Today's pre-market stock movers: PINS, C, PNC, RIO and more

Moomoo Breakfast US wrote a column · Jul 15, 2022 20:37

Gainers:

• $Vertical Aerospace (EVTL.US)$ +46.2% (FLYINGGROUP, one of Europe’s leading business jet operators, has conditionally pre-ordered up to 50 VX4 aircraft)

• $Pinterest (PINS.US)$ +15% (activist Elliott Mgmt has built a 9+% stake, according to WSJ)

• $Citigroup (C.US)$ +4.6% (Citigroup Q2 EPS $2.19 Beats $1.69 Estimate, Sales $19.60B Beat $18.12B Estimate)

• $Red Robin (RRGB.US)$ +3.2% (names new CEO)

• $NexGen Energy (NXE.US)$ +2.8% (Canadian Nuclear Safety Commission approves NexGen draft EIS to proceed to technical review)

• $Kornit Digital (KRNT.US)$ +2.7% (Senvest Mgmt discloses 5.7% stake)

• $UnitedHealth (UNH.US)$ +1.8% (UnitedHealth stock gains after profit beat and raised outlook, as revenue tops $80 billion)

• $R1 RCM (Delisted) (RCM.US)$ +1.4% (to become exclusive provider of enterprise revenue cycle mgmt services for Sutter Health)

• $Apache (APA.US)$ +1.3% (names new chairman)

• $Omega Therapeutics (OMGA.US)$ +1.2% (receives FDA clearance of its IND application to initiate a Phase 1/2 study of OTX-2002)

• $Virgin Galactic (SPCE.US)$ +0.9% (signs long-term lease for new manufacturing facility)

• $Bank of New York Mellon (BK.US)$ +0.5% (Bank of New York Mellon Q2 reflects higher client activity, market depreciation)

Losers:

In reaction to earnings/guidance:

• $Codexis (CDXS.US)$ -23.4% (forecast comes below estimate)

• $Harsco (HSC.US)$ -5% (Harsco Expects 2Q Operating Loss Due to Impairment Charge)

• $PNC Financial Services (PNC.US)$ -1.9% (PNC Financial Services reported Q2 non-GAAP earnings Friday of $3.42 per diluted share, up from $2.64 a year ago.)

• $Wells Fargo & Co (WFC.US)$ -1.4% (Wells Fargo & Co. said Friday that its second-quarter profit declined 48%.)

• $Blackrock (BLK.US)$ -1.2% (BlackRock's earnings sink but inflows surge in second quarter)

Select solar related names showing early weakness:

• $Sunrun (RUN.US)$ -7.1%, $SunPower (SPWR.US)$ -5%, $SolarEdge Technologies (SEDG.US)$ -4.7%, $Enphase Energy (ENPH.US)$ -4.6%, $Daqo New Energy (DQ.US)$ -3.8%, $First Solar (FSLR.US)$ -2.8%, $JinkoSolar (JKS.US)$ -2.6%

Other news:

• $Aurinia Pharmaceuticals (AUPH.US)$ -5.2% (names new exec in R&D and new CCO)

• $Turquoise Hill Resources (TRQ.US)$ -2.8% (provides Q2 production updates)

• $Rio Tinto (RIO.US)$ -1.5% (Q2 production)

Analyst comments:

$Torrid (CURV.US)$ -3.6% (downgraded to Market Perform from Outperform at Cowen)

Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more

Translate

Report

630K Views

Comment

Moomoo Breakfast US

Moomoo News Official Account

Explore and integrate top feeds before the bell

67K

Followers

Following

68K

Visitors