Gun stocks surge amid nationwide protests Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- MoneyGram (MGI) and Western Union (WU) up 49% and 13%, respectively, after Bloomberg reported Western Union is aiming to acquire MoneyGram
- Slack Technologies (WORK) up 5% after Cowen analyst J. Derrick Wood initiated coverage of the stock with an Outperform rating and $45 price target
- Stitch Fix (SFIX) up 3% after The Wall Street Journal reported the company informed its roughly 1,400 California-based stylists that they will be losing their jobs and adding that it will be hiring roughly 2,000 stylists in Dallas, Pittsburgh, Cleveland, Minneapolis and Austin starting this summer
- SL Green Realty (SLG) up 4% after announcing April collections have now reached 95.1% for office, 63.3% for retail and 89.1% overall and May collections are on a similar trajectory to April with collections of 91.1% for office, 54.7% for retail and 84.7% overall
GUNMAKERS UP AMID WIDESPREAD COVERAGE OF VIOLENT PROTESTS -
- Sturm, Ruger (RGR) up 3%
- Smith & Wesson Brands (SWBI) up 7%
- Vista Outdoor (VSTO) up 5%
UP AFTER EARNINGS -
- Dicks Sporting (DKS) up 1%
DOWN AFTER EARNINGS -
ALSO LOWER -
- QTS Realty Trust (QTS) down 3% after 4.4M share spot secondary priced at $64.90
- Clarivate Analytics (CCC) down 2% after to filing to sell 14M ordinary shares with other shareholders to offer 26M ordinary
shares
- Guardant Health (GH) down 6% after 11.5M share spot secondary priced at $84.00
- Lululemon (LULU) down 1% after Wells Fargo analyst Ike Boruchow downgraded shares to Equal Weight from Overweight with a price target of $275, up from $250
- Invitation Homes (INVH) down 2% after 14.5M share spot secondary priced at $27.25
Symbols:
MGI WORK SFIX SLG RGR SWBI VSTO DKS SDRL QTS CCC GH LULU INVH Keywords: Fly Intel, Wall Street, Top Stories, Stocks