2018-12-12 09:11:30 | Fly Intel: Pre-market MoversHIGHER: Hain Celestial (HAIN), up 5% after announcing its board formed a special committee to consider strategic alternatives... United Rentals (URI), up 5% after providing FY18 and FY19 guidance at its investor day... DBV Technologies (DBVT), up 7% after its presentation of an oral abstract at the Skin Disease Summit.... Foamix (FOMX), up 12% after BofA Merrill Lynch analyst Jason Gerberry initiated the stock with a Buy and $11 price target citing de-risked dermatology assets. Gerberry said Foamix offers two late-stage drugs with efficacy that are competitive to existing therapies but offer a topical alternative to widely used oral minocycline, with less safety baggage as a systemically absorbed drug. UP AFTER EARNINGS: Pivotal Software (PVTL), up 1%. DOWN AFTER EARNINGS: Dave & Buster's (PLAY), down 13%. ALSO LOWER: Synergy Pharmaceuticals (SGYP), down 47% after the company announced an agreement with Bausch Health Companies (BHC), through which Bausch Health would acquire substantially all of Synergy's assets through Chapter 11 for $200M... eBay (EBAY), down 1% after Morgan Stanley analyst Brian Nowak downgraded eBay to Equal Weight from Overweight, stating that he had been wrong in his prior view about how quickly core marketplaces would deteriorate... Fluidigm (FLDM), down 5% after its 8.15M share secondary priced at $6.75 per share... Neurocrine Biosciences (NBIX), down 20% after its Phase IIb T-Force GOLD study for valbenazine in pediatric Tourette Syndrome did not meet its primary endpoint. | |
---|