Upside, Downside Movers in the Morning
Upside:
-MKTX +30% (to be acquired by ICE at $167/shr cash; earnings)
-XRX +26% (earnings, guidance)
-CORT +19% (earnings, guidance)
-PRCH +17% (earnings, guidance)
-BAX +15% (earnings, guidance)
-EME +14% (earnings, guidance)
-PWR +13% (earnings, guidance)
-FTNT +11% (earnings, guidance)
-HII +11% (earnings, guidance)
-LRCX +11% (earnings, guidance)
-NBIS +11% (momentum)
-SMTI +10% (MIMEDX acquiring regenerative medicine company Sanara MedTech in cash and stock deal valued at $35/shr with enterprise value $350M)
-MSFT +9.8% (earnings, guidance)
-AVY +9.3% (earnings, guidance)
-BE +8.4% (multiple broker upgrades)
-CMG +8.2% (earnings, guidance)
-CORZ +7.1% (hearing KBW upgrades)
-ARM +6.7% (earnings, guidance)
-SBUX +5.3% (earnings, guidance)
-CNK +4.7% (earnings, color)
-FIVN +4.2% (to replace TWO in the S&P SmallCap 600 Index, effective Aug 3rd)
-INTC +4.2% (momentum)
-RAL +3.9% (earnings, guidance)
-FLS +3.7% (earnings, guidance)
-RKLB +3.4% (signs deal for 3 dedicated Electron launches with iQPS)
Downside:
-CAPR -55% (FDA advisory committee votes against efficacy evidence of Deramiocel for CM in DMD patients)
-TDOC -21% (earnings, guidance)
-LKQ -14% (earnings, guidance)
-CROX -13% (earnings, guidance)
-SIRI -12% (earnings, guidance)
-META -9.8% (earnings, guidance)
-CVNA -7.5% (earnings, guidance)
-NCLH -7.3% (earnings, guidance)
-AGCO -6.1% (earnings, guidance)
-LHX -5.4% (earnings, guidance)
-CI -4.2% (earnings, guidance)
-H -3.8% (earnings, guidance)
-MO -3.4% (earnings, guidance)
-QCOM -2.9% (earnings, guidance)
Positions: None.
