Pre-Open Stock Movers 05/17: (EJH) (APLS) (DISCA) Higher; (MARA) (RIOT) (MSTR) Lower (more...)
- Dow, S&P post worst week in months after hawkish Fed spooks investors
- Fed-fueled dollar rises as bears make for exits
- Adobe (ADBE) Edges Higher After Topping Q2 Estimates, Analysts Raise PT on 'Impressive' Performance
- Fed Statement Very Bullish for Tech Stocks, Focus on Cloud and Cyber Stocks - Wedbush
- You Fight Real Physical Inflation With Rate Hikes, Not Talk of Rate Hikes; Buy the Dip in Commodities, Gold Underpriced - Goldman Sachs
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Pre-Open Stock Movers:
E-Home Household Service Holdings Limited (NASDAQ: EJH) 28% HIGHER; last week's IPO continues higher after 882% gain on Friday's debut.
Apellis Pharmaceuticals, Inc. (Nasdaq: APLS) 13% HIGHER; announced that the U.S. Food and Drug Administration (FDA) has approved EMPAVELI (pegcetacoplan), the first and only targeted C3 therapy for treatment of adults with paroxysmal nocturnal hemoglobinuria (PNH). EMPAVELI is approved for use in adults with PNH who are treatment naÃ¯ve as well as patients switching from the C5 inhibitors SolirisÂ® (eculizumab) and UltomirisÂ® (ravulizumab).
Calithera Biosciences, Inc. (Nasdaq: CALA) 12.8% HIGHER; Antengene Corporation Limited, a leading innovative biopharmaceutical company dedicated to discovering, developing and commercializing global first-in-class and/or best-in-class therapeutics in hematology and oncology, and Calithera Biosciences, Inc. (Nasdaq: CALA), a clinical-stage biotechnology company focused on discovering and developing novel small molecule drugs for the treatment of cancer and other life-threatening diseases, today announced an exclusive, worldwide license agreement for the development and commercialization of CB-708 (ATG-037), Calithera's small molecule inhibitor of CD73.
Marathon Digital Holdings, Inc. (NASDAQ: MARA) 11.4% LOWER; bitcoin falls on Elon Musk comments.
Nuvve Holding Corp. (Nasdaq: NVVE) 11.2% HIGHER; Evolve Transition Infrastructure LP (Evolve) (NYSE American: SNMP) today announced an agreement (the Agreement) with Nuvve Holding Corp. (Nuvve) (Nasdaq: NVVE), a global technology leader accelerating the electrification of transportation through its proprietary vehicle-to-grid (V2G) platform, and certain investment vehicles managed by Stonepeak Partners LP (Stonepeak), a private equity firm specializing in infrastructure investing, to pursue the formation of a new sustainable infrastructure joint venture called Levo Mobility LLC (Levo). Upon signing of definitive documents and closing, Levo will utilize Nuvves proprietary V2G technology and capital from Stonepeak and Evolve to help accelerate the deployment of electric fleets, including thousands of zero-emission electric school buses for school districts nationwide through V2G hubs and Transportation-as-a-Service (TaaS).
Riot Blockchain, Inc. (NASDAQ: RIOT) 10% LOWER; bitcoin falls on Elon Musk comments.
Discovery, Inc. (NASDAQ: DISCA) 9.4% HIGHER; AT&T Inc. (NYSE: T) and Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced a definitive agreement to combine WarnerMedias premium entertainment, sports and news assets with Discoverys leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company.
MicroStrategy Incorporated (NASDAQ: MSTR) 6.6% LOWER; bitcoin falls on Elon Musk comments.
Ondas Holdings Inc. (NASDAQ: ONDS) 4.2% HIGHER; announced that it has entered into a definitive agreement to acquire American Robotics, a leading developer of fully-automated commercial drone systems and the first and only company approved by the FAA to operate its drones beyond-visual-line-of-sight (BVLOS) without a human operator on the ground. This acquisition will integrate the two companies technology platforms and increase automation, data collection, and AI-powered analytics in industrial markets allowing for the improved maintenance, monitoring and operation of critical infrastructure.
AT&T Inc. (NYSE: T) 3% HIGHER; AT&T Inc. (NYSE: T) and Discovery, Inc. (NASDAQ: DISCA, DISCB, DISCK) today announced a definitive agreement to combine WarnerMedias premium entertainment, sports and news assets with Discoverys leading nonfiction and international entertainment and sports businesses to create a premier, standalone global entertainment company.
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