Posts filtered by tags: Mover[x]


 

Churchill Capital Corp. IV spikes up to 17% after Barstool Sports founder Dave Portnoy says he bought the stock

Getty Images / Cliff Hawkins Churchill Capital Corp IV spiked up to 17% on Friday after Barstool Sports founder Dave Portnoy tweeted that he bought the stock.The EV maker has had a volatile week, with shares down 52% since it announced its planned merger with Lucid Motors."I had a billion people tell me $CCIV was the go button today. I bought it. I'll prob get killed," Portnoy tweeted.Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Shares of Churchill Capital Corp...
Tags: Finance, Trends, Markets, Trading, Warren Buffett, Stock Market, Robinhood, Churchill, Portnoy, Matthew Fox, Barstool Sports, Lucid Motors, Dave Portnoy, Mover, Churchill Capital, Churchill Capital Corp


Pandion Therapeutics soars 132% after Merck agrees to buy the biotech for $1.85 billion

Merck & Co. CEO Kenneth C. Frazier Stephanie Keith / Stringer / Getty Images Pandion Therapeutics soared 132% on Thursday after Merck agreed to acquire the biotech firm for $1.85 billion.Merck will initiate a tender offer through a subsidiary to acquire all outstanding shares of Pandion for $60 per share.Pandion develops therapeutics targeting patients living with autoimmune diseases.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Merck sparked a 132% surge in Pandi...
Tags: Finance, Trends, Markets, Merck, Stock Market, Merck Co, Matthew Fox, Merck Research Laboratories, Pandion Therapeutics, Pandion, Mover, Merger and Acquisitions, Stock Market 2021, Merck stock, Merck stock price, Kenneth C Frazier Stephanie Keith Stringer Getty


People's United jumps 14% after M&T agrees to buy the regional bank for $7.6 billion

Lucas Jackson/Reuters People's United Financial surged 14% on Monday after M&T Bank agreed to acquire the regional bank for $7.6 billion.The proposed merger will be funded with stock, with M&T issuing 0.118 shares for each People's United share. The combined bank will have $200 billion in assets, with locations in 12 states on the East coast.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.People's United Financial surged as much as 14% on Monday after M&T Bank agre...
Tags: Banks, Trends, Markets, Stock Market, United, East, Mid Atlantic, M&T Bank, Matthew Fox, People s United, René Jones, Mover, Merger and Acquisitions, Stock Market 2021, Regional Banks, Lucas Jackson Reuters People s United Financial


People's United jumps 10% after M&T agrees to buy the regional bank for $7.6 billion

Lucas Jackson/Reuters People's United Financial surged 10% on Monday after M&T Bank agreed to acquire the regional bank for $7.6 billion.The proposed merger will be funded with stock, with M&T issuing 0.118 shares for each People's United share. The combined bank will have $200 billion in assets, with locations in 12 states on the East coast.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.People's United Financial surged as much as 10% on Monday after M&T Bank agre...
Tags: Banks, Trends, Markets, Stock Market, United, East, Mid Atlantic, M&T Bank, Matthew Fox, People s United, René Jones, Mover, Merger and Acquisitions, Stock Market 2021, Regional Banks, Lucas Jackson Reuters People s United Financial


EHang extends two-day decline to 72% after short-seller says drone company is a stock promotion

Getty Images / Xinhua News Agency EHang, a drone company based in China, extended its two-day decline to more than 70% after a negative short report.Wolfpack Research said in a report on Tuesday that EHang is an "elaborate stock promotion."EHang has responded to the report, calling it "deceptive" and "unsubstantiated."Sign up here for our daily newsletter, 10 Things Before the Opening Bell.EHang extended its two-day decline to more than 70% on Wednesday after a short-seller report from Wol...
Tags: Finance, China, Trends, Markets, Drones, Trading, Stock Market, Ehang, Short Sellers, Wolfpack, Matthew Fox, Mover, Wolfpack Research, Stock Market 2021, Getty Images Xinhua News Agency EHang, IPO Wolfpack


EHang snaps back from 63% decline after short-seller says drone company is a stock promotion

