GM and Qualcomm climb, while Hanesbrands and Alibaba fall following quarterly earnings reports Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Kaixin Auto (KXIN) up 72% after
announcing Haitaoche will merge with a newly formed wholly-owned subsidiary of Kaixin, with Haitaoche continuing as the surviving entity and a wholly-owned subsidiary of Kaixin
as well a announcing the resignation of CEO Chen Ji and COO Jinfeng Xie
UP AFTER EARNINGS -
- General Motors (GM) up 5%
- Qualcomm (QCOM) up 14%
- Bristol-Myers (BMY) up 1%
- Cigna (CI) up 1%
- Regeneron (REGN) up 2%
- Parker Hannifin (PH) up 4%
- Cardinal Health(CAH) up 4%
- Discovery (DISCA) up 4%
- II-VI (IIVI) up 4%
- Yeti (YETI) up 1%
DOWN AFTER EARNINGS -
- Alibaba (BABA) down 4%
- AmerisourceBergen (ABC) down 1%
- Dentsply Sirona (XRAY) down 2%
- Hanesbrands (HBI) down 10%
- Shift4 Payments (FOUR) down 3%
- Cinemark (CNK) down 1%
ALSO LOWER -
- Bluebird Bio (BLUE) down 16% after pushing back the timing of its BLA submission for LentiGlobin for sickle cell disease
to late 2022
- Liberty Latin America (LILA) down 4% after Scotiabank analyst Andres Coello downgraded shares to Underperform from Sector Perform with a $6.50 price target
Symbols:
KXIN BLUE CNK FOUR HBI XRAY ABC BABA - $295.53 /
+10.09 (+3.53%)
QCOM YETI IIVI DISCA CAH PH GM REGN - $586.68 /
+27.56 (+4.93%)
CI - $210.70 /
+26.85 (+14.60%)
BMY LILA Keywords: Fly Intel, Wall Street, Top Stories, Stocks