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Today's Pre-Market Stock Movers: WYNN, XPEV, DWAC, PCG and More

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Moomoo Breakfast US wrote a column · Sep 26, 2022 07:50
Gapping up
• $Melco Resorts and Entertainment (MLCO.US)$ +11.1% (China will allow Macau tour groups for first time in 3 years, according to Reuters)
• $Cohn Robbins (CRHC.US)$ +8% (Cohn Robbins Holdings Corp, and Allwyn agree not to proceed with business combination)
• $Las Vegas Sands (LVS.US)$ +6.7% (China will allow Macau tour groups for first time in 3 years, according to Reuters)
• $Chicken Soup for the Soul Entertainment (CSSE.US)$ +6.1% (positive article in Barron's)
• $Wynn Resorts (WYNN.US)$ +5.8% (China will allow Macau tour groups for first time in 3 years, according to Reuters)
• $PG&E Corp (PCG.US)$ +4.4% (to join S&P 500)
• $XPeng (XPEV.US)$ +4.2% (controlling shareholder purchased in the open market a total of 2,200,000 ADSs at an average price of US$13.58 per ADS)
• $Spire Global (SPIR.US)$ +2.8% (receives $4 mln NOAA Contract to deliver hyperspectral microwave sensing payload)
• $MGM Resorts International (MGM.US)$ +2.3% (China will allow Macau tour groups for first time in 3 years, according to Reuters)
• $Relmada Therapeutics (RLMD.US)$ +2.2% (Perceptive Advisors (Joseph Edelman) affirmed ~7% passive stake)
• $Playtika Holding (PLTK.US)$ +1.2% (extends expiration of previously announced tender offer to purchase up to 51,813,472 shares at a price of $11.58 per share until Oct 3)
• $Generac (GNRC.US)$ +1.1% (trading higher as Hurrican Fiona makes landfall)
Gapping down
Select Index ETFs showing early weakness:
• IWM-0.6%,SPY-0.5%,DIA-0.5%,QQQ-0.4%
Other news:
• $bluebird bio (BLUE.US)$ -3.2% (CFO Jason Cole to step down on Oct 14)
• $Digital World Acquisition Corp (DWAC.US)$ -3.2% (received termination notices from PIPE Investors representing approximately $138.5millionof the PIPE between September 19 2022andSeptember 23 2022)
• $BridgeBio Pharma (BBIO.US)$ -2.6% (Helsinnto terminate its license and collaboration agreement)
• $Li Auto (LI.US)$ -2.5% (lowers Q3 delivery guidance)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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