Pre-Open Stock Movers 11/01: (ANIP) (LDI) (HOG) Higher; (BTBT) (TRIP) (CRWD) Lower (more...)
Pre-Open Stock Movers:
Bit Digital, Inc. (NASDAQ: BTBT) 17% LOWER; gives back some of Friday's late-day surge.
ANI Pharmaceuticals, Inc. (Nasdaq: ANIP) 15.5% HIGHER; announced that the U.S. Food and Drug Administration (FDA) has approved the Companys supplemental New Drug Application (sNDA) for Purified Cortrophin Gel (Repository Corticotropin Injection USP) (Cortrophin Gel) for the treatment of certain chronic autoimmune disorders, including acute exacerbations of multiple sclerosis (MS) and rheumatoid arthritis (RA), in addition to excess urinary protein due to nephrotic syndrome. Cortrophin Gel is an adrenocorticotropic hormone (ACTH), also known as purified corticotropin.
loanDepot (NYSE: LDI) 10% HIGHER; reported Q3 EPS of $0.46, $0.07 better than the analyst estimate of $0.39. Revenue for the quarter came in at $923.8 million versus the consensus estimate of $881.66 million.
ON Semiconductor (NASDAQ: ON) 9.6% HIGHER; reported Q3 EPS of $0.87, $0.13 better than the analyst estimate of $0.74. Revenue for the quarter came in at $1.74 billion versus the consensus estimate of $1.71 billion. ON Semiconductor sees Q4 2021 EPS of $0.89-$1.01, versus the consensus of $0.75. ON Semiconductor sees Q4 2021 revenue of $1.74-1.84 billion, versus the consensus of $1.72 billion.
Harley-Davidson (NYSE: HOG) 8% HIGHER; the United States and the European Union announced an agreement related to the Section 232 tariffs on steel and aluminum that the U.S. implemented in 2018 and the subsequent rebalancing tariff measures that the EU took.
Novavax, Inc. (Nasdaq: NVAX) 7% HIGHER; announced the completion of its rolling submission to Health Canada for authorization of its COVID-19 vaccine candidate, the first filing of a protein-based COVID-19 vaccine in Canada. In addition, the company has completed the submission of all data and modules to the European Medicines Agency (EMA) to support the final regulatory review of its dossier.
Lucid Group (NASDAQ: LCID) 5.6% HIGHER; adds to last week's big gains after it started deliveries for the Lucid Air on Saturday, which has been getting solid reviews so far.
Shares of Xpeng (NYSE: XPEV) 4.4% HIGHER; reported strong delivery numbers for October. The company delivered 10,138 EV units in October, slightly down from 10,412 delivered in September. Still, the number represents a 233% jump year-over-year.
TripAdvisor (NASDAQ: TRIP) 3.8% LOWER; Barclays analyst Deepak Mathivana downgraded from Overweight to Underweight with a price target of $30.00 (from $49.00).
Tesla (NASDAQ: TSLA) 2% HIGHER; Global Equities Research analyst Trip Chowdhry raised his price target to $1,200.00 (from $1,000.00) while maintaining an Overweight rating following October 30th factory, delivery hub, and dock checks.
CrowdStrike Holdings (NASDAQ: CRWD) 2% LOWER; BTIG analyst Gray Powell downgraded from Buy to Neutral.