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ALXN, PTLA, TGTX...
5/5/2020 09:05am
Fly Intel: Pre-market Movers
Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Portola Pharmaceuticals (PTLA) up 130% after Alexion Pharmaceuticals (ALXN) entered into a definitive merger agreement to acquire Portola for $18 per share in cash
- TG Therapeutics (TGTX) up 39% after announcing its UNITY-CLL Phase 3 trial evaluating the combination of umbralisib plus ublituximab compared to obinutuzumab plus chlorambucil in patients with previously untreated and relapsed/refractory chronic lymphocytic leukemia met its primary endpoint
UP AFTER EARNINGS -
- Wayfair (W) up 10%
- DuPont (DD) up 2%
- Sysco (SYY) up 2%
- Marathon Petroleum (MPC) up 5%
- Henry Schein (HSIC) up 2%
- IPG Photonics (IPGP) up 6%
- US Foods (USFD) up 2%
- Sealed Air (SEE) up 3%
- Alaska Air (ALK) up 7%
DOWN AFTER EARNINGS -
- WestRock (WRK) down 5%
- Mallinckrodt (MNK) down 3%
- Lumentum (LITE) down 1%
- Karyopharm (KPTI) down 4%
ALSO LOWER -
- Hertz (HTZ) down 33% after the Wall Street Journal reports the company hired an extra adviser to help prepare for a bankruptcy filing
- L Brands (LB) down 6% after reporting a mutual agreement with Sycamore Partners to terminate their previously announced transaction and outlining its go-forward strategy for the company to drive long-term shareholder value