Conagra Brands shares trend higher following Q1 earnings and FY22 guidance reiteration Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Rocket Lab (RKLB) up 8% after announcing that it has been selected to launch NASA's Advanced Composite Solar Sail System, or ACS3, on the Electron launch vehicle
- Blackstone (BX) up 1% after announcing that funds managed by Blackstone Capital Partners have signed a definitive agreement with EQT VII fund and KHF to acquire a majority stake in VFS Global
- Meredith (MDP) and IAC (IAC) up 6% and 3%, respectively, after the companies announced their entry into an agreement pursuant to which IAC's Dotdash digital publishing unit will acquire the entity that will hold Meredith's National Media Group in an all cash transaction at a purchase price of $42.18 per share
- AppLovin (APP) and Twitter (TWTR) up 7% and 2%, respectively, after Twitter announced that it has entered into a definitive agreement to sell MoPub to AppLovin for $1.05B in cash
- Aspen Technology (AZPN) and Emerson Electric (EMR) up 12% and 1%, respectively, after Bloomberg reported Emerson Electric is in discussions over a tie-up with Aspen Technology to establish an "industrial software giant"
UP AFTER EARNINGS -
- Conagra Brands (CAG) up 2%
- Resources Connection (RGP) up 8%
- Levi Strauss (LEVI) up 5%
LOWER -
- NeuroRx (NRXP) down 7% after Relief Therapeutics (RLFTF) announced that it has filed a lawsuit against the company and its CEO, Jonathan Javitt, for multiple breaches of the collaboration agreement between Relief and NeuroRx relating to the development and commercialization of RLF-100
- Citrix (CTXS) down 2% after announcing CEO David Henshall stepped down and providing preliminary Q3 revenue estimates
- Osmotica Pharmaceuticals (OSMT) down 37% after 14M share secondary offering priced at $2.50
Symbols:
RKLB - $14.12 /
-0.4701 (-3.22%)
BX - $113.82 /
-0.965 (-0.84%)
MDP IAC APP TWTR AZPN EMR CAG TLRY RGP LEVI NRXP CTXS OSMT Keywords: Fly Intel, Wall Street, Top Stories, Stocks