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Pre-Open Stock Movers 11/15: (EYPT) (GGPI) (BTB) Higher; (EVGO) (WOOF) (CRWD) Lower (more...)

November 15, 2021 9:23 AM EST

Pre-Open Stock Movers:

EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT) 34% HIGHER; announced six-month interim data from the "Durasert® and Vorolanib in Ophthalmology" (DAVIO) Phase 1 clinical trial of EYP-1901, a bioerodible sustained delivery intravitreal anti-vascular endothelial growth factor (anti-VEGF) treatment targeting wet age-related macular degeneration (wet AMD). The data are being presented today at the American Academy of Ophthalmology (AAO) 2021 Annual Meeting Retina Subspecialty Day in New Orleans by David S. Boyer, M.D., Senior Partner at Retina-Vitreous Associates Medical Group and adjunct clinical professor of Ophthalmology with the University of Southern California/Keck School of Medicine.

Gores Guggenheim (NASDAQ: GGPI) 16% HIGHER; sees early momentum.

Bit Brother Limited (NASDAQ: BTB) 14% HIGHER; sees early momentum.

EVgo (NASDAQ: EVGO) 7.9% LOWER; Credit Suisse downgraded to Neutral from Outperform on valuation.

Kaixin Auto Holdings (NASDAQ: KXIN) 7.5% HIGHER; today announced that according to Henan Yujie Times Automobile Co., Ltd., which signed a binding M&A term sheet with Kaixin in August 2021, the sales volume of its POCCO electric vehicle (“EV”) models in October reached 8,661 units, of which sales of the DuoDuo and MeiMei models accounted for 5,627 and 3,034 units respectively, a 33.7% and 12.2% increase over September. As of October, total sales of POCCO EV models exceeded 20,000 units.

Dollar Tree, Inc. (NASDAQ: DLTR) 7.2% HIGHER; Activist investor Mantle Ridge has built a $1.8 billion stake in Dollar Tree (NASDAQ: DLTR), according to Dow Jones, citing people familiar with the matter. Upgraded at Deutsche Bank.

Petco Heath & Wellness Co. Inc. (NASDAQ: WOOF) 4% LOWER; Jefferies downgraded from Buy to Hold with a price target of $26.00.

CrowdStrike Holdings (NASDAQ: CRWD) 3.8% LOWER; Morgan Stanley initiates coverage with an Underweight rating.

Boeing (NYSE: BA) 3% HIGHER; is optimistic that it will soon be logging Chinese orders and deliveries of its 737 Max after the nation's regulators signaled it is close to ending a more than 2.5 year grounding.

Tesla, Inc. (NASDAQ: TSLA) 1.4% LOWER; Elon Musk hints at more stock sales.



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