Today's Pre-Market Stock Movers: RIVN, EDU, TLRY, F and More

Movers and Shakers wrote a column · Oct 10, 2022 20:55

Gapping up

News:

• $PyroGenesis Canada (PYR.US)$ +5.9% (announces that the negotiation for the land-based system to destroy PFAS contract has been suspended and discontinued)

• $Immatics (IMTX.US)$ +3.1% (announces a clinical data update for the IMA203)

• $iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX.US)$ +1.6% (rising with softness in futures)

• $Nevro (NVRO.US)$ +1.4% (comments on $UnitedHealth (UNH.US)$ medical coverage policy update)

Analyst comments:

• $Fortinet (FTNT.US)$ +3.3% (upgraded to Overweight from Equal-Weight at Morgan Stanley)

• $TELUS International (TIXT.US)$ +1.2% (upgraded to Neutral from Underperform at BofA Securities)

Gapping down

In reaction to earnings/guidance:

• $National Grid (NGG.US)$ -1% (guidance update)

Other news:

• $Rivian Automotive (RIVN.US)$ -8.2% (aiming to recall nearly all of its vehiclesdueto a steering issue)

• $New Oriental (EDU.US)$ -5.4% (Provides Update on Status under Holding Foreign Companies Accountable Act)

• $Heron Therapeutics (HRTX.US)$ -3.3% (files for 24,677,419 share common stock offering by selling shareholders)

• $Tilray Brands (TLRY.US)$ -1.9% (files mixed securities shelf offering)

• $Azul SA (AZUL.US)$ -1.9%(announces preliminary traffic results for September)

Analyst comments:

• $Ford Motor (F.US)$ -3.9% (downgraded to Sell from Neutral at UBS)

• $General Motors (GM.US)$ -3.2% (downgraded to Neutral from Buy at UBS)

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