Today's pre-market stock movers: BP, CHGG, PFE, EL and more
Gainers:
• $Belite Bio (BLTE.US)$ +17.49% (announces that LBS-008 an orally administered tablet has been granted Fast Track Designation by the U.S. Food and Drug Administration for the treatment of STGD1)
• $AST SpaceMobile (ASTS.US)$ +9.30% (receives experimental license from FCC for BlueWalker 3 satellite testing)
• $Taysha Gene Therapies (TSHA.US)$ +5.6% (granted orphan drug designation from the European Commission for TSHA-120)
• $Imperial Oil (IMO.US)$ +1.6% (announces terms of its substantial issuer bid for up to CAD2.5 bln)
• $ACADIA Pharmaceuticals (ACAD.US)$ +1% (FDA Advisory Committee to host meeting to review sNDA for NUPLAZID on June 17)
Analyst comments:
• $Jakks Pacific (JAKK.US)$ +3.8% (upgraded to Outperform from Market Perform at BMO Capital Markets)
• $Shenandoah Telecommunications Co (SHEN.US)$ +2.6% (upgraded to Strong Buy from Outperform at Raymond James)
Losers:
• $Chegg (CHGG.US)$ -39.8% (cut its revenue outlook, saying current economic conditions are prompting consumers to prioritize “earning over learning.”)
• $Pfizer (PFE.US)$ -1.1% (reported a first-quarter profit of $1.62 per share, 15 cents a share above estimates. Revenue topped forecasts as well. The drugmaker cut its full-year outlook due to an accounting change)
Analyst comments:
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BullRunner : Thanks for a very informative info.
SarumanWise : Agreed, very useful information, especially the context. Appreciate the effort
71263800 SarumanWise : Push up upup push $40
70171859 BullRunner : E ex