Bed Bath & Beyond soars after Q2 earnings beat Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- American Equity (AEL) up 56% after The Wall Street Journal reported Athene Holding (ATH) and MassMutual made a $36 per share bid for the company last month
- Mountain Crest
(MCAC) up 5% after Playboy Enterprises (PLBY) and the company announced the signing of a definitive merger agreement to return Playboy to the public markets and the signing of definitive purchase agreements with institutional and accredited investors for the purchase of $50M of common stock at $10 per share
- Callon Petroleum (CPE) up 20% after entering into an overriding royalty interest transaction with a private investment vehicle managed by Kimmeridge Energy that generated gross cash proceeds of $140M dollars as Callon issued $300M of principal value second lien secured notes to Kimmeridge
- SailPoint (SAIL) up 10% after Morgan Stanley analyst Hamza Fodderwala upgraded shares to Overweight from Equal Weight with a price target of $50, up from $23
- Beam Therapeutics (BEAM) up 1.5% after its 5M share secondary stock offering priced at $23.50 per share
UP AFTER EARNINGS -
- Bed Bath & Beyond (BBBY) up 21%
LOWER -
- Zosano Pharma (ZSAN) down 52% after receiving a discipline review letter from the FDA in connection with the Qtrypta new drug application concerning the clinical pharmacology section
- Selecta Biosciences (SELB) down 38% after announcing after topline data of SEL-212 from the phase 2 COMPARE study in patients with Chronic Refractory Gout
- Asana (ASAN) down 6% following its first day of public trading yesterday via a direct public listing
- Par Technology (PAR) down 8% after its 3.35M share secondary offering priced at $38.00
Symbols:
PLBY AEL MCACMonterey Capital Acquisition
ASAN CPE SAIL BBBY ZSAN SELB LOGC PAR BEAM Keywords: Fly Intel, Wall Street, Top Stories, Stocks