Starbucks (SBUX), ON Semiconductor (ON) noted impact to guidance from novel coronavirus Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Tegna (TGNA) up 27% after Reuters reported that Gray Television (GTN) has made an offer to acquire the company for $20 per share, or about $8.5B in cash and stock
- Cincinnati Bell (CBB) up 3% after receiving a "superior proposal" that states MIRA would acquire all outstanding shares of common stock of the company for $15.50 per share in cash
- Despegar.com (DESP) up 7% after Citi analyst Jason Bazinet initiated coverage with a Buy rating and $15 price target
- AMD (AMD) up 1% after analysts at Craig-Hallum and Atlantic Equities upgraded the shares following the company's analyst day
UP AFTER EARNINGS -
- Montage Resources (MR) up 5%
DOWN AFTER EARNINGS -
- American Outdoor Brands (AOBC) down 26%
- H&R Block (HRB) down 5%
LOWER -
- ON Semiconductor (ON) down 2% after slashing its Q1 revenue view, citing the potential impact of change in business conditions due to the novel coronavirus
- Starbucks (SBUX) down 3% after announcing the company expects a 15c-18c adverse impact to Q2 EPS from coronavirus
- Evoqua Water (AQUA) down 9% after 13M share secondary priced at $19.50
Symbols:
TGNA CBB DESP AMD MR AOBC HRB ON SBUX AQUA Keywords: Fly Intel, Wall Street, Top Stories, Stocks