After-Hours Stock Movers 06/08: (LYRA) (FSR) (LMNR) Higher; (ONDS) (CMTL) (PATH) Lower (more...)
- Wall Street stocks fall as weak GDP growth spreads rate-cut gloom
- Q1 US GDP shows surprise slowing and uncomfortable inflation
- Meta shares dip on softer Q2 revenue guidance, elevated AI spending plans
- Oil steadies as US fuel demand concerns face Middle East supply risks
- Dollar sags after US GDP and inflation surprise, except against yen
- IBM tumbles on soft Q1 revenue; announces HashiCorp $6.4bn acquisition
- Hasbro (HAS) brand strength sees earnings top expectations
- Meta Platforms (META) Tops Q1 EPS by 39c, Offers Guidance
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- Rubrik (RBRK) Prices Upsized 23.5M Share IPO at $32/sh
- Midday movers: Meta, IBM, Caterpillar fall; Chipotle rises
- After-hours movers: Meta, Ford, IBM, ServiceNow and more
- Midday movers: Tesla, Boeing rise; Uber, Old Dominion Freight fall
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
Morgan Stanley Discontinues Coverage on Lordstown Motors (RIDE)
June 10, 2021 8:29 AM EDTMorgan Stanley Discontinues Coverage on Lordstown Motors (NASDAQ: RIDE). The prior rating was Underperform, with an $8 price target.
Analyst Adam Jonas comments "We remove our Underweight rating on RIDE as we believe the market may be underestimating the economic, strategic, political and... More
Clarivate (CLVT) Prices 38.46M Share Common Offering at $26/Sh; Announces Concurrent 12.5M Convertible Preferred Share Offering
June 10, 2021 6:03 AM EDTClarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of concurrent offerings of 38,461,538 ordinary shares at a price to the public of $26.00 per share, of which 28,846,154 ordinary shares are being offered by Clarivate and 9,615,384 ordinary shares are being offered by certain existing shareholders (the "Ordinary Share Offering"), and 12,500,000 5.25% Series A Mandatory Convertible preferred shares (the "convertible preferred shares") at a price to the public of $100 per share (the "Convertible Preferred Share Offering," and together with the Ordinary Share Offering, the "Offerings").... More
Aclaris Therapeutics (ACRS) Prices 7.042M Share Common Offering at $17.75/Sh
June 10, 2021 5:42 AM EDTAclaris Therapeutics, Inc. (NASDAQ: ACRS), a clinical-stage biopharmaceutical company focused on developing novel drug candidates for immuno-inflammatory diseases, today announced the pricing of its underwritten public offering of 7,042,254 shares of its common stock at a price to the public of $17.75 per share. In... More
Ondas Holdings Inc. (ONDS) Prices 6.4M Share Common Offering at $7/Sh
June 9, 2021 5:47 AM EDTOndas Holdings Inc. (NASDAQ: ONDS), a developer of proprietary, software-based wireless broadband technology for large established and emerging industrial markets, announced today that it has priced its underwritten public offering of 6,400,000 shares of its common stock at a public offering price of $7.00 per... More
Option Care Health (OPCH) Prices 15M Share Upsized Secondary Offering at $20/Sh
June 9, 2021 5:46 AM EDTOption Care Health, Inc. (NASDAQ: OPCH) announced today that an affiliate of Madison Dearborn Partners (the Selling Stockholder) has agreed to sell 15,000,000 shares of the Companys common stock at a price to the public of $20.00 per share in an underwritten public offering. The number of shares of common stock to be sold was... More