Ambac Financial ascends following $1.84B settlement with Bank of America Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Ambac Financial (AMBC) up 21% after entering into an agreement to settle all of its claims against Bank of America (BAC) and related entities for $1.84B
- DraftKings (DKNG) up 4% after Action Network said the company and Disney's (DIS) ESPN are near signing an exclusive partnership
- Allogene Therapeutics (ALLO) up 3% after announcing the initiation of the potentially pivotal Phase 2 clinical trial of ALLO-501A, or ALPHA2 trial, in patients with relapsed/refractory large B-cell lymphoma
UP AFTER EARNINGS -
- Aehr Test Systems (AEHR) up 8%
DOWN AFTER EARNINGS -
- Levi Strauss (LEVI) down 5%
- Tilray (TLRY) down 3%
LOWER -
- AMD (AMD) down 5% after reporting sharply lower-than-expected preliminary Q3 revenue
- CVS Health (CVS) down 5% after reporting on the impact from the change in its Star Ratings
- Lyft (LYFT) down 4% after RBC Capital downgraded shares to Sector Perform from Outperform with a price target of $16, down from $30
- Twitter (TWTR) down 1% after Bloomberg reported talks between Tesla (TSLA) CEO Elon Musk and the company to reach a resolution are stuck in part over Musk's statement that his offer is now contingent on receiving $13B in debt financing
Symbols:
AMBC DKNG ALLO AEHR TLRY LEVI CVS LYFT TWTR AMD DIS TSLA Keywords: Fly Intel, Wall Street, Top Stories, Stocks