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Today's Pre-Market Stock Movers: ACN, CRM, LEN, NVAX and More

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Moomoo Breakfast US wrote a column · Sep 22, 2022 07:57
Gapping up
In reaction to earnings/guidance:
Other news:
$Precigen(PGEN.US)$ +3.9% (names new COO)
$Scorpio Tankers(STNG.US)$ +2.7% (reports it purchased its common shares in the open market and exercised a purchase option for an LR2 product tanker that is currently leased)
$Marinus Pharmaceuticals(MRNS.US)$ +1.6% (exercises first contract option by the BARDA)
$CTI BioPharma(CTIC.US)$ +1.5% (Presentation of New Anemia Benefit Data from Pacritinib Program at the Society of Hematologic Oncology (SOHO) Tenth Annual Meeting)
$Biogen(BIIB.US)$ +1.1% (Phase 3 results show benefits)
$Tilray Brands(TLRY.US)$ +1% (received approval from the Italian Ministry of Health to import and distribute Tilray’s medical cannabis oral solution THC25 across the country)
Analyst comments:
$Gracell Biotechnologies(GRCL.US)$ +8.7% (initiated with a Buy at Citigroup; tgt $12)
$23andMe(ME.US)$ +3.4% (initiated with an Outperform at Cowen; tgt $6)
$Nike(NKE.US)$ +0.5% (initiated with an Outperform at RBC Capital Mkts)
Gapping down
In reaction to earnings/guidance:
Other news:
$DBV Technologies(DBVT.US)$ -11.3% (receives partial clinical hold notice for VITESSE Phase 3 Trial)
$Chimera Investment Corp(CIM.US)$ -5% (lowers dividend)
$Cipher Mining(CIFR.US)$ -5% (files $500 mln mixed securities offering; common stock offering by selling shareholders; entered into $250 mln At The Market Offering Agreement)
$Spire Global(SPIR.US)$ -2.6% (awarded NOAA contract)
$Novartis AG(NVS.US)$ -1.7% (unveils new focused strategy,under pinned by eight potential multi-billion dollar peak sales brands & deep pipeline) .
Analyst comments:
$Novavax(NVAX.US)$ -6.2% (downgraded to Underweight from Neutral at JP Morgan)
$Block(SQ.US)$ -2.1% (downgradedtoNeutralfrom BuyatMizuho)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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