Callon Petroleum rises and APA Corp. falls following deal in which APA will acquire Callon Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Callon Petroleum (CPE) up 7% after APA Corp. (APA) and the company have entered into a definitive agreement under which APA will acquire Callon in an all-stock transaction valued at approximately $4.5B
- Omega Therapeutics (OMGA) up 97% after entering a research collaboration with Novo Nordisk (NVO) that will leverage its proprietary platform technology to develop an epigenomic controller designed to enhance metabolic activity as a part of a potential new treatment approach for obesity management
UP AFTER EARNINGS -
DOWN AFTER EARNINGS -
- RPM (RPM) down 4%
- Conagra Brands (CAG) down 3%
- Walgreens boots Alliance (WBA) down 2%
LOWER -
- Mobileye (MBLY) down 30% after reporting that it expects first quarter revenue to be down 50%
- APA Corp. (APA) down 4% after APA announced a deal to acquire Callon in an all-stock transaction valued at approximately $4.5B
- Yeti (YETI) down 2% after Canaccord downgraded shares to Hold from Buy with a price target of $50, up from $49
Symbols:
CPE OMGA WBA LNN SMPL CAG RPM - $107.10 /
-2.575 (-2.35%)
APA YETI MBLY Keywords: Fly Intel, Wall Street, Top Stories, Stocks