Today's Pre-Market Stock Movers: TTWO, AZO, BLUE, PRPL and More
Gapping up
In reaction to earnings/guidance:
• $AutoZone (AZO.US)$ +2.7%, $Jacobs Engineering (J.US)$ +0.9% (reaffirms Q4 EPS and adjusted EBITDA guidance)
Other news:
• $Purple Innovation (PRPL.US)$ +32.6% (confirms it received an unsolicited, non-binding proposal from Coliseum Capital Management to acquire all of the outstanding capital stock of Purple for $4.35 per share)
• $KnowBe4 (KNBE.US)$ +24.9% (received a non-binding proposal from Vista Equity Partners Management to acquire all of the outstanding shares at $24/share)
• $Take-Two Interactive Software (TTWO.US)$ -5.8% (Bloomberg reported that a hacker released gameplay from its upcoming Grand Theft Auto IV game online)
• $Wix.com (WIX.US)$ +5.3% (Starboard Value building an approximately 9% stake in the company, according to Reuters)
• $Allakos (ALLK.US)$ +3.7% (priced an underwritten offering of 29,882,000 shares of its common stock at an offering price of $5.02/share)
• $GrafTech (EAF.US)$ +1.3% (Mexico govt has issued a temporary suspension notice for its Monterrey facility)
Analyst comments:
Gapping down
Select index ETFs showing early weakness:
Other news:
• $Applied Digital (APLD.US)$ -7% (files for 48,287,076 share common stock offering by selling shareholders)
• $TMC the metals (TMC.US)$ -6.4% (files for $100 mln mixed securities shelf offering; also files for 38,266,180 share common stock offering by selling shareholders)
• $Alignment Healthcare (ALHC.US)$ -2.6% (prices offering of 9.0 mln shares of common stock at $14.75 per share)
• $Credit Suisse (CS.US)$ -2.3% (report co is considering rebranding as First Boston, according to BNN Bloomberg)
• $Zealand Pharma (ZEAL.US)$ -1.6% (Presents Data from Phase 3 Trial of Dasiglucagon in Congenital Hyperinsulinism at the 60th Annual ESPE Meeting)
Analyst comments:
• $Adobe (ADBE.US)$ -1.4% (downgraded to Equal Weight from Overweight at Wells Fargo; downgraded to Hold from Buy at Edward Jones)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
Read more
Comment
Sign in to post a comment
oachkatzl : TTTWO... IV = 4, VI = 6
Moomoo Breakfast US OP oachkatzl : Trade safe!
Alexwu5 :
Nathalie Cobo oachkatzl : ttwo