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.
HIGHER -
- 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%
Symbols:
XOM M W - $71.53 /
+20.86 (+41.17%)
HOLX NGM GBX ANGO LNN - $93.92 /
+10.01 (+11.93%)
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