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SRNE, GRUB, HEXO...
6/11/2020 08:06am
Fly Intel: Pre-market Movers

Check out this morning's top movers from around Wall Street, compiled by The Fly. 

HIGHER -  

  • Sorrento Therapeutics (SRNE) up 12% after announcing that an application for emergency use authorization is under review at the FDA for its COVI-TRACK in vitro diagnostic test kit for the independent detection of IgG and IgM antibodies in sera of patients exposed to the SARS-CoV-2 virus
  • Grubhub (GRUB) up 6% after announcing Just Eat Takeaway.com N.V. (TKAYY) will acquire 100% of the shares of the company in an all-stock transaction

UP AFTER EARNINGS - 

  • Hexo (HEXO) up 21%
  • Tailored Brands (TLRD) up 3%

DOWN AFTER EARNINGS - 

  • Children's Place (PLCE) down 12%
  • Oxford industries (OXM) down 15%

ALSO LOWER -  

  • Tesla (TSLA) down 3% after having risen above $1,000 per share for the first time yesterday. Additionally, CNBC reported Cruise, GM's (GM) majority owned self-driving vehicle unit, has hired former Tesla engineer Louise Zhang as its new head of safety
  • Mustang Bio (MBIO) down 24% after filing to sell an undisclosed amount of common stock
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