Upside, Downside Movers in the Morning

Upside:

-AOUT +27% (earnings, guidance)

-IOT +13% (earnings, guidance)

-PL +11% (earnings, guidance)

-AMC +4.9% (acquires digital out-of-home media network Captivate)

-USAR +4.8% (China rare earth firms reportedly halt some US shipments over geopolitical worries)

-MP +3.4% (China rare earth firms reportedly halt some US shipments over geopolitical worries)

-BE +2.9% (momentum)

-IONS +2.8% (strength following FDA approval of Zanvastro (zilganersen) for treatment of Alexander Disease)

-TTD +2.5% (plans 15% workforce reduction)

-UUUU +2.5% (China rare earth firms reportedly halt some US shipments over geopolitical worries)

Downside:

-LULU -20% (earnings, guidance)

-OXM -17% (earnings, guidance)

-GWRE -16% (earnings, guidance)

-FICO -14% (US FHFA Dir Pulte: Equifax, Experian, Transunion have been overcharging; Seriously considering bi-merge and stronger solutions)

-EFX -12% (US FHFA Dir Pulte: Equifax, Experian, Transunion have been overcharging; Seriously considering bi-merge and stronger solutions)

-TRU -12% (US FHFA Dir Pulte: Equifax, Experian, Transunion have been overcharging; Seriously considering bi-merge and stronger solutions)

-PATH -8.5% (earnings, guidance)

-ADBE -3.9% (appoints Anil Chakravarthy as CEO, effective Dc 1st)

-ZS -3.4% (earnings, guidance)

-TSLA -2.9% (weakness following underwhelming Cybercab launch)

-BILI -2.6% (files to sell $700M convertible senior unsecured notes due 2031)

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Posted by Doug Kass

Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality. On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box." A Note from Doug: Current strategies and actionable trade ideas -- all on one dynamic platform built exclusively for active trades. From sudden sell-offs to sudden spikes, TheStreet Pro arms you with crucial analysis -- at a rapid fire, professional pace -- to help you make sound trading decisions -- every day, every hour, and every minute. Join me and my team of professional traders for unique perspectives and breakthrough investment opportunities.

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