Novavax (NVAX) rises on announcement that the company has identified a COVID-19 vaccine candidate Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Novavax (NVAX) up 12% after
identifying coronavirus vaccine candidate NVX-CoV2373 and announcing it will initiate a first-in-human trial in mid-May
- Pinterest (PINS) up 12% after reporting preliminary Q1 revenue above consensus
- UPS (UPS) and FedEx (FDX) up 4% and 6% respectively after WSJ reports Amazon (AMZN) will suspend a delivery service for non-Amazon packages as it re-evaluates the offering designed to compete with
the two companies
UP AFTER EARNINGS -
- RPM (RPM) up 2%
- Smart Global (SGH) up 5%
- GenMark (GNMK) up 18%
DOWN FOLLOWING SHORT REPORT -
- eHealth (EHTH) down 15% after Carson Block's Muddy Waters announced a new short position
DOWN AFTER EARNINGS -
ALSO LOWER -
- AMC Entertainment (AMC) down 3% after Loop Capital analyst Alan Gould downgraded shares to Sell from Hold with a price target of $1, down from $4
- Health Catalyst (HCAT) down 6% after announcing $175M convertible senior notes offering due 2025
- Glu Mobile (GLUU) down 2% after Stephens analyst Jeff Cohen downgraded the stock to Underweight from Equal Weight with a price target of $4, down from $5.50
- iQIYI (IQ) down 8% after claiming reports from short sellers, alleging that the company inflates user metrics, contain numerous errors, unsubstantiated statements and misleading conclusions
- Wayfair (W) down 5% after JPMorgan analyst Christopher Horvers downgraded shares to Underweight from Neutral with a price target of $63, down from $66
Symbols:
EHTH - $117.05 /
-13.53 (-10.36%)
NVAX PINS UPS FDX RPM SGH GNMK TLGT - $0.32 /
+0.0441 (+16.20%)
AMC HCAT GLUU IQ W Keywords: Fly Intel, Wall Street, Top Stories, Stocks