Exxon Mobil (XOM) climbs after cutting 2020 capital spending and cash operating expenses
Check out this morning's top movers from around Wall Street, compiled by The Fly.
Exxon Mobil (XOM) up 6% after reducing its 2020 capital spending plans by 30% and lowering cash operating expenses by 15% in response to low commodity prices resulting from oversupply and demand weakness from the COVID-19 pandemic
Macy's (M) up 12% after announcing that Paula Price, executive vice president and CFO, has made the decision to leave the company
Wayfair (W) up 3% after BofA analyst Justin Post upgraded shares to Buy from Neutral with a price target of $103, up from $89, following its Q1 revenue growth outlook.
Hologic (HOLX) up 5% after reporting preliminary Q2 revenue
NGM Biopharmaceuticals (NGM) up 26% after Raymond James analyst Steven Seedhouse initiated coverage of the shares with a Strong Buy rating and $31 price target
UP AFTER EARNINGS -
Greenbrier (GBX) up 4%
AngioDynamics (ANGO) up 7%
DOWN AFTER EARNINGS -
Lindsay (LNN) down 2%
SeaChange (SEAC) down 18%
Keywords: Fly Intel, Wall Street, Top Stories, Stocks