Today's pre-market stock movers: RKLB, ILMN, TOST, BABA and more
Gainers:
In reaction to earnings/guidance:
• $Payoneer Global(PAYO.US$ +19.4%, $Toast(TOST.US$ +13.1%, $PDF Solutions(PDFS.US$ +7.7%, $Wheels Up Experience(UP.US$ +7.1%, $LegalZoom(LZ.US$ +6.5%, $Joby Aviation(JOBY.US$ +3.6%, $indie Semiconductor(INDI.US$ +2.9%, $Rocket Lab(RKLB.US$ +2.4%, $Rivian Automotive(RIVN.US$ +1.2%
Other news:
• $WeTrade Group(WETG.US$ +47.8%(announces $50 million sales of monkeypox virus test kits to Parkway Medical Limited)
• $Airsculpt Technologies(AIRS.US$ +10.4% (declared a special dividend of $0.41 per share special cash dividend. The dividend will be paidon September 14 2022 to shareholders of record at the close of business on August 26 2022)
• $ESS Tech(GWH.US$ +7.4%(to partner with Energy Storageon iron flow batteries using ESS technology in Australia New Zealand and Oceania)
• $TELUS(TU.US$ +4.4% (receives court approval and key regulatory approvals for its proposed acquisition of LifeWorks)
• $Shaw Communications(SJR.US$ +3.9%(Rogers CommsShaw(SJR)and Quebecor sign definitive agreement for sale of Freedom Mobile)
• $Rapid Micro Biosystems(RPID.US$ +3.8% (announces review of strategic alternatives to maximize shareholder value; rejects unsolicited non-binding proposalof $5/share from Kennedy Lewis Investment Management; also reported earnings)
• $Fisker(FSR.US$ +2% (sells out of 2023 planned production of Fisker Ocean Sport and Ultra trims for the US market and prepares for the start of production in Austria)
Analyst comments:
Losers:
In reaction to earnings/guidance:
• $CS Disco(LAW.US$ -32.7%, $Olo Inc(OLO.US$ -31.7%, $Expensify(EXFY.US$ -18.1%, $Illumina(ILMN.US$ -14.8%, $SmartRent(SMRT.US$ -14.3%, $Mister Car Wash(MCW.US$ -8.7%, $ForgeRock(FORG.US$ -5.7%, $Spectrum Brands(SPB.US$ -5%, $Vermilion Energy(VET.US$ -4.5% (also increases dividend), $Poshmark(POSH.US$ -4.1%, $Algonquin Power & Utilities(AQN.US$ -3.5%, $System1(SST.US$ -2.5% (also authorizes $25 mln stock and warrant repurchase program), $Endeavor Group(EDR.US$ -1.9% (also acquires majority stake in Barrett-Jackson), $Cadre Holdings(CDRE.US$ -1.6%, $ResMed(RMD.US$ -1.2% (also increases dividend),
Other news:
• $Avita Medical(RCEL.US$ -7.5% (announces topline results for its trial evaluating the RECELL System)
• $Petrochina(PTR.US$ -4.8%, $China Life Insurance(LFC.US$ -2.7%, $China Petroleum & Chemical(SNP.US$ -2.5%, $Aluminum Corporation Of China(ACH.US$ -2.3% (to voluntarily delist from NYSE)
• $Inspire Medical Systems(INSP.US$ -2.9% (prices offering of 1.0 mln shares of common stock at $215.00 per share)
• $Alibaba(BABA.US$ -3.0%
• $Alibaba(BABA.US$ -3.0%
Analyst comments:
• $4D Molecular Therapeutics(FDMT.US$ -4.3% (downgraded to Mkt Perform from Outperform at SVB Leerink)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
Giovanni Ayala :
57AB : how knows anything about stocks in liquid energy business