Today's Pre-Market Stock Movers: QCOM, BA, ROKU, AZN and More

Moomoo Breakfast USwrote a column09/23/2022 20:59

Gapping up

In reaction to earnings/guidance:

• $CalAmp(CAMP.US)$ +0.6%

Other news:

• $Cano Health(CANO.US)$ +6.1% ($Humana(HUM.US)$ in the running to acquire CANO according to WSJ)

• $Corcept Therapeutics(CORT.US)$ +4.5% (extends deal with Optime Care to March 31 2024)

• $LPL Financial(LPLA.US)$ +4.1% (reports monthly activity for August)

• $Dentsply Sirona(XRAY.US)$ +3% (names new CFO)

• $iPath Series B S&P 500 VIX Short-Term Futures ETN(VXX.US)$ +2.9% (trading higher with weakness in US futures)

• $IMAX Corp(IMAX.US)$ +1.2% (acquires streaming technology co SSIMWAVE for $20 mln in cash and stock)

Analyst comments:

• $FuboTV(FUBO.US)$ +1.8% (upgraded to Outperform from Neutral at Wedbush)

Gapping down

In reaction to earnings/guidance:

• $Scholastic Corp(SCHL.US)$ -4.4%,$Costco(COST.US)$ -3.2%,$American Public Education(APEI.US)$ -1.3%

Select ETFs showing early weakness:

• USO-3.2%,SLV-2.8%,IWM-1.6%,GLD-1.5%,QQQ-1.4%,SPY-1.3%,DIA-1.2%

Other news:

• $EDAP TMS(EDAP.US)$ -11.3% (prices offering of 2,666,667 ADSs at $7.50 per ADS)

• $Artivion(AORT.US)$ -8.1% (follows recommendation to stop PROACT Xa Clinical Trial)

• $Riot Platforms(RIOT.US)$ -6.9% (supplementing its disclosures regarding the material weaknesses identified by management)

• $AstraZeneca(AZN.US)$ -3.6% (AstraZeneca partner lonisPharma provides update on development program evaluating PCSK9 antisense medicine; ION449 will not advance into Phase 3 development based on pre-specified criteria)

• $Ionis Pharmaceuticals(IONS.US)$ -3.3% (lonis Pharma provides update on development programe valuating PCSK9 antisense medicine; ION449 will not advance into Phase 3 development based on pre-specified criteria)

• $The Mosaic(MOS.US)$ -3.1% (reports August revs and sales volumes)

• $1stdibs.com(DIBS.US)$ -2.9% (announces 10% workforce reduction)

• $Roku Inc(ROKU.US)$ -2.6% (names three senior execs as presidents)

• $DocuSign(DOCU.US)$ -2.4% (names Google exec Allan Thygesen as CEO)

• $Ballard Power Systems Inc(BLDP.US)$ -2.4% (receives order for 14 x200kW fuel cell modules from Siemens Mobility)

• $BJ's Wholesale Club Holdings(BJ.US)$ -2.3%(in sympathy with COST earnings)

• $Boeing(BA.US)$ -2.3% (to pay $200 mln to settle case with SEC relating to former CEO misleading statements re 737 MAX)

• $Kohl's Corp(KSS.US)$ -2% (activist investor Ancora favors Tom Kings bury as CEO replacement, according to Axios)

• $Qualcomm(QCOM.US)$ -1.8% (automotive design-win pipeline has grown to $30 bln)

• $Target(TGT.US)$ -1.5%(in sympathy with COST earnings)

Analyst comments:

• $Ally Financial(ALLY.US)$ -2.8% (downgraded to Equal Weight from Overweight at Wells Fargo)

• $Digital Realty Trust Inc(DLR.US)$ -2.5% (downgraded to Underweight from Equal Weight at Barclays)

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Moomoo Breakfast US

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ColumnBefore the Bell | Consumer spending gains seen as cooling

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JATrader : Fubo fly when is world cup. these few days good tat it when and touch 4. now the analyst mentioned will rise due to world cup. Time to huat

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72950576 : Hi

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