Arcus Biosciences falls after establishing 10-year partnership with Gilead that includes $200M investment Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Boeing (BA) up 2% after the Wall Street Journal reported the company is expected to announce about 2,500 voluntary layoffs this week in the first phase of broader cuts caused by the decline in global air travel
- Disney (DIS) up 2% after announcing that Walt Disney World Resort executives will submit a proposal to the Orange County Economic Recovery Task Force in Florida for a phased reopening of the resort's theme parks
- Tractor Supply (TSCO) up 4% after issuing Q2 guidance above consensus
UP AFTER EARNINGS -
- Genesis Healthcare (GEN) up 10%
- StoneCo (STNE) up 24%
LOWER -
- Arcus Biosciences (RCUS) down 14% after announcing a 10-year partnership to co-develop and co-commercialize current and future therapeutic product candidates
with Gilead which will receive the right to opt-in to all other programs that emerge from Arcus' research portfolio over the next 10 years
- TransMedics (TMDX) down 7% after 5M share secondary offering priced at $14.00
- Silicon Labs (SLAB) down 2% after filing to sell $500M of Convertible Senior Notes due 2025
- Ironwood Pharmaceuticals (IRWD) down 11% after announcing a Phase II trial evaluating MD-7246 in adult patients with abdominal pain associated with irritable bowel syndrome with diarrhea did not meet its primary or key secondary endpoints
- Repay Holdings (RPAY) down 6% after announcing offering of 8M shares of Class A common stock
Symbols:
GILD BA DIS TSCO GEN STNE RCUS TMDX SLAB RPAY IRWD Keywords: Fly Intel, Wall Street, Top Stories, Stocks