China Telecom, China Unicom and China Mobile jump following NYSE reversal of delisting plans Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- China Telecom (CHA), China Unicom (CHU) and China Mobile (CHL) up 11%, 15% and 10%, respectively, after the NYSE announced that it no longer intends to move forward with the delisting action for the companies that was announced on December 31, 2020
- BioXcel Therapeutics (BTAI) up 6% after announcing that BXCL501, the company's proprietary, orally dissolving thin film formulation of dexmedetomidine, met the primary and secondary endpoints of the TRANQUILITY trial at the 60 mcg dose level
- Concrete Pumping Holdings (BBCP) up 5% after Baird analyst Andrew Wittmann upgraded shares to Outperform from Neutral with a $5 price target
- Boston Private Financial (BPFH) up 26% after SVB Financial Group (SIVB) and the company announced that they have entered into a definitive merger agreement pursuant to which SVB will acquire Boston Private
UP AFTER EARNINGS -
LOWER -
- 8x8 (EGHT) down 6% after Wells Fargo analyst Michael Turrin downgraded shares to Underweight from Equal Weight with a price target of $25, up from $17
- ViewRay (VRAY) down 4% after a 10.31M share spot secondary offering priced at $4.85 per share
- First Solar (FSLR) down 4% after Goldman Sachs analyst Brian Lee double downgraded the stock to Sell from Buy with a price target of $81, down from $101
Symbols:
CHA CHU CHL BTAI BBCP BPFH JEFJefferies Financial Group
EGHT VRAY FSLR Keywords: Fly Intel, Wall Street, Top Stories, Stocks