Today's pre-market stock movers: KSS, NIO, MU, LULU and more
Gainers:
• $Cytokinetics (CYTK.US)$ +8.7% (prices offering of of $450.0 mln of 3.50% convertible senior notes due 2027)
• $BioCryst Pharmaceuticals (BCRX.US)$ +2.6% (presents new data demonstrating consistently low attack rates among HAE patients after switching to ORLADEYO)
• $Lindsay (LNN.US)$ +2.3% (increases quarterly cash dividend to $0.34 per share from $0.33 per share)
Analyst comments:
Losers:
• $Kohl's Corp (KSS.US)$ -16.4% (Franchise Group negotiations to acquire Kohl's Corporation have terminated; lowers Q2 sales outlook)
• $Embraer (ERJ.US)$ -3.2% (signs agreement with Toyota do Brasil in order to run operations more efficiently)
• $Ares Commercial Real Estate Corp (ACRE.US)$ -1.9% (files for $1.25 bln mixed securities shelf offering)
Analyst comments:
• $Duck Creek Technologies (DCT.US)$ -3.5% (downgraded to Neutral from Buy at BofA Securities; downgraded to Mkt Perform from Mkt Outperform at JMP Securities)
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dingsterx : Ok