| 2019-02-12 09:05:00|
GILD, ELLI… 09:05 02/12 02/12/19
Fly Intel: Pre-market Movers
HIGHER: Ellie Mae (ELLI), up 21.5% after announcing a definitive agreement to be acquired by Thoma Bravo in an all-cash transaction valued at an aggregate equity value of approximately $3.7B, or $99 per share... Coty (COTY), up 17% after JAB announced that an affiliate will commence a tender offer pursuant to which JAB Cosmetics B.V. would acquire up to 150M additional shares of Coty Class A common stock at a price of $11.65 per share in cash... DHT Holdings (DHT), up 3% after being upgraded to Buy from Hold at DNB Markets. UP AFTER EARNINGS: Radiant Logistics (RLGT), up 9%... WEC Energy (WEC), up 2%. DOWN AFTER EARNINGS: Under Armour (UAA), down 2.5%... Varonis (VRNS), down 24%... Shopify (SHOP), down 6%... Molson Coors (TAP), down 7%... US Foods (USFD), down 5%. ALSO LOWER: Gilead (GILD), down 3% after the STELLAR4 trial in nonalcoholic steatohepatitis failed to meet its primary endpoint... Take Two (TTWO), down 3% after BMO Capital analyst Gerrick Johnson downgraded the stock to Underperform from Market Perform and cut his price target to $80 from $119. The analyst said that after a 2-year "hype machine" blast for its Red Dead Redemption 2 title and its "strong" premier, the buzz around the game has "dissipated markedly."
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