Virgin Orbit falls further after commencing Chapter 11 proceeding Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Etsy (ETSY) up 4% after Piper Sandler upgraded shares to Overweight with a price target of $140
- Butterfly Network (BFLY) up 21% after receiving 510(k) clearance for an AI-enabled Auto B-line Counter
UP AFTER EARNINGS -
- MSC Industrial (MSM) up 4%
- Kirkland's (KIRK) up 2%
DOWN AFTER EARNINGS -
- Freeline (FRLN) down 5%
- Lindsay (LNN) down 1%
- Acuity Brands (AYI) down 5%
LOWER -
- Virgin Orbit (VORB) down 23% after effectuating a voluntary proceeding under Chapter 11 of the U.S. Bankruptcy Code in the United States Bankruptcy Court in the District of Delaware in order to effectuate a sale of the business
- Oncternal Therapeutics (ONCT) down 62% after announcing the Phase 3 study and the Phase 1/2 study of zilovertamab in combination with ibrutinib will be closed
- AMC Entertainment (AMC) down 23% after announcing stockholders have reached an agreement with the company that will provide them additional shares as part of a recapitalization that will afford AMC access to the equity it asserts it needs to service its debt obligations as it continues its recovery from the pandemic
Symbols:
ETSY - $108.26 /
-3.095 (-2.78%)
BFLY MSM KIRK FRLN LNN - $150.70 /
+0.925 (+0.62%)
AYI - $183.31 /
+0.865 (+0.47%)
VORB ONCT AMC Keywords: Fly Intel, Wall Street, Top Stories, Stocks