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Today's Pre-Market Stock Movers: LCID, H, GRAB, OCUL and More

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Moomoo Breakfast US wrote a column · Sep 27, 2022 20:42
Gapping up
In reaction to earnings/guidance:
$United Natural Foods (UNFI.US)$ +2.8%, $Grab Holdings (GRAB.US)$ +1.8% (guidance update), $Splunk (SPLK.US)$ +0.9% (reaffirms guidance; also CFO to depart co)
Select ETFs showing strength:
IWM+1.5%,QQQ+1.4%,SPY+1.3%,DIA+1%
Other news:
$Ocular Therapeutix (OCUL.US)$ +11.4% (reports interim 7-month data from U.S. Phase 1 Clinical Trial of OTX-TKI for the Treatment of Wet AMD)
$Symbotic (SYM.US)$ +8.4% (UNFI to roll out SYM's robotics automation at five distribution centers)
$Tritium DCFC (DCFC.US)$ +8.2% (fast chargers are available for purchase by government entities through the U.S. General Services Administration's (GSA) five-year Blanket Purchase Agreement (BPA) dedicated to EV-related equipment)
$Nautilus (NLS.US)$ +7.2% (announces strategic review)
$United Natural Foods (UNFI.US)$ +4% (UNFI to roll out SYM's robotics automation at five distribution centers)
$VAALCO Energy (EGY.US)$ +3.6% (Successful Drilling of North Tchibala 2H-ST Well and Provides Operational Update)
$Scorpio Tankers (STNG.US)$ +3% (announces repurchase of 222396 shares in the open market)
$Shoe Carnival (SCVL.US)$ +2.7% (CFO to retire)
$Rio Tinto (RIO.US)$ +2.3% (to begin underground mining at Kennecott copper operations)
Analyst comments:
$Hyatt Hotels (H.US)$ +4% (upgraded to Outperform from In-line at Evercore ISI)
$Lucid Group (LCID.US)$ +3.2% (initiated with an Overweight at Cantor Fitzgerald)
Gapping down
News:
$Avidity Biosciences (RNA.US)$ -20.1% (announces FDA partial clinical hold on new participant enrollment in the Phase 1/2 MARINA clinical trial of AOC 1001)
$Science Applications International (SAIC.US)$ -0.9% (awarded $757 mln firm-fixed-price U.S. Army contract)
Analyst comments:
$CS Disco (LAW.US)$ -1.3% (downgraded to Hold from Buy at Loop Capital)
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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