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AXU, COWN, AR...
7/5/2022 08:07am
Fly Intel: Pre-market Movers

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


HIGHER -

  • Cowen Group (COWN) up 14% after Bloomberg reported Toronto-Dominion Bank (TD) is considering a deal to acquire the company
  • Alexco Resource (AXU) up 6% after Hecla Mining (HL) and the company announced a definitive agreement for Hecla to acquire all of the outstanding common shares of Alexco that Hecla does not already own
  • Antero Resources (AR) up 1% after Truist analyst Neal Dingmann upgraded shares to Buy from Hold with a price target of $50, up from $42


LOWER -

  • Stellantis (STLA) down 6% after Reuters reported a semiconductor supply shortage could cost Stellantis up to 220,000 vehicles this year in terms of lost output in Italy
  • AstraZeneca (AZN) down 2% after announcing an agreement to acquire TeneoTwo
  • HP Inc. (HPQ) down 2% after Evercore ISI analyst Amit Daryanani downgraded the stock to In Line from Outperform
  • Tesla (TSLA) down 1% after announcing it delivered 254,695 vehicles in the second quarter
  • Shopify (SHOP) down 1% after JMP Securities analyst Andrew Boone initiated coverage of the shares with a Market Perform rating
  • Netflix (NFLX) down 1% after Piper Sandler analyst Thomas Champion lowered the firm's price target on the stock to $210 from $293

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