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INTC, VNE, MGA...
7/23/2021 09:07am
Fly Intel: Pre-market Movers

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


HIGHER -

  • Veoneer (VNE) up 54% after Magna (MGA) and the company announced that they have entered into a definitive merger agreement under which Magna will acquire Veoneer for $31.25 per share in cash


UP AFTER EARNINGS -

  • American Express (AXP) up 3%
  • Regions Financial (RF) up 1%
  • Snap (SNAP) up 17%
  • Twitter (TWTR) up 5%


DOWN AFTER EARNINGS -

  • Kimberly-Clark (KMB) down 4%
  • Boston Beer (SAM) down 20%
  • Intel (INTC) down 2%


LOWER -

  • New Oriental Education (EDU) and TAL Education (TAL) down 65% and 59%, respectively, after Bloomberg reported China is mulling rules that would require companies that offer tutoring on the school curriculum to go non-profit and no longer be allowed to raise capital or go public
  • Magna (MGA) down 4% after deal to acquire Veoneer for $31.25 per share in cash

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