Lordstown Motors slumps following litigation against Foxconn, sale process for Endurance and Chapter 11 filing Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- American Equity Investment (AEL) up 17% after Brookfield (BN) announced that Brookfield Reinsurance (BNRE) delivered a letter to the board of directors of the company setting forth a proposal to acquire all of the outstanding shares of common stock of AEL not already owned by Brookfield Reinsurance for aggregate consideration of $55.00 per AEL share
- AC Immune (ACIU) up 15% after receiving Fast Track designation from the FDA for its wholly-owned anti-amyloid beta active immunotherapy-candidate, ACI-24.060, for treatment of Alzheimer's disease
- Delta Air Lines (DAL) up 1% after providing wide-ranging guidance at its investor day
DOWN AFTER EARNINGS -
- Walgreens Boots Alliance (WBA) down 8%
- Korn Ferry (KFY) down 2%
LOWER -
- Lordstown Motors (RIDE) down 60% after filing litigation against Foxconn, commencing a marketing and sale process for the Endurance vehicle and restructuring under Chapter 11 of the U.S. Bankruptcy Code
- Adicet Bio (ACET) down 12% after announcing safety and efficacy data from the company's ongoing Phase 1 study of ADI-001 for the potential treatment of relapsed or refractory aggressive B-cell non-Hodgkin's lymphoma
- Trxade Health (MEDS) down 13% after receiving noncompliance notification from Nasdaq
- Applied Digital (APLD) down 4% after disclosing that on June 26 the company entered into an At Market Issuance sales agreement with Craig-Hallum Capital
Symbols:
AEL - $45.09 /
+4.415 (+10.85%)
DAL WBA KFY RIDE APLD MEDS BN ACET ACIU Keywords: Fly Intel, Wall Street, Top Stories, Stocks