Avangrid, PNM Resources trend up following acquisition announcement Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Avangrid (AGR) and PNM Resources (PNM) up 2% and 9%, respectively, after entering into a definitive agreement under which Avangrid will acquire all the outstanding shares of PNM Resources
for $50.30 per share in cash
- Pinterest (PINS) up 9% after Goldman Sachs analyst Heath Terry and BofA analyst Justin Post each upgraded shares to Buy following the earnings report from peer Snap
- Xeris Pharmaceuticals (XERS) up 6% after
announcing it was granted Fast Track designation by the FDA for the investigation of XP-0863 for the treatment of acute repetitive seizures
UP AFTER EARNINGS -
- Verizon (VZ) up 1%
- Thermo Fisher (TMO) up 2%
- Interpublic Group (IPG) up 2%
- AutoNation (AN) up 2%
- Winnebago (WGO) up 7%
- Snap (SNAP) up 22%
DOWN AFTER EARNINGS -
- Baker Hughes (BKR) down 1%
- Armstrong Flooring (AFI) down 23%
- Netflix (NFLX) down 4%
- Navient (NAVI) down 3%
LOWER -
- Crispr Therapeutics (CRSP) down 13% after announcing results from the company's ongoing Phase 1 CARBON trial evaluating the safety and efficacy of CTX110, its wholly-owned allogeneic CAR-T cell therapy targeting CD19+ B-cell malignancies
- Slack Technologies (WORK) down 5% after Morgan Stanley analyst Keith Weiss downgraded the stock to Underweight from Equal Weight with a $27 price target
Symbols:
PINS CRSP AGR NAVI NFLX AFI SNAP WGO AN IPG BKR TMO VZ XERS WORK Keywords: Fly Intel, Wall Street, Top Stories, Stocks