Pre-Open Stock Movers 01/20: (CALA) (CRSP) (HCWB) Higher; (AMH) (DFS) (F) Lower (more...)

January 20, 2022 9:29 AM EST

Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.

Pre-Open Stock Movers

Calithera Biosciences (NASDAQ: CALA) 16.3% HIGHER; SVB Leerink upgraded from Market Perform to Outperform with a price target of $3.00.

Casper Sleep Inc. (NYSE: CSPR) 11% HIGHER; announced that its stockholders voted today to adopt the Agreement and Plan of Merger, whereby Casper will be acquired by certain subsidiaries of Durational Consumer SPV IV, LP, an investment vehicle managed by Durational Capital Management, LP.

HCW Biologics Inc. (the Company) (NASDAQ: HCWB) 11% HIGHER; announced the publication of a scientific paper, authored by the Companys scientific research team, in the peer-reviewed journal, Molecular Therapy. The paper is entitled, Immunotherapeutic HCW9218 augments anti-tumor activity of chemotherapy via NK cell mediated reduction of therapy-induced senescent cells. It highlights preclinical data from in vivo animal studies demonstrating the ability of the Companys lead investigational candidate, HCW9218, to both enhance the anti-tumor efficacy of chemotherapy drugs and diminish their harmful side effects by reducing therapy-induced senescence (TIS).

Matson, Inc. (NYSE: MATX) 7% HIGHER; expects fourth quarter operating income for Ocean Transportation of $445.0 to $455.0 million and Logistics operating income of $14.0 to $15.0 million. Also expect fourth quarter 2021 net income and diluted EPS to be $365.2 to $382.4 million and $8.70 to $9.10, respectively.

Signet Jewelers (NYSE: SIG) 5% HIGHER; raises guidance to reflect strong holiday performance

Tenet Healthcare (NYSE: THC) 5% HIGHER; Raymond James upgraded from Outperform to Strong Buy with a price target of $120.00 (from $105.00).

American Homes 4 Rent (NYSE: AMH) 4% LOWER; commenced an underwritten public offering of 20,000,000 of its Class A common shares of beneficial interest, $0.01 par value per share ("Class A common shares"), of which 10,000,000 shares will be offered directly by the Company, and 10,000,000 shares will be offered, at the request of the Company, by the forward purchasers (as defined below) or their respective affiliates in connection with the forward sale agreements described below. The underwriters have been granted a 30-day option to purchase an aggregate of up to an additional 3,000,000 Class A common shares.

Discover Financial Services (NYSE: DFS) 3.4% LOWER; reported Q4 EPS of $3.64, $0.12 better than the analyst estimate of $3.52. Revenue net interest expense for the quarter came in at $2.94 billion versus the consensus estimate of $2.99 billion.

Ford (NYSE: F) 3.3% LOWER; Jefferies downgraded from Buy to Hold with a price target of $25.00 (from $20.00).

Silvergate Capital Corp. (NYSE: SI) 3% HIGHER; from Neutral to Buy with a price target of $166.00.

WestRock LLC (NYSE: WRK) 2.5% LOWER; BofA Securities downgraded from Buy to Neutral with a price target of $57.00 (from $60.00).

International Paper (NYSE: IP) 2.3% LOWER; BofA Securities downgraded from Buy to Neutral with a price target of $54.00 (from $58.00).

United Airlines (NASDAQ: UAL) 2% LOWER; reported Q4 EPS of ($1.60), $0.48 better than the analyst estimate of ($2.08). Revenue for the quarter came in at $8.19 billion versus the consensus estimate of $7.99 billion.

Alcoa (NYSE: AA) 1.5% HIGHER; reported Q4 EPS of $2.50, ex-items, $0.73 better than the analyst estimate of $1.77. Revenue for the quarter came in at $3.3 billion versus the consensus estimate of $3.3 billion.

AMD (NASDAQ: AMD) 1.4% LOWER; Piper Sandler downgraded from Overweight to Neutral with a price target of $130.00 (from $140.00).



Serious News for Serious Traders! Try StreetInsider.com Premium Free!

You May Also Be Interested In





Related Categories

Special Reports

Related Entities

Raymond James, Jefferies & Co, Pre-Open Losers, Pre-Open Winners, Pre Market Movers