| 2019-08-14 09:04:20|
M, REAL… 09:04 08/14 08/14/19
Fly Intel: Pre-market Movers
UP AFTER EARNINGS: Purple (PRPL), up 19%... RealReal (REAL), up 10%. ALSO HIGHER: Presidio (PSDO), up 21% after entering into a definitive agreement to be acquired by funds advised by BC Partners in an all-cash transaction valued at approximately $2.1B, including Presidio's net debt.... Endeavor Silver (EXK), up 3% after reporting results from its ongoing exploration program on the Parral project in Chihuahua, Mexico. DOWN AFTER EARNINGS: Macy's (M), down 16%... Canada Goose (GOOS), down 3%... Luckin Coffee (LK), down 8%... Myriad genetics (MYGN), down 33%... Tilray (TLRY), down 12%. ALSO LOWER: Acorda Therapeutics (ACOR), down 4% after H.C. Wainwright analyst Raghuram Selvaraju downgraded the stock to Neutral from Buy and lowered his price target for the shares to $6 from $31. The "anemic" sales trajectory for Inbrija is concerning, particularly in light of the $323.8M in convertible notes maturing June 15, 2021, Selvaraju tells investors.
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