Vivint Smart Home skyrockets following deal to be acquired by NRG Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Vivint Smart Home (VVNT) up 32% after announcing an agreement under which NRG Energy (NRG) will acquire the company for $12 per share or $2.8B in an all-cash transaction
- JPMorgan (JPM) up 1% after Morgan Stanley analyst Betsy Graseck double upgraded the stock to Overweight from Underweight with a price target of $153, up from $126
- General Electric (GE) up 1% after Oppenheimer analyst Christopher Glynn upgraded shares to Outperform with a $104 price target
UP AFTER EARNINGS -
- J.Jill (JILL) up 9%
- Signet Jewelers (SIG) up 7%
- Gitlab (GTLB) up 13%
LOWER -
- Royal Caribbean (RCL) down 3% after JPMorgan analyst Daniel Adam double downgraded the stock to Underweight from Overweight with a price target of $47 after assuming coverage of the name
- BioVie (BIVI) down 6% after announcing results from a Phase 2 trial of NE3107, potentially impacting biomakers of aging-related disease states
- Mirati Therapeutics (MRTX) down 18% after reporting preliminary results from the KRYSTAL-7 Phase 2 trial and KRYSTAL-1 Phase 1b cohort evaluating adagrasib concurrently combined with pembrolizumab in patients for the treatment of first-line NSCLC harboring a KRASG12C mutation across all PD-L1 subgroups
- Herbalife Nutrition (HLF) down 12% after offering $250M in convertible debt
- MEI Pharma (MEIP) down 31% after announcing plans to initiate a clinical development realignment and cut 30% of its workforce
Symbols:
VVNT JPM GE SIG JILL GTLB RCL BIVI MRTX HLF MEIP NRG Keywords: Fly Intel, Wall Street, Top Stories, Stocks