2019-02-22 09:09:17 | Fly Intel: Pre-market MoversHIGHER: Newmont Mining (NEM), up 2% after Bloomberg reports Barrick Gold (GOLD) has studied a bid for the company as it looks for ways to boost production... Achieve Life Sciences (ACHV), up 62% after announcing final data from their Phase I/II multi-dose, pharmacokinetic and pharmacodynamics clinical study of cytisinicline in smokers... Intel (INTC), up 3% after Morgan Stanley analyst Joseph Moore upgraded shares to Overweight from Equal Weight, citing his belief that shares "can rerate higher" given that the company has put "a more financially oriented CEO" in charge with the appointment of Robert Swan. UP AFTER EARNINGS: Wayfair (W), up 16%... Trade Desk (TTD), up 18%. DOWN AFTER EARNINGS: Kraft Heinz (KHC), down 25%... Stamps.com (STMP), down 52%... AutoNation (AN), down 4%. ALSO LOWER: Fitbit (FIT), down 1% after Wedbush analyst Michael Pachter downgraded the stock to Neutral from Outperform, as shares have reached his $6.50 price target with no new available information on the MedTech opportunity... Lam Research (LRCX), down 2% after Morgan Stanley analyst Joseph Moore downgraded shares to Equal Weight from Overweight, stating that if he is right in his view that memory margins will continue to fade through the second half of this year than wafer fab equipment spending may continue to weaken into 2020. | |
---|