Today's pre-market stock movers: JELD, BILI, NIO, XPEV and more
Gainers:
• $Innoviz Technologies(INVZ.US$ +18.7% (selected by "large automotive group manufacturer" to become its direct LiDAR supplier across multiple brands)
• $Hilltop Holdings(HTH.US$ +15.7% (commenced a modified "Dutch auction" tender offer to purchase for cash up to $400 mln of its common stock at a price per share not less than $28,00 and not greater than $32.00 less any applicable withholding taxes and without interest using available cash on hand)
• $NextDecade(NEXT.US$ +4.47% (announces the execution of a 15-year sale and purchase agreement with ENGIE S.A. for the supply of liquefied natural gas from NextDecade's R.io Grande LNG export project in Brownsville Texas)
• $PureCycle Technologies(PCT.US$ +2.3% (files for 33132056 share common stock offering by selling shareholders)
• $IDEAYA Biosciences(IDYA.US$ +1.7% (receives Orphan Drug Designation for darovasertib a PKC inhibitor for the treatment of uveal melanoma)
• $Spirit Airlines(SAVE.US$ +1% (JetBlue (JBLU) submits enhanced superior proposal to acquire Spirit for $33 cash per share)
Analyst comments:
• $Empire State Realty Trust Inc(ESRT.US$ +1.2% (upgraded to Outperform from In-line at Evercore ISI)
Losers:
• $Hutchmed (China)(HCM.US$ -18.49% (receives Complete Response Letter from the U.S. FDA for surufatinib for the treatment of advanced neuroendocrine tumors)
• $Navient(NAVI.US$ -4.7% (President Biden considering cancelling at least $10,000 in student loan debt for people with incomes below $150K)
• $Milestone Pharmaceuticals(MIST.US$ -3.3% (Presentation of Data from Phase 3 NODE-302 Study of Etripamil for the Treatment of PSVT)
• $Coherus BioSciences(CHRS.US$ -2.7% (Coherus BioSciences and Junshi Biosciences receive Complete Response Letter from U.S. FDA for toripalimab BLA)
• $Tarsus Pharmaceuticals(TARS.US$ -2.2% (announces $50 mln underwritten public offering of common stock)
• $Axsome Therapeutics(AXSM.US$ -2% (FDA issues CRL regarding company's NDA for AXS-07 for acute treatment of migraine)
Analyst comments:
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Dino 64 : Nio is a pre market mover alright.....DOWN.
Unstoppable Blessing :
102980383_PP : k