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AMBC, DKNG, ALLO...
10/7/2022 08:10am
Fly Intel: Pre-market Movers

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


HIGHER -

  • Ambac Financial (AMBC) up 21% after entering into an agreement to settle all of its claims against Bank of America (BAC) and related entities for $1.84B
  • DraftKings (DKNG) up 4% after Action Network said the company and Disney's (DIS) ESPN are near signing an exclusive partnership
  • Allogene Therapeutics (ALLO) up 3% after announcing the initiation of the potentially pivotal Phase 2 clinical trial of ALLO-501A, or ALPHA2 trial, in patients with relapsed/refractory large B-cell lymphoma


UP AFTER EARNINGS -

  • Aehr Test Systems (AEHR) up 8%


DOWN AFTER EARNINGS -

  • Levi Strauss (LEVI) down 5%
  • Tilray (TLRY) down 3%


LOWER -

  • AMD (AMD) down 5% after reporting sharply lower-than-expected preliminary Q3 revenue
  • CVS Health (CVS) down 5% after reporting on the impact from the change in its Star Ratings
  • Lyft (LYFT) down 4% after RBC Capital downgraded shares to Sector Perform from Outperform with a price target of $16, down from $30
  • Twitter (TWTR) down 1% after Bloomberg reported talks between Tesla (TSLA) CEO Elon Musk and the company to reach a resolution are stuck in part over Musk's statement that his offer is now contingent on receiving $13B in debt financing


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