Getty Images / Xinhua News Agency EHang, a drone company based in China, snapped back from its 63% decline on Wednesday after a negative short report.Wolfpack Research said in a report on Tuesday that EHang is an "elaborate stock promotion."EHang has responded to the report, calling it "deceptive" and "unsubstantiated."Sign up here for our daily newsletter, 10 Things Before the Opening Bell.EHang snapped back from its 63% decline on Wednesday after a short-seller report from Wolfpack Resea...
Tags: Finance, China, Trends, Markets, Drones, Trading, Stock Market, Ehang, Short Sellers, Wolfpack, Matthew Fox, Mover, Wolfpack Research, Stock Market 2021, Getty Images Xinhua News Agency EHang, IPO Wolfpack


Generac soars 10% amid surging demand for generators as historic Texas snowstorm leads to state-wide blackouts

Montinique Monroe/Getty Images Generac soared as much as 10% on Tuesday to record highs amid surging demand for its backup generators.The strong demand for residential generators could increase after a historic snowstorm blanketed Texas with snow and led to state-wide blackouts.Generac is up nearly 60% year-to-date and revealed a strong order backlog for its products in its earnings report.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Shares of Generac soared as ...
Tags: Texas, California, Trends, Markets, Bank Of America, Stock Market, Goldman, Gamestop, EBITDA, Stifel, BofA, Generac, Matthew Fox, Mover, Analyst Note, Montinique Monroe Getty


Fisker spikes 26% after Morgan Stanley says its 'deceptively low execution risk' makes it stand out in crowded EV space

The Fisker Ocean. Fisker Fisker Inc. spiked 26% on Friday after Morgan Stanley initiated the EV company with an Overweight rating. Morgan Stanley set a $27 price target for the company, representing 76% potential upside.Fisker has "deceptively low execution risk" that makes it stand out in the crowded EV space, Morgan Stanley said.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Fisker Inc. spiked as much as 26% on Friday following a bullish initiation note from Morg...
Tags: Trends, Markets, Ocean, Barclays, Stocks, Stock Market, Morgan Stanley, Jonas, Movers, Ev, Fisker, SPAC, Magna, Adam Jonas, Matthew Fox, Fisker Automotive


Globalstar extends 2-day surge to 142% after Qualcomm says it will use the company's technology in new 5G modem

Globalstar. Globalstar extended its two-day surge to 142% on Wednesday after a deal with Qualcomm sent the stock soaring Tuesday. "Qualcomm's support of Band n53 represents a significant milestone in our efforts to commercialize our spectrum," said Kyle Pickens, VP of Strategy. Globalstar's stock has jumped 780% year-to-date through Wednesday's intraday high. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Globalstar extended its two-day surge to 142% at intraday...
Tags: Nokia, Global, US, Trends, Markets, Stocks, Leo, Stock Market, Seattle, Goldman, Qualcomm, 5g, Movers, Globalstar, Mover, Will Daniel


Elon Musk says in a tweet that he bought dogecoin for his son, sparking a 16% surge in the 'meme' token

Reuters Elon Musk's tweet spree on Dogecoin continued on Wednesday after he said he bought some of the meme-based token for his son.The tweet sparked a swift 16% surge in the cryptocurrency."Bought some Dogecoin for lil X, so he can be a toddler hodler," Musk tweeted.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Elon Musk sparked another surge in Dogecoin on Wednesday after he tweeted to his 46 million followers that he bought some for his 9-month old son, X Æ A-...
Tags: Elon Musk, Finance, Trends, Markets, Tesla, Goldman, Gamestop, Movers, Musk, Markus, Dogecoin, Matthew Fox, Reuters Elon Musk, Billy Markus, Mover, Cryptocurrecny


Glu Mobile soars 34% after Electronic Arts agrees to $2.4 billion takeover

Andrew Wilson, CEO of Electronic Arts Kevork Djansezian / Stringer Smartphone game developer Glu Mobile and Electronic Arts have agreed to a $2.4 billion merger.Glu Mobile developed the popular smartphone game, Kim Kardashian: Hollywood, among others.Shares of Glu surged as much as 34% on Tuesday following the takeover news. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Glu Mobile surged as much as 34% on Tuesday after Electronic Arts agreed to acquire the mobile ...
Tags: Mobile, Hollywood, Kim Kardashian, Finance, Trends, Markets, Glu Mobile, Ubs, Stock Market, Movers, Andrew Wilson, Electronic Arts, Glu, Matthew Fox, Mover, Stock Market 2021


