| 2019-07-12 09:12:45|
SNAP, SFIX… 09:12 07/12 07/12/19
Fly Intel: Pre-market Movers
HIGHER: Milacron (MCRN), up 21% after announcing a definitive agreement to be acquired by Hillenbrand (HI) in a cash and stock transaction valued at approximately $2B, including net debt... Hookipa Pharma (HOOK), up 29% after FDA clearance of the IND application for a clinical trial of HB-201... Snap (SNAP), up 3% after Goldman Sachs analyst Heath Terry upgraded shares to Buy from Neutral and raised his price target for the shares to $18 from $13... Stitch Fix (SFIX), up 5% after Goldman's Terry upgraded the stock to Buy from Neutral with an unchanged price target of $38... MediciNova (MNOV), up 8% after announcing its plans for a Phase 3 clinical trial of MN-166 in progressive multiple sclerosis following feedback from the FDA. LOWER: CannTrust (CTST), down 11% after Eight Capital analyst Graeme Kreindler downgraded shares to Sell from Neutral and cut his price target for the shares to C$4 from C$6. The analyst downgraded the shares to Neutral on July 8... Emcore (EMKR), down 17% after cutting Q2 guidance... Illumina (ILMN), down 14% after cutting its FY19 outlook... PNM Resources (PNM), down 3% after cutting its Q2 and FY19 EPS view... Brookfield Infrastructure (BIP), down 3% after a 11.765M share spot secondary priced at $42.50 per share.