Genworth climbs after NYDFS reapproval of its insurance company's acquisition by China Oceanwide Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Genworth (GNW) up 21% after
announcing that the New York State Department of Financial Services has reapproved the proposed acquisition of control by Oceanwide of Genworth's New York-domiciled insurance company, Genworth Life Insurance Company of New York
- Virgin Galactic (SPCE) up 16% after Morgan Stanley analyst Adam Jonas upgraded shares to Overweight from Equal Weight following the greater than 70% pullback in the the stock over the past month
- Novavax (NVAX) up 37% after announcing its pivotal Phase 3 clinical trial of NanoFlu met its primary endpoints
- CytomX Therapeutics (CTMX) up 40% after Wedbush analyst Robert Driscoll upgraded the stock to Outperform from Neutral with a price target of $10, up from $8
- Boeing (BA) up 11% after BofA analyst Ronald Epstein noted that he thinks the company's temporary suspension of production at its facilities in the Puget Sound area of Washington may reinforce the company's case for government support
UP AFTER EARNINGS -
- IHS Markit (INFO) up 4%
- Qiwi (QIWI) up 6%
DOWN AFTER EARNINGS -
- Cheetah Mobile (CMCM) down 4%
LOWER -
- CEL-SCI (CVM) down 6% after entering into an underwriting agreement with Aegis Capital Corp. under which the underwriter has agreed to purchase on a firm commitment basis a minimum of 500,000 shares of common stock at a price of $12.22 per share
- Milestone Pharmaceuticals (MIST) down 73% after the company's Phase 3 trial of etripamil failed to meet the primary endpoint relative to placebo
- Invesco Mortgage (IVR) down 32% after announcing delayed dividend payment and disclosing that the company did not expect to be in a position to fund the anticipated volume of future margin calls under its financing arrangements
- Baudax Bio (BXRX) down 27% after
the company filed to sell common stock and warrants
Symbols:
GNW SPCE - $12.90 /
+1.665 (+14.82%)
NVAX CTMX BA - $105.71 /
+10.71 (+11.27%)
INFO QIWI CMCM CVM MISTMilestone Pharmaceuticals
IVR BXRX Keywords: Fly Intel, Wall Street, Top Stories, Stocks