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AKAN, WOLF, AKRO...
9/13/2022 08:09am
Fly Intel: Pre-market Movers

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


HIGHER -

  • Akero Therapeutics (AKRO) up 114% after announcing its HARMONY study met its primary endpoint for both the 50mg and 28mg EFX dose groups, with 41% and 39% of EFX-treated patients, respectively, experiencing at least a one-stage improvement in liver fibrosis with no worsening of NASH by week 24, compared with 20% for the placebo arm
  • Akanda (AKAN) up 4% after entering an exclusive European license agreement with "iconic international cannabis lifestyle brand" Cookies


UP AFTER EARNINGS -

  • Core & Main (CNM) up 9%
  • Planet Labs (PL) up 8%


DOWN AFTER EARNINGS -

  • Oracle (ORCL) down 1%
  • Eastman Chemical (EMN) down 5%
  • Rent The Runway (RENT) down 29%
  • Braze (BRZE) down 8%


LOWER -

  • Dow Inc. (DOW) down 2% after Jefferies analyst Laurence Alexander downgraded the stock to Hold from Buy with a price target of $45, down from $71
  • Driven Brands (DRVN) down 7% after a 7M share secondary offering priced at $32.45
  • Wolfspeed (WOLF) down 3% after Evercore ISI analyst Matthew Prisco initiated coverage of shares with an Outperform rating and $155 price target

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