On the fly News and insights, exclusive to thefly.com

MAT

Mattel

$10.80

-0.25 (-2.26%)

, TSLA

Tesla

$217.08

4.18 (1.96%)

09:02
06/12/19
06/12
09:02
06/12/19
09:02

Fly Intel: Pre-market Movers

HIGHER: Mattel (MAT), up 6% after LA Times reported the company rejected another unsolicited offer by MGA Entertainment... Tesla (TSLA), up 3% after its annual shareholder meeting... CymaBay (CBAY), up 8% after Raymond James analyst Steven Seedhouse upgraded the stock to Strong Buy from Outperform citing the upside potential he sees following yesterday's pullback in the stock... MagnaChip (MX), up 22% after after raising Q2 revenue guidance... Synlogic (SYBX), up 22% after announcing a platform collaboration to accelerate expansion and development of its pipeline of synthetic biotic medicines using Ginkgo's Bioworks cell programming platform. DOWN AFTER EARNINGS: Dave & Buster's (PLAY), down 17%. ALSO LOWER: Trade Desk (TTD), down 5% after Nomura Instinet analyst Mark Kelley downgraded shares to Reduce from Neutral with an unchanged price target of $144. The company's underlying business fundamentals, "while relatively solid, are out of sync with near- to medium-term investor expectations and the story being told," Kelley tells investors... Medidata (MDSO), down 4% after announcing the signing of a definitive agreement for Dassault (DASTY) to acquire the company in an all-cash transaction at a price of $ 92.25 per share, representing an enterprise value of $5.8B... Lam Research (LRCX), down 3% after Evercore ISI analyst C.J. Muse downgraded the stock to In Line from Outperform and lowered his price target for the shares to $195 from $225. An estimate reset in the second half of 2019, combined with a pushout of a memory recovery to the second half of 2020 from the first half, creates headwinds that will make it difficult for the shares to move higher over the near-term, Muse said.

MAT

Mattel

$10.80

-0.25 (-2.26%)

TSLA

Tesla

$217.08

4.18 (1.96%)

CBAY

CymaBay

$6.05

-5.035 (-45.44%)

SYBX

Synlogic

$6.27

-0.06 (-0.95%)

MX

MagnaChip

$8.84

0.06 (0.68%)

PLAY

Dave & Buster's

$51.55

0.98 (1.94%)

TTD

Trade Desk

$249.29

-0.71 (-0.28%)

MDSO

Medidata

$94.75

3.97 (4.37%)

LRCX

Lam Research

$189.90

-0.18 (-0.09%)

  • 12

    Jun

  • 12

    Jun

  • 12

    Jun

  • 13

    Jun

  • 23

    Jun

  • 30

    Jul

03/08/13
Wedge Partners
03/08/13
Credit Suisse
03/06/13
Citigroup
03/06/13
Barclays

See Street Research during your Free Trial

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.