core guidance underwhelmed)
– $WIX -2.7% (Q3 beat, but the free-cash-flow margin outlook was cut and Partners growth softened)
