Get caught up quickly on the top news and calls moving stocks with these Top Fives, as compiled by the editors of The Fly.
1. STOCK NEWS:
- Splunk (SPLK) said it will receive a $1B investment from Silver Lake [more]
- The EU is probing Google's (GOOG) conduct in the digital ad technology sector [more]
- The EU has secured the purchase of an additional 150M doses of Moderna's (MRNA) COVID-19 vaccine [more]
- GameStop (GME) has completed its 5M share at-the-market equity offering program [more]
- Nicolet Bankshares (NCBS) will acquire County Bancorp (ICBK) in a $219M deal [more]
2. WALL STREET CALLS:
- Crowdstrike (CRWD) upgraded to Buy with a price target of $300 at Stifel [more]
- ChargePoint (CHPT) initiated with a Buy rating, $40 price target at Jefferies [more]
- Nvidia (NVDA) price target raised to $900 from $750 at Raymond James [more]
- Stephens starts Affirm (AFRM) at Underweight, sees stock moving "too far ahead" [more]
- Cowen upgrades Sally Beauty (SBH) to Outperform on hair and salon trends as Sally also gets upgraded after pullback at Oppenheimer [more]
3. AROUND THE WEB:
- Sanderson Farms (SAFM) is exploring a potential sale of the company, WSJ reports [more]
- Delta (DAL) is seeking to hire over 1,000 pilots by next summer, Reuters says [more]
- TSMC (TSM) will give top priority to automotive chips and Apple (AAPL) orders, DigiTimes reports [more]
- The Hill has held recent talks to be purchased by Nexstar (NXST), Axios reports [more]
- FTC will be the government agency to review Amazon's (AMZN) proposed MGM takeover, WSJ says [more]
4. MOVERS:
- 3D Systems (DDD) rises after signing a co-development agreement with CollPlant Biotechnologies (CLGN) for a 3D bioprinted regenerative soft tissue matrix for use in breast reconstruction procedures in combination with an implant [more]
- Tupperware Brands (TUP) gains after announcing a $250M share repurchase plan [more]
- Ballard Power (BLDP) higher after receiving a follow-on purchase from New Flyer for 20 fuel cell modules to power 20 New Flyer Xcelsior model Fuel Cell Electric Buses [more]
- MicroVision (MVIS) lower after announcing a $140M at-the-market equity offering agreement with Craig-Hallum Capital [more]
- Focus Financial Partners (FOCS) declines after announcing a 7.42M share secondary offering priced at $50.30 [more]
5. EARNINGS:
- Nutrien (NTR) gains after raising its first half adjusted earnings view [more]
- Plug Power (PLUG) jumps after reporting quarterly results [more]
- Korn/Ferry (KFY) higher after providing upbeat Q1 earnings guidance [more]
- Cognyte (CGNT) falls after reporting quarterly results [more]
- Nutanix (NTNX) rises after issuing guidance during investor day [more]
INDEXES:
The Dow rose 68.61, or 0.20%, to 33,945.58, the Nasdaq gained 111.79, or 0.79%, to 14,253.27, and the S&P 500 advanced 21.65, or 0.51%, to 4,246.44.