PayPal shares rise, Pinterest shares fall after the former said it is not currently in talks to buy the latter, as had been previously reported Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- PAE (PAE) up 69% after Amentum and the company announced a definitive agreement under which an affiliate of Amentum will acquire PAE in an all-cash transaction for approximately $1.9B
- Creatd (CRTD) up 67% after announcing its second non-fungible token art drop offering captures of a series of three photographs of former president Donald Trump
- Bloom Energy (BE) up 25% after the company and SK ecoplant announced they are expanding their existing partnership inclusive of a $4.5B revenue commitment; co-creation of two hydrogen innovation centers and an equity investment of approximately $500M
- PayPal (PYPL) up 5% after the company stated that it is "not pursuing an acquisition of Pinterest at this time"
- Tesla (TSLA) up 4% after Morgan Stanley analyst Adam Jonas raised the firm's price target on the stock to $1,200 from $900 and reiterated an Overweight rating on the shares following the better than expected Q3 results
UP AFTER EARNINGS -
- InterCure (INCR) up 8%
- Restaurant Brands (QSR) up 2%
- Otis Worldwide (OTIS) up 1%
DOWN AFTER EARNINGS -
- Lennox (LII) down 4%
- Kimberly-Clark (KMB) down 3%
- HNI Corporation (HNI) down 3%
- Community Bank System (CBU) down 2%
- Akoustis (AKTS) down 1%
LOWER -
- Erytech Pharma (ERYP) down 33% after announcing its TRYbeCA-1 trial missed its overall survival primary endpoint
- Pinterest (PINS) down 14% after PayPal stated that it is "not pursuing an acquisition of Pinterest at this time"
Symbols:
CRTD BE PYPL TSLA - $909.51 /
+15.82 (+1.77%)
QSR OTIS INCR LII KMB HNI AKTS CBU ERYP PINS PAE Keywords: Fly Intel, Wall Street, Top Stories, Stocks