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Today's pre-market stock movers: TSLA, AAPL, POLY and more

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Moomoo Breakfast US wrote a column · Mar 28, 2022 07:47
Gainers
$Plantronics (POLY.US)$ +50% (to be acquired by HP Inc ( $HP Inc (HPQ.US)$) for $40.00 per share)
$Axsome Therapeutics (AXSM.US)$ +21.6% (Jazz Pharma divests Sunosi to Axsome Therapeutics)
$Staar Surgical (STAA.US)$ +15.4% (receives FDA approval of EVO Visian Implantable Collamer Lenses)
$Palladyne AI (STRC.US)$ +7.6% (announces that the Company has reached a definitive merger agreement to acquire Pittsburgh-based RE2)
$Tesla (TSLA.US)$ +5.6% (Tesla tweets "Tesla will ask shareholders to vote at this year's annual meeting to authorize additional shares in order to enable a stock split" )
$Huntsman (HUN.US)$ +3.1% (doubles size of share repurchase authorization to $2 billion, targets $1 billion of repurchases in 2022)
$Tuya Inc (TUYA.US)$ +3.1%, $Science Applications International (SAIC.US)$ +2.3% (In reaction to earninqs/quidance)
$Evelo Biosciences (EVLO.US)$ +2.8% (Presents Late-Breaking Oral Abstract on Data from Phase 2 Trial of EDP1815 in Psoriasis at 2022 American Academy of Dermatology Annual Meeting)
$Schweitzer-Mauduit International (SWM.US)$ +2.7% (Schweitzer-Mauduit and $Neenah (NP.US)$ to combine in all-stock transaction to create a ~$3 billion global leader in specialty materials)
$Express (EXPR.US)$ +1.4% (appoints Jason Judd as CFO, effective April 4)
$Sanofi (SNY.US)$ +1.3% (reports Xenpozyme (olipudase alfa) approved in Japan)
$Cara Therapeutics (CARA.US)$ +1.3% (Announces Oral KORSUVA (difelikefalin) Improves Itch and Inflammatory Biomarkers in Atopic Dermatitis Patients with Moderate-To-Severe Pruritus)
Analyst comments:
$KLA Corp (KLAC.US)$ +2% (upgraded to Buy from Neutral at Goldman)
$Deere (DE.US)$ +1.5% (upgraded to Neutral from Underweight at JP Morgan)
$Bank of New York Mellon (BK.US)$ +1% (upgraded to Equal-Weight from Underweight at Morgan Stanley)
Losers
$Vir Biotechnology (VIR.US)$ -4.6% (FDA amended the EUA fact sheet for sotrovimab, an investigational monoclonal antibody)
$Vermilion Energy (VET.US)$ -3% (acquires Leucrotta Exploration for $477 mln)
$Apple (AAPL.US)$ -1.4% (aiming to lower production of iPhone SEs, according to Nikkei)
$Cyxtera Technologies (CYXT.US)$ -1.4% (files for 7.5 mln share common stock offering by selling shareholders)
Analyst comments:
$Beyond Meat (BYND.US)$ -6.5% (downgraded to Underweight from Neutral at Piper Sandler)
$Qorvo (QRVO.US)$ -3.5% (downgraded to Neutral from Buy at Goldman)
$Microchip Technology (MCHP.US)$ -2.2% (downgraded to Neutral from Buy at Goldman)
$Kennametal (KMT.US)$ -2% (downgraded to Underweight from Neutral at JP Morgan)
$Altria (MO.US)$ -1.7% (downgraded to Sector Perform from Outperform at BC Capital Mkts)
$Foot Locker (FL.US)$ -1.6% (downgraded to Market Perform from Outperform at Cowen)
$Campbell Soup (CPB.US)$ -1.3% (downgraded to Sector Perform from Outperform at BC Capital Mkts)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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