Today's Pre-Market Stock Movers: BABA, GPS, ULTA, AFRM and More

Moomoo Breakfast US wrote a column · Aug 26, 2022 21:11

Gapping up

In reaction to earnings/guidance:

Other news:

• $Micro Focus International (MFGP.US)$ +94.6% (OTEX to acquire MFGP)

• $89bio (ETNB.US)$ +7.4% (resultsfromEntrigue phase 2 trial of pegozafermin)

• $PDD Holdings (PDD.US)$+7%, $Bilibili (BILI.US)$+5.5%, $Alibaba (BABA.US)$+5.37%, $Alibaba (BABA.US)$ +5.45% (US and China Reach Preliminary Agreement on Audit Inspections.)

• $Bed Bath & Beyond Inc (BBBY.US)$ +2.7% (confirms it will hold strategic update call on Aug 31)

Gapping down

In reaction to earnings/guidance:

Other news:

• $Danimer Scientific (DNMR.US)$ -10.4% (files for $100 mln mixed securities shelf offering)

• $Open Text (OTEX.US)$ -8.5% (OTEX to acquireMFGP)

• $Travere Therapeutic (TVTX.US)$ -5% (to present abstracts at upcoming conference)

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