Boeing (BA) jumps after report that the company intends to restart 737 MAX production by May Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Boeing (BA) up 17% after Eric Johnson of Reuters reported the company plans to restart the output of 737 MAX aircraft by May
- CytoSorbents (CTSO) up 42% after announcing CytoSorb has now been used in more than 70 COVID-19 patients to help treat cytokine storm and life-threatening complications in Italy, China, Germany and France
- T2 Biosystems (TTOO) up 127% after entering into a worldwide licensing agreement for a rapid, novel coronavirus test developed by the Center of Discovery and Innovation at Hackensack Meridian Health
- Goldman Sachs BDC (GSBD) up 4% after
Wells Fargo analyst Finian O'Shea upgraded shares to Overweight from Equal Weight, saying both valuation and the leverage profile of the company are attractive
UP AFTER EARNINGS -
DOWN AFTER EARNINGS -
- At Home Group (HOME) down 17%
- Synnex (SNX) down 1%
LOWER -
- Abiomed (ABMD) down 2% after disclosing a number of steps to respond to the COVID-19 outbreak including pausing the FDA STEMI-DTU randomized controlled trial
- CenturyLink (CTL) down 8% after Citi analyst Michael Rollins downgraded the stock to Sell from Neutral with a price target of $6, down from $13
- Kontoor Brands (KTB) down 7% after Goldman Sachs analyst Alexandra Walvis downgraded shares to Sell from Neutral with a price target of $17, down from $32.50
- Whiting Petroleum (WLL) down 4% after JPMorgan analyst Michael Glick downgraded the stock to Underweight from Neutral
Symbols:
BA - $127.50 /
+21.79 (+20.61%)
CTSO TTOO GSBD NKE HOME SNX ABMD - $143.65 /
+11.03 (+8.32%)
CTL KTB WLL Keywords: Fly Intel, Wall Street, Top Stories, Stocks