Western Digital (WDC) Misses Q3 EPS by 29c, Revenues Miss
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Pre-Open Stock Movers 04/26: (PETX) (MAT) (PRO) Higher; (BGG) (ATEN) (INTC) Lower (more...)
April 26, 2019 9:21 AM EDTToday's Pre-Open Movers
Aratana Therapeutics (NASDAQ: PETX) 36.4% HIGHER; Elanco Animal Health (NYSE: ELAN) today announced it has signed an agreement to acquire Aratana Therapeutics (NASDAQ: PETX), a pet therapeutics company focused on developing and commercializing innovative therapeutics for dogs and cats, and developer of the first-of-its-kind canine NSAID for osteoarthritis, Galliprant®. Elanco has also signed a development and commercialization agreement with VetDC for Tanovea®-CA1, the first U.S. Food and Drug Administration (FDA) conditionally approved canine lymphoma... More
Baird Downgrades Western Digital Corp. (WDC) to Underperform
April 26, 2019 1:57 AM EDTBaird analyst Tristan Gerra downgraded Western Digital Corp. (NASDAQ: WDC) from Neutral to Underperform with a price target of $40.00 (from $50.00).
The analyst comments "Downgrading to Underperform on increasing disconnect between significant stock appreciation YTD and a continued deterioration in NAND flash fundamentals combined... More
