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Today's Pre-Market Stock Movers: PANW, NDSN, ZM, M and More

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Moomoo Breakfast US wrote a column · Aug 23, 2022 07:42
Gapping up
In reaction to earnings/guidance:
$Palo Alto Networks(PANW.US)$ +9.4% (also declares 3-for-l stock split, increases share repurchase auth to $1 bln), $Nordson(NDSN.US)$ +4.7%, $JD.com(JD.US)$ +4.1%, $KE Holdings(BEKE.US)$ +3.9%, $Dole plc(DOLE.US)$ +2.9%, $GDS Holdings(GDS.US)$ +2.3%, M +2.1%, $JM Smucker(SJM.US)$ +1.8%, $Medtronic(MDT.US)$ +1.2%
Other news:
$Aerie Pharmaceuticals(AERI.US)$ +35.4% (to be acquired by Alcon (ALC) for $15.25 per share)
$Cano Health(CANO.US)$ +4.9% (Owl Creek Asset Management Delivers Letter to Cano Health Board of Directors)
$EDGIO(EGIO.US)$ +4% (names new CFO)
$Geron(GERN.US)$ +1.8% (first patient has been dosed in IMproveMF Phase 1 combination study)
$Kohl's Corp(KSS.US)$ +1.1% (director buys 25K shares)
Analyst comments:
$Denny's(DENN.US)$ +3.5% (upgraded to Outperform from Neutral at Wedbush)
Gapping down
In reaction to earnings/guidance:
Other news:
$Assertio(ASRT.US)$ -25% (prices offering of $60mlnof 6.50% convertible senior notes due 2027)
$Foghorn Therapeutics(FHTX.US)$ -18.3% (FDA placed a full clinicalhold onthe Phase 1 dose escalation study of FHD-286)
$GigaCloud Technology(GCT.US)$ -17.05% (Nasdaq IPO on Aug. 18)
$FinVolution(FINV.US)$ -2% (expands share repurchase program to $140mlnfrom $60mln)
$Lexicon Pharmaceuticals(LXRX.US)$ -1% (highlights publications relating to Sotagliflozin's Differentiated Dual SGLT1 and SGLT2 Mechanism)
Analyst comments:
$Grocery Outlet(GO.US)$ -3.7% (downgraded to Underweight from Equal-Weight at Morgan Stanley)
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