Pre-Open Stock Movers 11/09: Trump Victory Moving Various Stocks/Sectors

November 9, 2016 9:28 AM EST

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Today's Pre-Open Stock Movers

Tenet Healthcare (NYSE: THC) 29.9% LOWER; Trump seen overturning Obamacare

Arrowhead Pharmaceuticals, Inc. (Nasdaq: ARWR) 26.4% LOWER; was notified today verbally by the United States Food & Drug Administration (FDA) of its decision to place a clinical hold on Heparc-2004. The study is on hold while the company provides responses to questions arising from a nonclinical toxicology study in non-human primates using EX1, the company’s liver-targeted, intravenously administered delivery vehicle.

Corrections Corp (NYSE: CXW) 25% HIGHER; private prison stocks gain on Trump victory.

The GEO Group (NYSE: GEO) 18.7% HIGHER; private prison stocks gain on Trump victory.

SAExploration Holdings, Inc. (NASDAQ: SAEX) 16.9% HIGHER; announced a new project award for seismic data acquisition services valued at approximately $35 million.

HCA Holdings (NYSE: HCA) 16.4% LOWER; Trump seen overturning Obamacare

Impax Laboratories (NASDAQ: IPXL) 15.4% LOWER; reported Q3 EPS of $0.37, $0.02 worse than the analyst estimate of $0.39. Revenue for the quarter came in at $228 million versus the consensus estimate of $234.87 million.

SunPower (NASDAQ: SPWR) 14.3% LOWER; solar lower on Trump victory

Kandi Technologies Group (NASDAQ: KNDI) 13.5% LOWER; reported Q3 EPS of ($0.04), versus $0.13 reported last year. Revenue for the quarter came in at $6.4 million, versus $50.5 million reported last year. Electric vehicle ("EV") parts sales decreased 90.4% to $4.7 million for the third quarter of 2016, compared with $49.0 million in the same period of 2015; GUIDANCE: Kandi Technologies Group sees FY2016 revenue of $28 - $30 million. The Company also expects the JV Company to deliver 2,000 to 2,200 EV products in the fourth quarter.

TripAdvisor (NASDAQ: TRIP) 13.3% LOWER; reported Q3 EPS of $0.53, in-line with the analyst estimate of $0.53. Revenue for the quarter came in at $421 million versus the consensus estimate of $436.31 million.

Arotech Corp. (NASDAQ: ARTX) 12.8% HIGHER; reported Q3 EPS of $0.02, $0.03 better than the analyst estimate of ($0.01). Revenue for the quarter came in at $24.3 million versus the consensus estimate of $24 million.

United States Steel (NYSE: X) 12.2% HIGHER; Steel stocks gain on Trump win; Upgraded a Jefferies

Universal Health Services, Inc. (NYSE: UHS) 11% LOWER; Trump seen overturning Obamacare

The Medicine Co (NASDAQ: MDCO) 10.4% HIGHER; Pharma stocks gain on Trump

Canadian Solar (NASDAQ: CSIQ) 10.3% LOWER; solar lower on Trump victory

GoPro (NASDAQ: GPRO) 10.3% LOWER; recalls drones; 3 downgrades

AK Steel (NYSE: AKS) 10.2% HIGHER; Steel stocks gain on Trump win

Globus Medical (NYSE: GMED) 10.2% LOWER; reported Q3 EPS of $0.29, in-line with the analyst estimate of $0.29. Revenue for the quarter came in at $135.7 million versus the consensus estimate of $139.25 million. GUIDANCE: Globus Medical sees FY2016 EPS of $1.20, versus the consensus of $1.20. Globus Medical sees FY2016 revenue of $560 million, versus the consensus of $574.79 million.

Cloud Peak Energy (NYSE: CLD) 10% HIGHER; coal stocks gain on Trump win

Pfizer (NYSE: PFE) 9% HIGHER; Big pharma higher on Trump win

CONSOL Energy (NYSE: CNX) 8.8% HIGHER; coal stocks gain on Trump win

Constellation Brands (NYSE: STZ) 8.7% LOWER; BofA/Merrill Lynch downgraded from Neutral to Underperform with a price target of $150.00.

Multi Packaging Solutions (NYSE: MPSX) 8.1% LOWER; reported Q1 EPS of $0.17, $0.08 worse than the analyst estimate of $0.25. Revenue for the quarter came in at $407.8 million versus the consensus estimate of $425.27 million.

First Solar (NASDAQ: FSLR) 8% LOWER; solar lower on Trump victory

DISH Network (NASDAQ: DISH) 6% LOWER; reported Q3 EPS of $0.64, $0.04 worse than the analyst estimate of $0.68. Revenue for the quarter came in at $3.75 billion versus the consensus estimate of $3.74 billion.

Celgene (NASDAQ: CELG) 5.8% HIGHER; biotech gains in Trump win

Biogen (NASDAQ: BIIB) 4.7% HIGHER; biotech gains in Trump win

Gilead Science (NASDAQ :GILD) 3.4% HIGHER; biotech gains in Trump win

Hertz Global Holdings (NYSE: HTZ) 3.5% HIGHER; Carl Icahn disclosed a 33.77%, or 28,019,038 share, stake in the company. This is up 116.55% from the 12,938,596 shares held at the end of the latest quarter ending September 30, 2016. All the new shares were purchased today.

ILG (NASDAQ: ILG) 3.2% HIGHER; reported Q3 EPS of $0.39, $0.13 better than the analyst estimate of $0.26. Revenue for the quarter came in at $418 million versus the consensus estimate of $387 million.

ViaSat (NASDAQ: VSAT) 2.9% HIGHER; reported Q2 EPS of $0.40, $0.13 better than the analyst estimate of $0.27. Revenue for the quarter came in at $399.2 million versus the consensus estimate of $378.83 million.

Jazz Pharmaceuticals (NASDAQ: JAZZ) 2% LOWER; reported Q3 EPS of $2.57, $0.04 worse than the analyst estimate of $2.61. Revenue for the quarter came in at $374 million versus the consensus estimate of $389.23 million. GUIDANCE: Jazz Pharmaceuticals sees FY2016 EPS of $9.90-$10.30, versus the consensus of $10.06. Jazz Pharmaceuticals sees FY2016 revenue of $1.485-1.53 billion, versus the consensus of $1.51 billion.



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