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ALT, LAKE, ZM...
2/28/2020 09:02am
Fly Intel: Pre-market Movers
HIGHER AMID CORONAVIRUS FEARS:
- Altimmune (ALT), up 117% after announcing the advancement of a novel single-dose, intranasal vaccine to protect against COVID-19
- Lakeland Industries (LAKE), up 35%, and Alpha Pro Tech (APT), up 44%, amid continued headlines on the ongoing health scare related to the coronavirus. Both make protective gear.
- Zoom Video (ZM), up 4% after heightened travel restrictions inside and outside China due to the ongoing coronavirus outbreak driving increased demand for online video conference calls.
UP AFTER EARNINGS:
- Sangamo (SGMO), up 34%
- AMC Entertainment (AMC), up 8%
- Trade Desk (TTD), up 5%.
DOWN AFTER EARNINGS:
- Wayfair (W), down 14%
- Big Lots (BIG), down 34%
- Beyond Meat (BYND), down 14%
- VMware (VMW), down 8%.
DOWN AFTER DOWNGRADE:
- Chesapeake (CHK), down 9% after MKM Partners analyst John Gerdes downgraded shares to Sell from Neutral and lowered the firm's price target to $0 from $1.