Today's Pre-Market Stock Movers: PANW, NDSN, ZM, M and More
Gapping up
In reaction to earnings/guidance:
• $Palo Alto Networks (PANW.US)$ +9.4% (also declares 3-for-l stock split, increases share repurchase auth to $1 bln), $Nordson (NDSN.US)$ +4.7%, $JD.com (JD.US)$ +4.1%, $KE Holdings (BEKE.US)$ +3.9%, $Dole plc (DOLE.US)$ +2.9%, $GDS Holdings (GDS.US)$ +2.3%, M +2.1%, $JM Smucker (SJM.US)$ +1.8%, $Medtronic (MDT.US)$ +1.2%
Other news:
• $Cano Health (CANO.US)$ +4.9% (Owl Creek Asset Management Delivers Letter to Cano Health Board of Directors)
Analyst comments:
$Denny's (DENN.US)$ +3.5% (upgraded to Outperform from Neutral at Wedbush)
Gapping down
In reaction to earnings/guidance:
• $Zoom Video Communications (ZM.US)$ -11.2%, $DLocal (DLO.US)$ -9.1%, $Baozun (BZUN.US)$ -2.3%, $Nutex Health (NUTX.US)$ -0.6%.
Other news:
• $Foghorn Therapeutics (FHTX.US)$ -18.3% (FDA placed a full clinicalhold onthe Phase 1 dose escalation study of FHD-286)
$GigaCloud Technology (GCT.US)$ -17.05% (Nasdaq IPO on Aug. 18)
• $Lexicon Pharmaceuticals (LXRX.US)$ -1% (highlights publications relating to Sotagliflozin's Differentiated Dual SGLT1 and SGLT2 Mechanism)
Analyst comments:
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