Today's Pre-Market Stock Movers: CSCO, KSS, BBBY, NTES and More
Gainers:
In reaction to earnings/guidance:
• $Wolfspeed(WOLF.US$ +22.2%, $Canadian Solar(CSIQ.US$ +6.5%, $BJ's Wholesale Club Holdings(BJ.US$ +5.8%, $Cisco(CSCO.US$ +5.3%, $Keysight Technologies(KEYS.US$ +4.3%, $Madison Square Garden Sports(MSGS.US$ +3%, $NetEase(NTES.US$ +2.7%, $NICE Ltd(NICE.US$ +2.1%, $Synopsys(SNPS.US$ + 1.8%
News:
• $Brooge Energy(BROG.US$ +17.1% (says majority shareholder, BPGIC Holdings, would like to take company private)
• $DCP Midstream(DCP.US$ +6.5% (PSX increases its economic interest in DCP from 28.26% to 43.31%; also makes offer to acquire all publicy held common units of DCP for $34.75/unit; also PSX realigns economic and governance interests in DCP)
• $Cue Health(HLTH.US$ +3.5% (clinical study demonstrates that its point of care molecular COVID-19 test is as accurate as a centralized labbased RT-PCR)
• $Winnebago Industries(WGO.US$ +1.5% (increases dividend by 50%; also authorizes new $350 mln share repurchase program)
• $BioCryst Pharmaceuticals(BCRX.US$ +1.1% (announces that the Saudi Food and Drug Authority has approved oral, once-daily ORLADEYO to prevent attacks of hereditary angioedema in adults and pediatric patients 12 years of age and older in Saudi Arabia)
Losers:
In reaction to earnings/guidance:
• $Kohl's Corp(KSS.US$ -8.7%, $Sociedad Quimica Y Minera De Chile(SQM.US$ -4%, $Amcor(AMCR.US$ -3.4%, $SpartanNash(SPTN.US$ -2.9%, $Melco Resorts and Entertainment(MLCO.US$ -2.7%, $Estee Lauder(EL.US$ -1.8%
News:
• $Eargo(EAR.US$ -16% (supports new regulation on OTC hearing aids; believes its hearing aids are within the FDA's requirements)
• $Royal Philips(PHG.US$ -1.3% (to convene Extraordinary General Meeting of Shareholders to appoint Roy Jakobs as new President and CEO)
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