<link rel='stylesheet' href='https//fonts.googleapis.com/css?family=Roboto:400,500,700,400italic|Material+Icons'>
< Back to all Breaking News
KNBE, INTC, LOCO...
10/12/2022 08:10am
Fly Intel: Pre-market Movers

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


HIGHER -

  • KnowBe4 (KNBE) up 13% after announcing that it has entered into an agreement to be acquired by Vista Equity Partners in an all-cash transaction valued at approximately $4.6B on an equity value basis
  • El Pollo Loco (LOCO) up 14% after its board declared a special dividend of $1.50 per share and approved a new share repurchase program with authorization to purchase up to $20M of shares
  • Intel (INTC) up 1% after Bloomberg reported the company is planning a major reduction in headcount, likely numbering in the thousands, to cut costs and cope with a slowing personal-computer market


UP AFTER EARNINGS -

  • PepsiCo (PEP) up 2%
  • Superior Drilling (SDPI) up 4%


DOWN AFTER EARNINGS -

  • Genetron (GTH) down 3%
  • Wipro (WIT) down 1%


LOWER -

  • Philips (PHG) down 11% after reporting preliminary Q3 results
  • Owens & Minor (OMI) down 16% after providing Q3 guidance below expectations and cutting its FY23 outlook
  • Cameco (CCJ) down 12% after partnering with Brookfield Renewable (BEP) to acquire Westinghouse Electric Company in a deal with a total enterprise value for Westinghouse of $7.875B

dynamic_feed Breaking News