Perion Network falls 38% after slashing FY24 guidance; Crypto names rally as bitcoin price rebounds Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER
- Crypto stocks rebound as Bitcoin rises to $71,000; Riot Platforms, Inc. (RIOT) up 5%, Marathon Digital Holdings, Inc. (MARA) up 5%, Coinbase Global, Inc. (COIN) up 5%
- Apartment Income REIT (AIRC) up 23% as Blackstone announces it will take company private
- Ducommun (DCO) up 20% after confirming unsolicited $60.00 per share cash bid from Albion River
- James River Group (JRVR) up 5% after being granted preliminary injunction against Fleming Intermediate Holding by NY court
- Esperion Therapeutics (ESPR) up 3% after presenting new data from CLEAR Outcomes at ACC.24
- Tesla (TSLA) up 3% following Friday's Elon Musk post on X that Tesla Robotaxi will be unveiled August 8
- BJ's Wholesale Club (BJ) up 2% after being upgraded to Buy at Goldman Sachs
- Take-Two Interactive (TTWO) up 2% after being upgraded to Buy at Citi
- Ulta Beauty (ULTA) up 2% after being upgraded to Buy at Loop Capital
LOWER
- Perion Network (PERI) down 38% after cutting FY24 revenue guidance
- Skyworks Solutions (SWKS) down 1% after being downgraded to Sector Weight at KeyBanc
Symbols:
RIOT MARA COIN AIRC DCO JRVR ESPR TSLA BJ TTWO - $151.02 /
+1.395 (+0.93%)
ULTA - $444.61 /
-3.725 (-0.83%)
PERI SWKS Keywords: fly intel, wall street, pre-market, movers, top stories, stocks