Stamps.com surges following agreement to be acquired by Thoma Bravo Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Stamps.com (STMP) up 64% after announcing an agreement to be acquired by Thoma Bravo in an all-cash transaction that values the company at approximately $6.6B, or $330 per share
- ToughBuilt (TBLT) up 55% after announcing that gross sales through Amazon.com increased 118% to approximately $5.48M for the first half of 2021, compared to approximately $2.51M in the first half of 2020
- Novan (NOVN) up 13% after Cantor Fitzgerald analyst Jennifer Kim initiated coverage of the stock with an Overweight rating and $30 price target
- Humanigen (HGEN) up 13% after announcing its submission for marketing authorization for lenzilumab in COVID-19 has been accepted by the United Kingdom's Medicines and Healthcare Products Regulatory Agency for expedited COVID-related rolling review
UP AFTER EARNINGS -
- Greenbrier (GBX) up 5%
- Levi Strauss (LEVI) up 4%
DOWN AFTER EARNINGS -
- Duck Creek Technologies (DCT) down 2%
LOWER -
- Sigilon Therapeutics (SGTX) down 24% after reporting that the FDA has notified the company that its Phase 1/2 study of SIG-001 in patients with severe or moderately severe hemophilia A has been placed on clinical hold
- XL Fleet (XL) down 1% after BTIG analyst Gregory Lewis downgraded shares to Neutral from Buy
Symbols:
STMP TBLT NOVN HGEN GBX LEVI DCT SGTX XL Keywords: Fly Intel, Wall Street, Top Stories, Stocks