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Today's pre-market stock movers: PTON, PEP, NVAX, GPS and more

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Moomoo Breakfast US wrote a column · Jul 12, 2022 07:31
Gainers:
$Canoo(GOEV.US)$ +71.3% (receives purchase order of 4500 Canoo Electric Delivery Vehicles from Walmart)
$Aldeyra Therapeutics(ALDX.US)$ +14.1% (achieved primary endpoints in dry eye disease chamber crossover clinical trial)
$Westport Fuel(WPRT.US)$ +10.9% (awarded 38 mln program)
$Greenwich LifeSciences(GLSI.US)$ +5.9% (FDA has removed the clinical hold permitting the Flamingo-01 Phase III clinical trial to proceed; suspends share repurchase program)
$BELLUS Health(BLU.US)$ +5.4% (reports End-of-Phase 2 Meeting with the FDA and its CALM Phase 3 Program for BLU-5937 in Refractory Chronic Cough)
$Cohu Inc(COHU.US)$ +3.5% (Cohu (COHU) said Monday it expects Q2 revenue of $216 million to $218 million, higher than the guidance range mid-point of $213 million)
$Leap Therapeutics(LPTX.US)$ +3.2% (Leap Therapeutics and BeiGene (BGNE) announce the initiation of Part C of the ongoing DisTinGuish study to evaluate DKN-01 Leap's anti-SSEDickkopf 1 (DKK1) antibody in combination with tislelizumab BeiGene's anti-PD-1 antibody)
$Clarivate(CLVT.US)$ +3% (CEO to retire; names new CEO)
$Peloton Interactive(PTON.US)$ +2.6% (exits owned-manufacturing and expands partnership with Rexon)
$Dave & Buster's Entertainment(PLAY.US)$ +2.3% (names new execs following Main Event acquisition names new COO; entered into an amendment and restatement of the cooperation letter agreement with Hill Path Capital and James Chambers)
$Aerojet Rocketdyne(AJRD.US)$ +2.3% (names new chairman)
• PEP+1.3% (PepsiCo Inc. reported a 5.2% increase in revenue in the latest quarter, driven by price increases and strong sales of its snacks and packaged foods)
Analyst comments:
$Glaukos(GKOS.US)$ +2.1% (upgraded to Buy from Hold at Stifel)
Losers:
$Fulcrum Therapeutics(FULC.US)$ -12.1% (CMO to step down)
$RxSight(RXST.US)$ -6.7% (received notification from the FDA that additional information will be required for the approval of its lower- cost-to-manufacture Light Delivery Device)
$Pliant Therapeutics(PLRX.US)$ -6.2% (stock offering)
$Gap Inc(GPS.US)$ -6.1% (CEO will step down; names new CEO for Old Navy unit; reaffirms Q2 rev outlook but expects increased promotional activity)
$Fluor(FLR.US)$ -4.1% (awarded a new contract by New Fortress Energy)
$Novavax(NVAX.US)$ -2.2% (details modification to vaccine candidate for the SARS-CoV-2 virus contract)
$Brookdale Senior Living(BKD.US)$ -2% (reports June operating metrics)
Analyst comments:
$American Express(AXP.US)$ -2.6% (downgraded to Equal-Weight from Overweight at Morgan Stanley)
$Capital One Financial(COF.US)$ -2.3% (downgraded to Equal-Weight from Overweight at Morgan Stanley; downgraded to Perform from Outperform at Oppenheimer)
$C.H. Robinson Worldwide(CHRW.US)$ -1.5% (downgraded to Peer Perform from Outperform at Wolfe Research)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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