Upside, Downside Movers in the Morning
Upside:
-HOWL +140% (merges with Ambros in all-stock deal to advance neridronate for CRPS-1; sells preclinical INDUCER and INDUKINE platform assets to EMD for up to $33M)
-GOSS +11% (enters up to $250M private placement to advance seralutinib for PAH and PH-ILD)
-ROST +7.5% (earnings, guidance)
-NTES +7.2% (momentum following earnings)
-MSTR +6.7% (BTC, crypto name strength following President Trump’s affirmation of support for crypto-friendly policy in White House meeting with crypto execs)
-OI +5.6% (CitiGroup Raised OI to Buy from Neutral, price target: $9)
-BEKE +5.4% (earnings, color)
-INNV +5.0% (KeyBanc Capital Markets Raises INNV to Overweight from Sector Weight, price target: $13)
-MARA +4.9% (BTC, crypto name strength following President Trump’s affirmation of support for crypto-friendly policy in White House meeting with crypto execs)
-BKE +4.4% (earnings, color)
-COIN +4.4% (BTC, crypto name strength following President Trump’s affirmation of support for crypto-friendly policy in White House meeting with crypto execs)
-UI +4.1% (earnings, color; extends share buyback)
-BJ +2.5% (earnings, guidance)
Downside:
-FLUX -21% (earnings, guidance)
-ICG -10% (earnings, color)
-OSIS -9.7% (earnings, guidance)
-TLX -7.7% (hearing Bell Potter Cuts TLX.AU to Hold from Buy, price target: A$19)
-AVAH -6.4% (prices 15M-share secondary offering at $11.75/shr)
-FLO -5.3% (earnings, guidance)