VMware surges following reports that Broadcom is in discussion to acquire the company Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- VMware (VMW) up 19% after Reuters reported Broadcom (AVGO) is in talks to acquire the company
- Electronic Arts (EA) up 3% after Kotaku reported that the company recently pursued a merger with NBCUniversal (CMCSA) and also held potential acquisition talks with Disney (DIS), Apple (AAPL), and other companies
- GameStop (GME) up 2% after announcing it has launched its digital asset wallet to allow gamers and others to store, send, receive and use cryptocurrencies and non-fungible tokens "NFTs" across decentralized apps without having to leave their web browsers
UP AFTER EARNINGS -
- Gilat Satellite (GILT) up 2%
- ReShape Lifesciences (RSLS) up 4%
- Star Equity (STRR) up 15%
LOWER -
- Dow Inc. (DOW) down 1% after Piper Sandler analyst Charles Neivert downgraded the stock to Neutral from Overweight
- HP Inc. (HPQ) down 3% after Citi analyst Jim Suva downgraded the stock to Neutral from Buy
- Corning (GLW) down 3% after Citi analyst Asiya Merchant downgraded shares to Neutral from Buy
- Upwork (UPWK) down 6% after RBC Capital analyst Brad Erickson initiated coverage of shares with a Sector Perform rating and $21 price target
Symbols:
VMW AVGO EA - $130.77 /
+0.725 (+0.56%)
GME GILT RSLS STRR DOW HPQ GLW UPWK CMCSA DIS AAPL Keywords: Fly Intel, Wall Street, Top Stories, Stocks