Upside, Downside Movers in the Morning
Upside:
-BWMN +56% (acquired by infrastructure PE firm Bernhard Capital Partners for $43.00/shr in cash)
-VREX +49% (acquired by Teledyne at $18.90/shr in $1.1B cash deal; reports Q3)
-HZO +45% (confirms to be acquired by Safe Harbor for $53.00/shr in cash)
-ABCL +29% (reports Phase 2 ABCL635 data in menopausal hot flashes; primary endpoints met)
-SLN +27% (reports Phase 2 divesiran data in polycythemia vera; primary endpoint met)
-ACHR +20% (acquires Boeing’s Wisk Aero, SkyGrid and Insitu)
-NESR +9.7% (earnings, color)
-CECO +7.2% (earnings, guidance)
-TH +5.9% (earnings, guidance)
-NNVC +5.3% (receives ACOREP approval for Phase II NV-387 Oral Gummies trial in Bundibugyo Ebola virus disease in DRC)
-HPE +5.1% (Morgan Stanley Raised HPE to Overweight from Equal Weight, price target: $69)
-PLUG +5.0% (momentum)
-SPCX +2.9% (traders circulating SemiAnalysis piece from Friday saying SpaceX on track to build about 10GW by year; lock-up rally)
-DKS +2.7% (Wells Fargo Raised DKS to Overweight from Equal Weight, price target: $240)
-GME +2.6% (Gamestop’s Cohen reportedly considering pulling $56B bid for eBay)
-AAON +2.3% (earnings, guidance)
-AXSM +2.2% (earnings, color)
-META +2.2% (releases Muse Glimmer, 30B open-source model from Meta Superintelligence Labs)
Downside:
-SION -90% (reports Phase 2a SION-719 data in cystic fibrosis; key activity endpoint missed)
-TENX -85% (reports Phase 3 TNX-103 data in PH-HFpEF; primary and key secondary endpoints missed)
-MNDY -9.3% (earnings, guidance)
-B -6.1% (earnings, guidance)
-VRSK -5.7% (downside momentum)
-VATE -5.1% (files up to $100M shelf)
-KEEL -4.4% (earnings, color)
-INTC -3.7% (files S-3 automatic shelf registration for $15B common stock offering)
Positions: None.
