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Today's Pre-Market Stock Movers: BABA, GPS, ULTA, AFRM and More

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Moomoo Breakfast USwrote a column08/26/2022 21:11
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Gapping up
In reaction to earnings/guidance:
Other news:
$Micro Focus International(MFGP.US)$ +94.6% (OTEX to acquire MFGP)
$89bio(ETNB.US)$ +7.4% (resultsfromEntrigue phase 2 trial of pegozafermin)
$Pinduoduo(PDD.US)$+7%, $Bilibili(BILI.US)$+5.5%, $Alibaba(BABA.US)$+5.37%, $Alibaba(BABA.US)$ +5.45% (US and China Reach Preliminary Agreement on Audit Inspections.)
$Bed Bath & Beyond Inc(BBBY.US)$ +2.7% (confirms it will hold strategic update call on Aug 31)
Gapping down
In reaction to earnings/guidance:
$Domo Inc(DOMO.US)$ -16.1%,$Affirm Holdings(AFRM.US)$ -12.9%,$Dell Technologies(DELL.US)$ -5.1%,$Elastic(ESTC.US)$ -4.3% (also names AWS exec as chief product officer)
Other news:
$Danimer Scientific(DNMR.US)$ -10.4% (files for $100 mln mixed securities shelf offering)
$Open Text(OTEX.US)$ -8.5% (OTEX to acquireMFGP)
$Travere Therapeutic(TVTX.US)$ -5% (to present abstracts at upcoming conference)
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Moomoo Breakfast US
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ColumnBefore the Bell | Consumer spending gains seen as cooling
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