Continental Resources gains following take private offer from chairman Harold Hamm Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Continental Resources (CLR) up 11% after announcing that its board of directors has received a non-binding proposal from Harold Hamm to acquire for cash all of the outstanding shares of common stock of Continental for $70 per share
- Kaival Brands (KAVL) up 46% after reporting it reached an agreement with Philip Morris Products, or PMPSA, a wholly owned affiliate of Philip Morris (PM), for the development and distribution of electronic nicotine delivery system products in markets outside of the U.S.
UP AFTER EARNINGS -
- Oracle (ORCL) up 12%
- Core & Main (CNM) up 7%
- Li-Cycle (LICY) up 3%
DOWN AFTER EARNINGS -
- Coda Octopus (CODA) down 2%
- Sio Gene Therapies (SIOX) down 1%
LOWER -
- Coinbase (COIN) down 5% after announcing it will reduce the size of its team by about 18% and after JPMorgan analyst Kenneth Worthington downgraded the stock to Neutral with a price target of $68, down from $171
- Day One Biopharmaceuticals (DAWN) down 10% after offering to sell $125M in common stock
- Outset Medical (OM) down 21% after implementing a shipment hold on the distribution of its Tablo Hemodialysis System for home use pending FDA review
- Best Buy (BBY) down 2% after BofA analyst Elizabeth Suzuki downgraded the stock to Neutral from Buy
Symbols:
CLR KAVL CNM LICY SIOX ORCL CODA COIN - $52.02 /
-6.625 (-11.30%)
DAWNDay One Biopharmaceuticals
OM BBY Keywords: Fly Intel, Wall Street, Top Stories, Stocks