Upside, Downside Movers in the Morning
Upside:
-KLAR +8.4% (Swedish court orders Google to pay SEK14.3B to one of Klarna-owned PriceRunner)
-FMC +8.3% (announces pact for $13.30/share with Tessenderlo Group worth $400M)
-BE +7.9% (expands Brookfield AI infrastructure power project financing framework to $25B from $5B)
-LUNR +6.6% (awarded NASA contract valued up to $148M)
-GRND +6.3% (Morgan Stanley Raised GRND to Overweight from Equal Weight, price target: $18)
-NOW +4.5% (Guggenheim Securities Raised NOW to Buy from Neutral, price target: $125)
-GIS +4.3% (earnings, guidance)
-OKLO +4.1% (receives DOE approval for Groves Isotope Test Reactor Documented Safety Analysis)
-CRM +3.8% (Guggenheim Securities Raised CRM to Buy from Neutral, price target: $228)
-XPEV +3.7% (June deliveries)
-MSM +2.7% (earnings, guidance)
-PLTR +2.5% (momentum)
Downside:
-SSTK -32% (Getty Images plans to terminate Shutterstock merger after CMA condition requiring sale of Shutterstock editorial business)
-AA -5.4% (South 32 Ltd. divests aluminum value chain assets to Alcoa for up to $5.6B)
-SNDK -4.2% (memory weakness)
-MU -3.3% (memory weakness)
-KR -2.9% (acquires food and pharmacy retailer Giant Eagle for $1.65B)
-NIO -2.4% (June deliveries)
-CAT -2.3% (Burry short mention)
-NKE -2.1% (earnings, guidance)
Positions: None.
