Stellantis falls following reports that a chip shortage could impact its output in Italy Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Cowen Group (COWN) up 14% after Bloomberg reported Toronto-Dominion Bank (TD) is considering a deal to acquire the company
- Alexco Resource (AXU) up 6% after Hecla Mining (HL) and the company announced a definitive agreement for Hecla to acquire all of the outstanding common shares of Alexco that Hecla does not already own
- Antero Resources (AR) up 1% after Truist analyst Neal Dingmann upgraded shares to Buy from Hold with a price target of $50, up from $42
LOWER -
- Stellantis (STLA) down 6% after Reuters reported a semiconductor supply shortage could cost Stellantis up to 220,000 vehicles this year in terms of lost output in Italy
- AstraZeneca (AZN) down 2% after announcing an agreement to acquire TeneoTwo
- HP Inc. (HPQ) down 2% after Evercore ISI analyst Amit Daryanani downgraded the stock to In Line from Outperform
- Tesla (TSLA) down 1% after announcing it delivered 254,695 vehicles in the second quarter
- Shopify (SHOP) down 1% after JMP Securities analyst Andrew Boone initiated coverage of the shares with a Market Perform rating
- Netflix (NFLX) down 1% after Piper Sandler analyst Thomas Champion lowered the firm's price target on the stock to $210 from $293
Symbols:
AXU COWN AR STLA AZN NFLX TSLA SHOP HPQ HL Keywords: Fly Intel, Wall Street, Top Stories, Stocks