Upside, Downside Premarket Movers
… a bit late, but still here:
Upside:
-BJDX +165% (partners with Argonaut Manufacturing Services to support Symphony platform)
-VSXY +32% (earnings, guidance)
-HPE +29% (earnings, guidance; appoints Christopher Hsu of Elliott Investment Management to Board of Directors)
-MRVL +18% (Nvidia’s CEO says Marvell could be next to join $1T market cap club)
-CTRN +15% (earnings, guidance)
-CAMT +11% (receives $55M multi-system order and $50M+ Hawk system orders for 2027 delivery)
-GNRC +10% (signs global supply agreement with leading hyperscale data center operator to provide backup generators)
-STM +9.9% (raises data center revenue ambition; now about $1B in 2026 (prior nicely above $500M), could double in 2027 (prior well above $1B))
-MCHP +8.9% (Data center solutions unit revenue expected to grow 65% in 2026 to about $500M; Announces price increases)
-SIG +5.8% (earnings, guidance)
-DG +5.5% (earnings, guidance)
-SMCI +4.1% (showcases next gen AMD Helios rack-scale platform at Computex)
-TRIP +2.2% (Wedbush, Inc. Assumed TRIP with Outperform, price target: $19)
Downside:
-HKIT -62% (raises $8M in registered direct offering of 4.0M shares at $2.00/shr)
-FULC -51% (discontinues pociredir for sickle cell disease; explores strategic alternatives)
-ABVX -36% (reports Phase 3 ABTECT maintenance trial data in ulcerative colitis)
-CELC -24% (reports detailed efficacy and safety results in PIK3CA MT cohort for Phase 3 VIKTORIA-1 gedatolisib regimens vs alpelisib plus fulvestrant)
-ODD -23% (earnings, guidance)
-XMTR -9.8% (prices previously announced $225M sale of 2.65M shares at $85/share)
-LPTH -9.4% (prices registered direct primary and secondary offering of Class A common stock; 7,142,800 shares at $14.00/share)
-NU -7.1% (appoints Rob Livingston CFO)
-SHAK -6.8% (cuts guidance)
-INTU -6.4% (Goldman Sachs Cuts INTU to Sell from Neutral, price target: $276 from $519)
-SNOW -3.6% (profit taking)
-CRDO -3.3% (earnings, guidance)
-GOOGL -2.8% (authorizes proposed $80B equity capital raise to expand AI infrastructure and compute)
Positions: None.
