2016-08-29 09:09:27 | On The Fly: Pre-market MoversHIGHER: Herbalife (HLF), up 2% after Carl Icahn announced after Friday's market close the purchase of another 2.3M shares of the company's shares, adding that he continues to believe in the company and that he never ordered a sale of his holdings, contrary to statements by Bill Ackman earlier in the day... Mylan (MYL), up 1.8% after announcing that its U.S. subsidiary will launch the first generic to EpiPen Auto-Injector at a list price of $300 per generic EpiPen two-pack carton, which the company said represents a discount of more than 50% to the Mylan list price of the branded medicine... Tonix Pharmaceuticals (TNXP), up 12% after announcing that the FDA accepted it's proposed Phase 3 studies and the planned New Drug Application, or NDA, data package to support the registration of TNX-102 SL for the treatment of PTSD... CTI BioPharma (CTIC), up 28% after reporting that its Phase 3 trial in a high-risk patient population suffering from myelofibrosis met one co-primary endpoint. LOWER: Harley-Davidson (HOG), down 3% after the stock was downgraded to Underperform from Neutral at Longbow... Kratos Defense (KTOS), down 4.8% after the stock was downgraded to Sector Weight from Overweight at KeyBanc... Adamis Pharmaceuticals (ADMP), down 7% after Mylan announced that its U.S. subsidiary will launch the first generic to EpiPen Auto-Injector... Caesars Entertainment (CZR), down 32% after a judge ruled that the company has to face bondholder lawsuits that may force the parent company to make good on debt owed by its bankrupt operating unit. | |
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