Bank of America and Morgan Stanley gain following quarterly reports Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Zogenix (ZGNX) up 69% after entering into a definitive agreement under which UCB would acquire the company for $26 per share in cash at closing, plus one non-tradeable CVR, or contingent value right, for a potential cash payment of $2 per share
- SoFi Technologies (SOFI) up 17% after announcing the Office of the Comptroller of the Currency and the Federal Reserve have approved its applications to become a Bank Holding Company
UP AFTER EARNINGS -
- Bank of America (BAC) up 4%
- Morgan Stanley (MS) up 5%
- Procter & Gamble (PG) up 2%
- UnitedHealth (UNH) up 2%
- Fastenal (FAST) up 3%
DOWN AFTER EARNINGS -
- U.S. Bancorp (USB) down 3%
- State Street (STT) down 1%
- Orion Energy (OESX) down 12%
LOWER -
- Cisco (CSCO) down 2% after Goldman Sachs analyst Rod Hall downgraded shares to Neutral from Buy with an unchanged price target of $65
- Alliance Data (ADS) down 3% after the Wall Street Journal reported the company is losing one of its biggest credit-card accounts and "among its most prized credit-card partnerships" as BJ's Wholesale Club (BJ) is moving its co-branded credit cards to Capital One Financial (COF)
Symbols:
ZGNX SOFI BAC PG MS FAST USB STT OESX CSCO ADS UNH COF BJ Keywords: Fly Intel, Wall Street, Top Stories, Stocks