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Today's pre-market stock movers: WMT, AMZN, KO, BABA and more

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Moomoo Breakfast US wrote a column · Jul 26, 2022 07:44
Gainers:
In reaction to earnings/guidance:
Other news:
$Shell Midstream (SHLX.US)$ +10% (Shell USA to acquire all units in SHLX held by public at $15.85/unit total value $1.96 bln)
$BridgeBio Pharma (BBIO.US)$ +6.9% (BridgeBio Pharma Announces Positive Interim Results from a Phase 2 Trial of Infigratinib in Achondroplasia Demonstrating an Increase in Annualized Height Velocity of 1.52 cm/year in Children 5 Years of Age and Older and Adds 5th Cohort to Trial)
$GE Aerospace (GE.US)$ +4.3% (surprised Wall Street with higher quarterly profit and positive cash flow as recovery in the aviation industry drove up its jet engine business)
$Alibaba (BABA.US)$ +3.8% (pursues primary listing on the Hong Kong Stock Exchange)
$MyMD Pharmaceuticals (MYMD.US)$ +3.8% (further advancement of its fully funded Phase 2 clinical trial of lead drug candidate MYMD-1 as a therapy for delaying aging and expanding healthy lifespan)
$Ionis Pharmaceuticals (IONS.US)$ +2.3% (FDA accepts NDA and grants Priority Review of tofersen for rare form of ALS)
$Seagen (SGEN.US)$ +2% (Seagen and Astellas Announce Positive Topline Results For PADCEV (enfortumab vedotin-ejfv) with KEYTRUDA (pembrolizumab) as First-Li ne Treatment for Advanced Urothelial Cancer)
$iRhythm Technologies (IRTC.US)$ +1.3% (names new CFO)
$Coca-Cola (KO.US)$ +1.0% (pours up earnings beat, raises full year outlook)
Losers:
In reaction to earnings/guidance:
Other news:
$Vinco Ventures (BBIG.US)$ -17.5% (Vinco Ventures Thwarts What it Believes was a Hostile Takeover Attempt by the Farnsworth Group)
$Walmart (WMT.US)$ -9.6% (Cuts profit outlook as higher food and fuel prices are denting consumer spending, requiring more markdowns on apparel, other inventory)
$UBS Group (UBS.US)$ -7.6% (Posted net profit attributable to shareholders of $2.108 billion, below analyst expectations aggregated by the Swiss bank)
$Kohl's Corp (KSS.US)$ -5.4% (In sympathy with WMT lowering guidance)
$Waldencast (WALD.US)$ -5.4% (Waldencast Acquisition Corp, shareholders approve business combination with Obagi Skincare and Milk Makeup)
$Target (TGT.US)$ -5.2% (In sympathy with WMT lowering guidance)
$Legend Biotech (LEGN.US)$ -5% (stock offering)
$TJX Companies (TJX.US)$ -4.9% (In sympathy with WMT lowering guidance)
$Macy's (M.US)$ -4.7% (In sympathy with WMT lowering guidance)
$Dollar General (DG.US)$ -4.3% (In sympathy with WMT lowering guidance)
$Amazon (AMZN.US)$ -3.9% (In sympathy with WMT lowering guidance)
$Dollar Tree (DLTR.US)$ -3.8% (In sympathy with WMT lowering guidance)
$Humacyte (HUMA.US)$ -2.6% (Humacyte Preclinical Data on Small-Diameter Human Acellular Vessel in Coronary Artery Bypass Grafting Presented at American Heart Association Meeting)
$Verve Therapeutics (VERV.US)$ -2.5% (closes upsized 9.58 mln offering)
$General Motors (GM.US)$ -1.9% (reported second-quarter earnings that missed Wall Street's estimates, after supply chain issues led it to ship fewer vehicles than expected)
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