Albireo Pharma, Duck Creek Technologies both surge after respective acquisition deals Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Albireo Pharma (ALBO) up 92% after Ipsen (IPSEY) and the company announced that they have entered into a definitive merger agreement under which Ipsen will acquire Albireo for %52.00 per share
- Duck Creek Technologies (DCT) up 45% after entering a definitive agreement to be acquired by Vista Equity Partners data and technology-enabled businesses for $19.00 per share
- Uber (UBER) up 3% after Piper Sandler analyst Alexander Potter upgraded shares to Overweight with a price target of $33, up from $31
- J.Jill (JILL) up 1% after reaffirming its fourth quarter outlook
- Oracle (ORCL) up 1% after Piper Sandler analyst Brent Bracelin upgraded the stock to Overweight with a price target of $104, up from $85
UP AFTER PRELIMINARY EARNINGS -
DOWN AFTER PRELIMINARY EARNINGS -
- Staar Surgical (STAA) down 5%
- Red Robin (RRGB) down 3%
LOWER -
- Lululemion (LULU) down 10% after narrowing Q4 guidance
- DoorDash (DASH) down 3% after Piper Sandler analyst Alexander Potter downgraded shares to Underweight with a price target of $40, down from $227
Symbols:
ALBO DCT UBER ORCL CDNA LULU - $329.32 /
+3.385 (+1.04%)
JILL STAA RRGB DASH Keywords: Fly Intel, Wall Street, Top Stories, Stocks