Alibaba lower following report of increased regulatory scrutiny in China Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Leap Therapeutics (LPTX) up 27% after announcing initial overall response rates data from the first-line cohort of the DisTinGuish study
- Aterian (ATER) up 20% as the stock is in the top 5 highest trending tickers on StockTwits in terms of message volume over the past 24 hours
- Newegg Commerce (NEGG) up 3% after providing FY21 sales guidance
- Dell Technologies (DELL) up 2% after Goldman Sachs analyst Rod Hall added shares to the firm's Americas Conviction List and reiterates a Buy rating on the stock
UP AFTER EARNINGS -
- Napco Security (NSSC) up 2%
LOWER -
- Dynavax (DVAX) down 10% after announcing that Valneva SE has received a termination notice from the United Kingdom Government in relation to Valneva's supply agreement for its COVID-19 vaccine candidate VLA2001
- Farmmi (FAMI) down 50% after filing to sell an undisclosed amount of common stock
- Crowdstrike (CRWD) down 1% after Goldman Sachs analyst Brian Essex downgraded the stock to Neutral from Buy with an unchanged price target of $305
- Alibaba (BABA) down 2% after the Financial Times reported Chinese regulators, who have already ordered Jack Ma's Ant Group to separate the company's two lending units from its main business, now want these lending businesses to have their own independent app as well
- Virgin Galactic (SPCE) down 3% after announcing a third-party supplier recently flagged a potential manufacturing defect in a component of the flight control actuation system that they supply to Virgin Galactic, thus delaying its next test flight "Unity 23"
Symbols:
LPTX ATER - $11.79 /
+1.645 (+16.22%)
NEGG DELL NSSC DVAX FAMI CRWD BABA SPCE Keywords: Fly Intel, Wall Street, Top Stories, Stocks