PG&E (PCG) advances on news of bankruptcy court approval to use up to $23B in financing Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- PG&E (PCG) up 8% after
Mark Chediak and Jeremy Hill
of Bloomberg reported the company has received bankruptcy court approval to use up to $23B in financing
-
Regeneron (REGN) up 9% after announcing the latest progress in its efforts to discover and develop a novel multi-antibody cocktail that can be administered as prophylaxis before exposure to the SARS-CoV-2 virus or as treatment for those already infected
UP AFTER EARNINGS -
- Designer Brands (DBI) up 1%
- TerraForm Power (TERP) up 6%
-
Lam Research (LRCX) up 1%
-
Baxter (BAX) up 4%
-
L Brands (LB) up 2%
DOWN AFTER EARNINGS -
- Michaels (MIK) down 6%
- Bloom Energy (BE) down 15%
- McEwen Mining (MUX) down 9%
LOWER -
- Cinemark (CNK) down 1% after JPMorgan analyst Alexia Quadrani downgraded shares to Neutral from Overweight with a price target of $20, down from $32
-
Chesapeake (CHK) down 10% after Mike Spector of Reuters reported the company has hired restructuring advisers amid a decline in energy prices
Symbols:
PCG REGN - $441.55 /
-22.24 (-4.80%)
DBI TERP LRCX - $213.13 /
-48.29 (-18.47%)
BAX LB - $11.63 /
-4.505 (-27.92%)
MIK BE MUX - $0.71 /
+0.0875 (+14.11%)
CNK CHK - $0.20 /
+0.0494 (+32.72%)
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