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FOE, LRMR, RADA...
5/11/2021 09:05am
Fly Intel: Pre-market Movers

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


HIGHER -

  • Ferro (FOE) up 22% after announcing it has entered into a definitive agreement to be acquired by Prince International in an all-cash transaction valued at approximately $2.1B
  • Larimar Therapeutics (LRMR) up 5% after announcing data from its Phase 1 multiple ascending dose clinical trial evaluating CTI-1601 as a treatment for Friedreich's ataxia


UP AFTER EARNINGS -

  • Rada Electronic (RADA) up 1%
  • Aramark (ARMK) up 4%
  • International Game (IGT) up 5%


DOWN AFTER EARNINGS -

  • Palantir (PLTR) down 10%
  • Hanesbrands (HBI) down 12%
  • Allot Ltd. (ALLT) down 6%
  • Virgin Galactic (SPCE) down 19%


LOWER -

  • Tesla (TSLA) down 7% after Reuters reported the company has stopped plans to buy land to expand its Shanghai factory due to uncertainty with the growing tensions between China and the U.S.
  • L Brands (LB) down 3% after the company reported earnings and announced that its board unanimously approved a plan to separate the company into two independent, public companies: Bath & Body Works and Victoria's Secret

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