Upside, Downside Moves in the Morning

Avatar photo Doug Kass on October 6, 2026

Upside

– $JAGX +35% (announces a special stock dividend)

– $OPCH +21% (reported takeover talks value the transaction at more than $5B including debt)

– $APOG +20% (Q2 beat sharply and the FY adjusted EPS and sales outlooks were raised above expectations)

– CEG +9.3% (reports of a potential $1B-plus hyperscaler nuclear-power agreement)

– $PENN +6.0%, BYD +2.7% (Deutsche Bank upgrades both to Buy, arguing recent regional-gaming weakness largely reflected calendar effects)

– $FRSH +5.2% (set to join the S&P SmallCap 600 before the October 8 open)

– $CLF +4.8% (Wells Fargo upgrades to Overweight on underappreciated 2027 earnings upside)

– $VST +4.8% (nuclear and data-center power sympathy following reports of another major hyperscaler supply agreement)

– $ZS +2.5% (reaffirms FY27 and Q1 revenue and adjusted EPS guidance)

– $AMD +1.9% (Citi raises its price target to $800)

Downside

– $SAIQ -15%, AMOD -15%, VEEA -13% (give back portions of Monday’s outsized speculative rallies)

– $WDC -2.9%, STX -2.6% (storage leaders retreat after sharp recent gains; no clear fresh company-specific catalyst identified)

– $PCVX -2.0% ($1B financing combines a $500M equity and pre-funded-warrant offering with $500M of convertible notes following the Phase 3 rally)