After-Hours Movers 05/20: (ACB) (SCVL) (EXPE) Higher; (SCPH) (GLPG) (FLXN) Lower (more...)
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- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
Aurora Cannabis (ACB:CN) (ACB) PT Raised to Cdn$27 at Cantor Fitzgerald; Positive on Reliva Deal
May 21, 2020 8:18 AM EDTCantor Fitzgerald analyst Pablo Zuanic raised the price target on Aurora Cannabis (ACB:CN) (NYSE: ACB) to Cdn$27.00 (from Cdn$22.00) while maintaining an Overweight rating after the company agreed to acquire Reliva.
The analyst commented, "ACB proved last Thursday (5/14) that it is making great strides with its reset (divestitures, cost cuts, cash flow improvement), and played down the risk of further dilution. Over the past 90 days into the print, the stock had been... More
Boot Barn (BOOT) PT Raised to $27 at DA Davidson Following 4Q
May 21, 2020 8:18 AM EDTDA Davidson analyst John Morris raised the price target on Boot Barn (NYSE: BOOT) to $27.00 (from $16.00) while maintaining a Buy rating Following the company's 4Q. Unlike many of its peers, a majority of BOOT's stores have remained open during the shelterin-place orders. BOOT could face... More
Flexion Therapeutics (FLXN) Prices 9.23M Share Common Offering at $9.75/Sh
May 21, 2020 7:31 AM EDTFlexion Therapeutics, Inc. (NASDAQ: FLXN) today announced the pricing of an underwritten public offering of 9,230,770 shares of its common stock at a price to the public of $9.75 per share. The gross proceeds from this offering are expected to be approximately $90.0 million, before deducting underwriting... More
scPharmaceuticals (SCPH) Prices 5.78M Share Common Offering at $8.65/Sh
May 21, 2020 5:45 AM EDTscPharmaceuticals Inc. (NASDAQ: SCPH) today announced the pricing of an underwritten public offering of 5,780,347 shares of its common stock at a public offering price of $8.65 per share, before deducting underwriting discounts and commissions and other offering expenses, for gross proceeds of approximately $50.0... More
