Gap jumps after partnership deal with Kanye West, Nike slips after earnings Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Gap (GPS) up 16% after rapper and designer Kanye West has partnered with the company on a new line of apparel for men, women and children called Yeezy Gap
- Big Lots (BIG) up 14% after issuing Q2 EPS guidance exceeding consensus
- Zogenix (ZGNX) up 16% after announcing that the FDA has approved Fintepla for the treatment of seizures associated with Dravet syndrome in patients two years of age and older
- Axsome Therapeutics (AXSM) up 8% after reporting that the FDA has granted breakthrough therapy designation for AXS-05 for the treatment of Alzheimer's disease agitation.
- Ekso Bionics (EKSO) up 34% after H.C. Wainwright analyst Swayampakula Ramakanth raised the firm's price target on the stock to $12 from $8 and reiterated a Buy rating on the shares after the company received 501(k) clearance from the FDA to market its lead product, EksoNR robotic exoskeleton, for the treatment of patients with acquired brain injuries
- Vaxart (VXRT) up 79% after announcing that its oral COVID-19 vaccine has been selected to participate in a non-human primate challenge study, organized and funded by Operation Warp Speed, a new national program aiming to provide substantial quantities of safe, effective vaccine for Americans by January 2021
DOWN AFTER EARNINGS -
- Nike (NKE) down 3%
- Apogee Enterprises (APOG) down 6%
ALSO LOWER -
- DBV Technologies (DBVT) down 14% after initiating a a global restructuring plan, which is expected to include a significant reduction in workforce, and citing the possibility of a delay in timelines for the Viaskin Peanut BLA review
- Soliton (SOLY) down 24% after filing to sell common stock, no amount given
- Ideanomics (IDEX) down 15% after J Capital Research
issued a short report yesterday that prompted rebuttals from the company this morning
Symbols:
GPS ZGNX AXSM EKSO VXRT BIG NKE APOG DBVT SOLY IDEX Keywords: Fly Intel, Wall Street, Top Stories, Stocks