Bed Bath and Beyond plummets following Q2 results and FY21 guidance cut Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- CynergisTek (CTEK) up 13% after being selected for a new contract valued at nearly $300,000 to provide Red Team and Security Assessment services to "one of the largest U.S. based federal credit unions"
- FuboTV (FUBO) and Paysafe (PSFE) up 1% and 2%, respectively, after Paysafe announced a partnership with Fubo Gaming, a subsidiary of FuboTV
- Merck (MRK) up 1% after the company and Acceleron Pharma (XLRN) announced that the companies have entered into a definitive agreement under which Merck, through a subsidiary, will acquire Acceleron for $180 per share in cash for an approximate total equity value of $11.5B
- Orion Group (ORN) up 11% after announcing two contract awards for its Marine segment totaling nearly $200M
- Virgin Galactic (SPCE) up 7% after announcing that it is cleared to fly FAA-licensed spaceflights following the conclusion of an FAA inquiry that focused on air traffic control clearance and real-time mission notification related to the Unity 22 flight in July
UP AFTER EARNINGS -
DOWN AFTER EARNINGS -
- Bed Bath and Beyond (BBBY) down 28%
- CarMax (KMX) down 9%
- Landec (LNDC) down 9%
LOWER -
- Bit Digital (BTBT) down 18% after $80M private placement
Symbols:
CTEK FUBO PSFE MRK ORN SPCE PAYX KMX - $146.53 /
+3.555 (+2.49%)
BBBY LNDC BTBT XLRN Keywords: Fly Intel, Wall Street, Top Stories, Stocks