Apple lower following reports that Covid-related disruption at Foxconn plant will lower iPhone 14 Pro production Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Taboola (TBLA) up 54% after Yahoo and the company announced that they have entered into a 30-year, exclusive commercial agreement
UP AFTER RECEIVING PROVISIONAL LICENSES IN MACAU -
- Wynn Resorts (WYNN) up 5%
- Melco Resorts & Entertainment (MLCO) up 5%
- Las Vegas Sands (LVS) up 4%
- MGM Resorts (MGM) up 2%
UP AFTER EARNINGS -
- Pinduoduo (PDD) up 13%
- Anavex (AVXL) up 5%
- Progyny (PGNY) up 4%
- H World Group (HTHT) up 1%
LOWER -
- Apple (AAPL) down 2% after Bloomberg reported turmoil at Foxconn's (HNHPF) hub in Zhengzhou is likely to lower production of Apple's (AAPL) iPhone 14 Pro by close to 6M units in 2022
- CinCor Pharma (CINC) down 42% after announcing its Phase 2 HALO trial evaluating the efficacy and safety of baxdrostat did not meet its primary endpoint
- Biogen (BIIB) down 4% after Science reported a 65-year-old woman who was receiving its partner Eisai's (ESALY) lecanemab treatment to slow the cognitive decline caused by her early Alzheimer's disease recently died from a brain hemorrhage that some researchers link to the drug
- First Solar (FSLR) down 3% after JPMorgan analyst Mark Strouse downgraded the stock to Neutral from Overweight with a price target of $190, up from $147
- Exxon Mobil (XOM) and Chevron (CVX) down 3% and 2%, respectively, as oil prices slide
Symbols:
MGM LVS TBLA MLCO WYNN HTHT PDD AVXL PGNY AAPL CINC BIIB FSLR CVX XOM ESALY Keywords: Fly Intel, Wall Street, Top Stories, Stocks