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SGFY, AMZN, CVS...
8/22/2022 09:08am
Fly Intel: Pre-market Movers

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

HIGHER -

  • Signify Health (SGFY) up 42% after reports of UnitedHealth (UNH), Amazon (AMZN), CVS (CVS) and Option Care Health (OPCH) vying to buy the company
  • GigaCloud (GCT) up 18%, with the Chinese e-commerce company on course for its third straight gain following last week's Nasdaq debut
  • Vipshop Holdings (VIPS) up 1% after Citi upgraded the China-based online marketplace to Neutral from Sell


UP AFTER EARNINGS -

  • Jaguar Health (JAGX) up 6%
  • Allego NV (ALLG) up 10%


LOWER -

  • Bed Bath & Beyond (BBBY) down 16% following news that investor Ryan Cohen had sold his shares in the company and a Bloomberg reported that said certain suppliers have halted shipments to the retailer due to unpaid bills
  • Netflix (NFLX) down 3% after CFRA downgraded the stock to Sell from Hold, saying the stock may underperform the S&P 500 Index for the rest of the year after rallying 40% from mid-July lows
  • AMC Entertainment (AMC) down 40% ahead of the debut of "APE" preferred equity units
  • Occidental Petroleum (OXY) down 2% following news that Warren Buffett’s Berkshire Hathaway (BRK.A) is not expected to bid for control of the company, despite receiving FERC approval
  • DocuSign (DOCU) down 4% after being downgraded to Sector Perform from Outperform at RBC Capital
  • VF Corp (VFC) down 3% after Cowen downgraded the stock to Market Perform on risk to the company's guidance
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