Today's pre-market stock movers: SIGA, PHG, VERU, AZN and more
Gainers:
In reaction to earnings/guidance:
• $RPM International (RPM.US)$ +1.3%, $Southside Bancshares (SBSI.US)$ +1%, $Vodafone (VOD.US)$ +0.7%
Other news:
• $SIGA Technologies (SIGA.US)$ +27.6% (World Health Organization decided that the global monkeypox outbreak represents a public health emergency of international concern)
• $Infrastructure & Energy Alternatives (IEA.US)$ +24.5% (MasTec (MTZ) will acquire outstanding shares of IEA in a cash-and-stock transaction valued at $14.00 per IEA share; provides outlook)
• $Zymergen (ZY.US)$ +21% (Ginkgo (DNA) will acquire Zymergen in an all-stock transaction that values Zymergen at an ~$300 mln market capitalization)
• $Gorilla Technology (GRRR.US)$ +7.2% (announces the appointment of Daphne Huang as its Chief Financial Officer)
• $Veru Inc (VERU.US)$ +6% (UK's Medicines and Healthcare Products Regulatory Agency supports expedited review of marketing authorization application for sabizabulin treatment in hospitalized COVID-19 patients)
• $Babcock & Wilcox Enterprises (BW.US)$ +4.7% (awarded $12 million in contracts for 144-megawatts of utility-scale solar installation projects)
• $AstraZeneca (AZN.US)$ +1.3% (receives Priority Review from FDA for ENHERTU in HER2 low metastatic breast cancer; reports Ultomiris recommended for approval in the EU by CHMP for the treatment of adults with generalised myasthenia gravis; reports Tezspire recommended for approval in the EU by CHMP for the treatment of severe asthma)
Losers:
In reaction to earnings/guidance:
• $Squarespace (SQSP.US)$ -14.7%, $Royal Philips (PHG.US)$ -10.2%, $Newmont (NEM.US)$ -3.6%, $Dorman Products (DORM.US)$ -3.2%
Other news:
• $MasTec (MTZ.US)$ -11.7% (MasTec (MTZ) will acquire outstanding shares of IEA in a cash-and-stock transaction valued at $14.00 per IEA share)
• $Mister Car Wash (MCW.US)$ -4.7% (files mixed securities shelf offering; also files for common stock offering by selling shareholders)
• $Alvotech (ALVO.US)$ -4% (files for 15,306,122 share common stock offering by selling shareholders)
• $Ceragon (CRNT.US)$ -3.8% (sends letter to Aviat (AVNW) Board responding to Aviat's "misleading communications" )
• $Corsair Gaming (CRSR.US)$ -2.5% (files for $300 mln mixed securities shelf offering; also files for 54,179,559 share common stock offering by selling shareholders)
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