YRC Worldwide skyrockets after receiving $700M loan from CARES Act Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Pfizer (PFE) up 6% after announcing early "positive" data from an ongoing Phase 1/2 study of mRNA-based vaccine candidate against SARS-CoV-2
. Shares of partner BioNTech (BNTX) also jumped over 7% and were halted for volatility
- YRC Worldwide (YRCW) up 97% after announcing that that the Department of the Treasury intends to provide a $700M loan to the company under authorization provided by the CARES Act
- T2 Biosystems (TTOO) up 63% after announcing the U.S. launch of the T2SARS-CoV-2 panel, the new molecular diagnostic test for the detection of SARS-CoV-2
- MYOS
(MYOS) up 164% after
the company and MedAvail announced that they have entered into a definitive agreement and plan of merger and reorganization in which a wholly-owned subsidiary of MYOS will merge with and into MedAvail, with MedAvail being the surviving corporation and a wholly-owned subsidiary of MYOS
- Axogen (AXGN) up 8% after providing Q2 revenue guidance above consensus
UP AFTER EARNINGS -
- Constellation Brands (STZ) up 2%
- FedEx (FDX) up 11%
DOWN AFTER EARNINGS -
ALSO LOWER -
- General Motors (GM) down 1% after Ohio Attorney General Dave Yost stated in a brief to the Ohio Tax Credit Authority that General Motors "should have to pay back every last penny" of the $60M the company took in state tax credits after breaking its promise to the state by closing its Lordstown facility that was intended to stay open into 2028
- CNH industrial (CNHI) down 3% after Deutsche Bank analyst Nicole DeBlase resumed coverage of shares with a Hold rating and $7 price target
- iHeartMedia (IHRT) down 4% after BofA analyst Jessica Ehrlich downgraded the stock to Neutral from Buy with a $10 price target
- Denny's (DENN) down 10% after 8M share Spot Secondary priced at $9.15
Symbols:
PFE BNTX YRCW TTOO MYOS AXGN STZ FDX GM CNHI IHRT DENN SCS Keywords: Fly Intel, Wall Street, Top Stories, Stocks