Upside, Downside Movers in the Morning
Upside:
-UTZ +89% (to be acquired by Intersnack Group at $14.25/shr in cash)
-DRTS +8.8% (Alpha DaRT plus pembrolizumab results in locally advanced or metastatic HNSCC)
-SNDK +7.5% (memory stock strength)
-WDC +7.4% (memory stock strength)
-NBIS +6.8% (Nvidia discloses 9.3% passive stake)
-STX +6.1% (memory stock strength)
-MMM +5.8% (earnings, guidance)
-MU +5.8% (memory stock strength)
-MBLY +3.6% (integrates REM technology into select Stellantis vehicles from 2027)
-NVS +3.0% (earnings, guidance)
-CCK +2.5% (earnings, guidance)
-GPC +2.1% (earnings, guidance)
Downside:
-AGIO -14% (reports Phase 2 data for tebapivat in sickle cell disease; will not advance)
-CALX -13% (earnings, guidance)
-DHR -12% (earnings, guidance)
-EFX -11% (earnings, guidance)
-MSCI -11% (earnings, guidance)
-MGY -6.4% (acquires private oil and gas producer WildFire Energy for $4.06B)
-ZION -6.0% (earnings, guidance)
-PD -5.3% (Morgan Stanley Cuts PD to Underweight from Equal Weight, price target: $9)
-WDAY -4.6% (Morgan Stanley Cuts WDAY to Underweight from Equal Weight, price target: $145)
-HAL -3.8% (earnings, color)
-FROG -3.5% (Morgan Stanley Cuts FROG to Equal Weight from Overweight, price target: $95)
-TRIP -3.4% (hearing BTIG Cuts TRIP to Neutral from Buy)
-HZO -2.6% (B. Riley Securities, Inc Cuts HZO to Neutral from Buy, price target: $35)
-ESTC -2.0% (Morgan Stanley Cuts ESTC to Equal Weight from Overweight, price target: $66)
Positions: None.
