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SAVE, ULCC, SOFI...
5/16/2022 08:05am
Fly Intel: Pre-market Movers
Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- Spirit Airlines (SAVE) and Frontier Group (ULCC) up 14% and 4%, respectively, after JetBlue (JBLU) commenced an all-cash, fully financed tender offer to acquire all of the outstanding shares of Spirit for $30 per share
- SoFi Technologies (SOFI) up 6% after Piper Sandler analyst Kevin Barker upgraded shares to Overweight from Neutral
UP AFTER EARNINGS -
- PhaseBio (PHAS) up 7%
- Clear Secure (YOU) up 1%
DOWN AFTER EARNINGS -
- Weber (WEBR) down 18%
- Wix.com (WIX) down 2%
- Warby Parker (WRBY) down 2%
- Monday.com (MNDY) down 3%
LOWER -
- JetBlue (JBLU) down 1% after filing a "Vote No" proxy statement urging Spirit (SAVE) shareholders to vote against the Spirit/Frontier (ULCC) transaction at Spirit's upcoming special meeting and commencing an all-cash, fully financed tender offer to acquire all of the outstanding shares of Spirit for $30 per share