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CIEN, EXPR, RENT...
12/8/2022 08:12am
Fly Intel: Pre-market Movers
Check out this morning's top movers from around Wall Street, compiled by The Fly.
HIGHER -
- JPMorgan (JPM) up 1% after Piper Sandler analyst R. Scott Siefers initiated coverage of the stock with an Overweight rating and $150 price target
UP AFTER EARNINGS -
- Express (EXPR) up 59%
- Ciena (CIEN) up 17%
- Rent The Runway (RENT) up 15%
- GameStop (GME) up 2%
DOWN AFTER EARNINGS -
- Sportman's Warehouse (SPWH) down 8%
LOWER -
- Relmada Therapeutics (RLMD) down 39% after announcing its RELIANCE I study evaluating REL-1017 as an adjunctive treatment for Major Depressive Disorder did not meet its primary endpoint
- Cano Health (CANO) down 18% after Bloomberg reported Daniel Loeb's Third Point sold its remaining stake in Cano amid concerns around the company's liquidity
- Principal Financial (PFG) down 2% after Credit Suisse analyst Andrew Kligerman downgraded shares to Underperform from Neutral with an unchanged price target of $86