Pre-Open Movers 04/15: (INO) (DELL) (GBX) Higher; (NSPR) (MAXN) (PPD) Lower (more...)
- S&P 500, Dow end at record highs as weak jobs data eases rate worries
- U.S. Added Only 266,000 Jobs in April, Well Below Estimates
- Roku (ROKU) Surges After Crushing Profit Estimates to Prompt an Upgrade to 'Buy' at Loop Capital
- Dollar broadly weaker after U.S. jobs data disappoint
- Square (SQ) Tops Q1 EPS by 25c
Get inside Wall Street with StreetInsider Premium. Claim your 1-week free trial here.
Today's Pre-Open Stock Movers:
INOVIO (NASDAQ: INO) 12.4% HIGHER; announced the results of a study focusing on the human immune responses induced by INOVIO's DNA vaccine candidate for COVID-19, INO-4800, against variants of concern. The results showed that INO-4800 induced a robust T cell response against all spike protein variants tested, which the company believes will be key in providing protection against SARS-CoV-2 variants, in addition to providing similar levels of neutralizing activity against both the UK and Brazilian variants as those against the original strain.
InspireMD, Inc. (NYSE: NSPR) 9.7% LOWER; announced a 1-for-15 reverse split of its common stock, effective as of April 26, 2021. Beginning on April 27, 2021, the Company's common stock will trade on the NYSE American on a split adjusted basis.
Dell Technologies (NYSE: DELL) 8.1% HIGHER; announces the planned spin-off of its 81% equity ownership interest in VMware (NYSE: VMW). The transaction will result in two standalone companies positioned for growth in the data era. The transaction is expected to close during the fourth quarter of calendar 2021, subject to certain conditions, including receipt of a favorable IRS private letter ruling and an opinion that the transaction will qualify as generally tax-free for Dell Technologies shareholders for U.S. federal income tax purposes.
Maxeon Solar Technologies, Ltd. (NASDAQ: MAXN) 7.8% LOWER; announced that it is offering to sell, subject to market and other conditions, $125,000,000 of ordinary shares through an underwritten public offering. Maxeon also intends to grant the underwriters an option, exercisable for 30 days after the date of the final prospectus supplement, to purchase up to an additional $18,750,000 of ordinary shares offered in the public offering on the same terms and conditions.
American Eagle Outfitters (NYSE: AEO) 6.3% HIGHER; announced that business is exceeding expectations with first quarter revenue on track to over $1 billion, a mid-teens increase compared to pre-COVID 2019 first quarter reported revenue. Demand has accelerated across the American Eagle and Aerie brands, generating strong margins, higher full-priced selling and reduced promotions. For the period, management expects operating income of approximately $120 million, compared to first quarter 2019 operating income of $48 million and adjusted operating income of $49 million.
Coinbase (NASDAQ: COIN) 5% HIGHER; adds to yesterday's IPO debut gains. ARK takes a new stake.
The Greenbrier Companies, Inc. (NYSE: GBX) 3.8% LOWER; announced today that it intends to offer, subject to market and other conditions, $275.0 million aggregate principal amount of Convertible Senior Notes due 2028 (the "Notes") in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act").
Harrow Health, Inc. (NASDAQ: HROW)1.8% HIGHER; Sees total Q1 revenue between $14.9 million and $15.5 million.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- T-Mobile (TMUS) Gains After Topping Q1 Consensus as 5G Story Accelerates, 'More to Come' Says Analyst
- Blade (BLDE) Completes Business Combination Becoming the First Publicly Traded Urban Air Mobility Company (EXPC)
- Tilray (TLRY) Spikes 10% Pre-Open Following Upgrade
Create E-mail Alert Related CategoriesSpecial Reports
Related EntitiesDefinitive Agreement, IPO, Pre Market Movers, ARK
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!