Vaxart plummets 62% after its oral COVID-19 vaccine fails to produce antibodies

A trader reacts during the opening bell at the New York Stock Exchange (NYSE) on February 28, 2020 at Wall Street in New York City. JOHANNES EISELE/AFP via Getty Images Vaxart crashed as much as 62% on Wednesday after the company said its oral COVID-19 vaccine candidate did not produce antibodies.The results came from a preliminary data analysis of its Phase 1 trial of VXA-CoV2-1.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Vaxart said it observed positive prelim...
Tags: Wall Street, US, Trends, Markets, Trading, SEC, Stocks, Stock Market, Movers, Nyse, Afp, RBC Capital Markets, New York Stock Exchange NYSE, Matthew Fox, Vaxart, Mover


GW Pharmaceuticals soars 46% after Jazz Pharma agrees to $7.2 billion acquisition of the CBD biopharma company

Canada-based marijuana producer Aurora Cannabis pulled off a high sales volume during the early months of the coronavirus pandemic Denver Post via Getty GW Pharmaceuticals stock soared 46% on Wednesday after Jazz Pharma said it would buy the company for $7.2 billion.The proposed deal will include $200 in cash and $20 in shares of Jazz Pharma, and is expected to close in the second quarter of 2021.GW Pharma is the first company to receive FDA approval for medicine derived from the cannabis p...
Tags: UK, Trends, Markets, Canada, Jazz, Fda, Stock Market, Pharma, Merger, Jefferies, Movers, Gw, Denver Post, RBC Capital Markets, Jazz Pharmaceuticals, GW Pharmaceuticals


GW Pharmaceuticals soars 46% after Jazz Pharma agrees to $7.2 billion acquisition of the medical-marijuana company

Canada-based marijuana producer Aurora Cannabis pulled off a high sales volume during the early months of the coronavirus pandemic Denver Post via Getty GW Pharmaceuticals stock soared 46% on Wednesday after Jazz Pharma said it would buy the company for $7.2 billion.The proposed deal will include $200 in cash and $20 in shares of Jazz Pharma, and is expected to close in the second quarter of 2021.GW Pharma is the first company to receive FDA approval for medicine derived from the cannabis p...
Tags: UK, Trends, Markets, Canada, Jazz, Fda, Stock Market, Pharma, Merger, Jefferies, Movers, Gw, Denver Post, RBC Capital Markets, Jazz Pharmaceuticals, GW Pharmaceuticals


GameStop and AMC plunge by more than 50% as Reddit short squeeze begins to fade

Getty Images / Xinhua News Agency Reddit day traders are failing to hold the line, based on Tuesday's trading of GameStop and AMC.GameStop plunged by as much as 67% on Tuesday after falling by 31% on Monday.AMC Entertainment had fallen by 55% at intraday lows on Tuesday after trading flat on Monday.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The epic short-squeeze rallies fueled by traders on Reddit's Wall Street Bets forum are unwinding, based on Tuesday's tra...
Tags: Finance, Amc, Trends, Markets, Reddit, Stocks, Stock Market, Gamestop, Movers, Wells Fargo, Matthew Fox, AMC Entertainment, Mover, Gamestop stock price, Stock Market 2021, Gamestop Stock


GameStop and AMC plunge more than 50% as Reddit short squeeze begins to fade

Getty Images / Xinhua News Agency Reddit day-traders are failing to hold the line, based on Tuesday's trading activity of GameStop and AMC Entertainment.GameStop plunged as much as 67% on Tuesday after falling 31% in Monday's trading session.AMC Entertainment fell 55% at intraday lows on Tuesday after trading flat on Monday. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The epic short-squeeze rallies fueled by Reddit's WallStreetBets traders are beginning to unw...
Tags: Finance, Amc, Trends, Markets, Reddit, Stocks, Stock Market, Gamestop, Movers, Wells Fargo, Matthew Fox, AMC Entertainment, Mover, Gamestop stock price, Stock Market 2021, Gamestop Stock


