Tesla rises following upgrade at Evercore ISI Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- STMicroelectronics (STM) up 2% after reporting preliminary Q4 revenue above consensus
- Tesla (TSLA) up 4% after Evercore ISI analyst Chris McNally upgraded shares to In Line from Underperform with a $650 price target
- Sensata (ST) up 10% after boosting its Q4 revenue view
- Acacia Communications (ACIA) up 10% after terminating its merger agreement with Cisco Systems (CSCO)
- VPC Impact Acquisition (VIH) up 57% after Bloomberg reported Intercontinental Exchange's (ICE) Bakkt is in advanced talks to go public via a merger with the company
- Globalstar (GSAT) up 45% after
announcing that business partner Nokia (NOK) has entered into an agreement with Tideworks Technology to deploy the company's Band 53 spectrum at the Port of Seattle, Terminal 5
- Cardtronics (CATM) up 16% after announcing that its board has entered into a non-disclosure agreement with the third party to facilitate discussions and negotiations after getting a $39 per share offer
LOWER -
- Sarepta (SRPT) down 50% after announcing top-line results from Part 1 of Study SRP-9001-102, an ongoing, randomized, double-blind, placebo-controlled clinical trial to evaluate the safety, efficacy and tolerability of a single dose of SRP-9001 in 41 patients with Duchenne muscular dystrophy
- Cerecor (CERC) down 6% after a 12.3M share spot secondary priced at $2.60
- Secureworks (SCWX) down 8% after Goldman Sachs analyst Brian Essex downgraded the stock to Sell from Neutral with an unchanged price target of $14
- Bionano Genomics (BNGO) down 21% after a spot secondary re-offer in the range of $3.00-$3.50
- Uber (UBER) down 4% after Bloomberg reported Goldman Sachs is said to be offering 38M shares in a block at a price of $53.90-$56.13 per share
- Velodyne Lidar (VLDR) down 4% after reporting preliminary Q4 revenue below consensus and withdrawing FY21 guidance
Symbols:
STM ACIA VLDR UBER BNGO SCWX CERC SRPT CATM GSAT VIH ST TSLA - $816.26 /
+60.26 (+7.97%)
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