Today's pre-market stock movers: PTON, NIO, RBLX, U and more

Moomoo Breakfast USwrote a column05/11/2022 20:23

Gainers:

• $Veru Inc(VERU.US)$ +25.8% (announces that in a Pre-EUA meeting held May 10 2022 FDA has agreed that the efficacy and safety data from the completed Phase 3 clinical study in hospitalized COVID-19 patients at high risk for acute respiratory distress syndrome are sufficient to support the submission of a request for Emergency Use Authorization)

• $Desktop Metal(DM.US)$ +15.8% (prices offering of $100 mln of 6.0% convertible senior notes due 2027)

• $Ferroglobe(GSM.US)$ +14.8% (In reaction to earnings)

• $PLBY Group(PLBY.US)$ +11.1% (In reaction to earnings)

• $Nuvve(NVVE.US)$ +6.2% (to integrate its vehicle-to-grid GIVe platform with Power Electronics charging station tech)

• $Callaway Golf(ELY.US)$ +6.9% (In reaction to earnings)

• $Cardlytics(CDLX.US)$ +5% (authorizes new $40 mln share repurchase program)

• $Tricida(TCDA.US)$ +4.9% (files for $350 mln mixed securities shelf offering)

• $NIO Inc(NIO.US)$ +3.3% (announces the expected listing date for its proposed secondary listing on the Singapore Exchange)

• $Cameco(CCJ.US)$ +3.2% (increases ownership stake in Cigar Lake Mine)

• $Electronic Arts Inc(EA.US)$ +3.1% (also increases dividend)

• $Invesco(IVZ.US)$ +3% (reports April AUM)

• $The Lion Electric(LEV.US)$ +1.6% (DAN announces long-term supply agreement with LEV)

• $Raytheon Technologies(RTX.US)$ +1% (awarded $270 mln Navy contract)

Analyst comments:

• $Peloton Interactive(PTON.US)$ +3.9% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities)

• $HF Sinclair Corp(DINO.US)$ +3.6% (upgraded to Outperform from Market Perform at Cowen)

• $Trex Co.(TREX.US)$ +3.2% (upgraded to Neutral from Underperform at Credit Suisse)

Losers:

• $Inovio Pharmaceuticals(INO.US)$ -22.5% (also names new CEO)

• $Unity Software(U.US)$ -21.9% (the video game software developer issued weaker than expected revenue guidance)

• $GrowGeneration(GRWG.US)$ -18.9% (also to delay its 10-Q)

• $Coinbase(COIN.US)$ -15.6% (also files mixed securities shelf offering)

• $Array Technologies(ARRY.US)$ -15.5% (In reaction to earnings)

• $Vuzix(VUZI.US)$ -10.8% (In reaction to earnings)

• $Global Cord Blood(CO.US)$ -8% (announces receipt of petition from Blue Ocean Structure Investment)

• $Ryerson(RYI.US)$ -6.8% (secondary offering of 3.5 mln shares of common stock by its principal shareholder)

• $Werewolf Therapeutics(HOWL.US)$ -6.2% (files for $150 mln mixed securities shelf offering)

• $Applovin(APP.US)$ -5.2% (in sympathy with weak earnings from peer U)

• $FreightCar America(RAIL.US)$ -2.9% (CEO to retire in 2023)

• $Roblox(RBLX.US)$ -1.7% (posted a wider than expected loss for its latest quarter as well as sales that fell shy of Street forecasts)

• $Mercury Systems(MRCY.US)$ -1.3% (signs collaboration agreement with LMT to develop new sensor processing technologies)

• $Recursion Pharmaceuticals(RXRX.US)$ -1.1% (files mixed securities shelf offering)

Analyst comments:

• $Hydrofarm(HYFM.US)$ -11.5% (downgraded to Neutral from Buy at UBS)

• $Katapult(KPLT.US)$ -2.8% (downgraded to Hold from Buy at Loop Capital)

• $Carvana(CVNA.US)$ -1.4% (downgraded to Hold from Buy at Stifel)

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Moomoo Breakfast US

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ColumnBefore the Bell | Consumer spending gains seen as cooling

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我只想赚个买菜钱 : NIO Pre-market UP 3.3%, before open market, immediately turned into RED. Only NIO able to do so. Haha.

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