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ZGNX, SOFI, BAC...
1/19/2022 08:01am
Fly Intel: Pre-market Movers

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


HIGHER - 

  • Zogenix (ZGNX) up 69% after entering into a definitive agreement under which UCB would acquire the company for $26 per share in cash at closing, plus one non-tradeable CVR, or contingent value right, for a potential cash payment of $2 per share
  • SoFi Technologies (SOFI) up 17% after announcing the Office of the Comptroller of the Currency and the Federal Reserve have approved its applications to become a Bank Holding Company


UP AFTER EARNINGS - 

  • Bank of America (BAC) up 4%
  • Morgan Stanley (MS) up 5%
  • Procter & Gamble (PG) up 2%
  • UnitedHealth (UNH) up 2%
  • Fastenal (FAST) up 3%


DOWN AFTER EARNINGS -

  • U.S. Bancorp (USB) down 3%
  • State Street (STT) down 1%
  • Orion Energy (OESX) down 12%


LOWER -

  • Cisco (CSCO) down 2% after Goldman Sachs analyst Rod Hall downgraded shares to Neutral from Buy with an unchanged price target of $65
  • Alliance Data (ADS) down 3% after the Wall Street Journal reported the company is losing one of its biggest credit-card accounts and "among its most prized credit-card partnerships" as BJ's Wholesale Club (BJ) is moving its co-branded credit cards to Capital One Financial (COF)

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