Novavax spikes 76% after UK study shows its COVID-19 vaccine is 89% effective

Joe Raedle/Getty Images Novavax soared 76% on Friday after a UK study on its COVID-19 vaccine demonstrated 89% efficacy in preventing the virus.The vaccine demonstrated clinical efficacy against the UK and South Africa variant strains.Novavax's efficacy results edged out Johnson and Johnson's, which helped boost shares even further.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Novavax soared as much as 76% on Friday after a UK study on its COVID-19 vaccine candid...
Tags: UK, Trends, Markets, South Africa, Reddit, Stocks, Fda, Johnson, Stock Market, Gamestop, Movers, Novavax, Joe Raedle Getty, Matthew Fox, Novavax Stock, Mover


Novavax spikes 67% after UK study shows its COVID-19 vaccine is 89% effective

Joe Raedle/Getty Images Novavax soared 67% on Friday after a UK study on its COVID-19 vaccine demonstrated 89% efficacy in preventing the virus.The vaccine demonstrated clinical efficacy against the UK and South Africa variant strains.Novavax's efficacy results edged out Johnson and Johnson's, which helped boost shares even further.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Novavax soared as much as 67% on Friday after a UK study on its COVID-19 vaccine candid...
Tags: UK, Trends, Markets, South Africa, Reddit, Stocks, Fda, Johnson, Stock Market, Gamestop, Movers, Novavax, Joe Raedle Getty, Matthew Fox, Novavax Stock, Mover


Novavax spikes 49% after UK study shows its COVID-19 vaccine is 89% effective

Joe Raedle/Getty Images Novavax soared 49% on Friday after a UK study on its COVID-19 vaccine demonstrated 89% efficacy in preventing the virus.The vaccine demonstrated clinical efficacy against the UK and South Africa variant strains.Novavax's efficacy results edged out Johnson and Johnson's, which helped boost shares even further.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Novavax soared as much as 49% on Friday after a UK study on its COVID-19 vaccine candid...
Tags: UK, Trends, Markets, South Africa, Reddit, Stocks, Fda, Johnson, Stock Market, Gamestop, Movers, Novavax, Joe Raedle Getty, Matthew Fox, Novavax Stock, Mover


These 7 Reddit stock darlings are cratering as brokerages restrict buying in hot names

Mateusz Slodkowski/SOPA Images/LightRocket via Getty Images A controversial decision by brokerage firms to limit buying in certain high-flying stocks led to sizable intraday declines in so-called Reddit darlings on Thursday.Robinhood and Interactive Brokers took action to limit buying after an epic short-squeeze in GameStop sparked by Reddit traders spilled over into a handful of other stocks.Detailed below are the seven Reddit stocks that cratered on Thursday.Sign up here for our daily ne...
Tags: Amc, Trends, Markets, Reddit, Stocks, Stock Market, Robinhood, Gamestop, Movers, Short Sellers, Short Selling, Matthew Fox, Express Inc, Mover, Retail Investing, Retail Investors


10 highly shorted stocks are soaring as Reddit traders wage war against top Wall Street hedge funds

Reuters / Lucas Jackson The Wall Street Bets forum on Reddit - now 3 million members strong - is flexing its muscle against hedge funds.The forum has sparked an epic short squeeze in shares of GameStop, which is now spilling over into other highly shorted stocks.Detailed below are the 10 highly shorted stocks that are soaring at the expense of many hedge funds.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.An extreme level of herd mentality led by Reddit's 3 milli...
Tags: Amc, Trends, Markets, Virgin Galactic, Reddit, Trading, Stocks, Stock Market, Goldman, Gamestop, Movers, Reuters, Short Sellers, Short Selling, Ligand, Citadel


These 10 highly-shorted stocks are soaring as Reddit traders wage war against top Wall Street hedge funds

Reuters / Lucas Jackson The WallStreetBets forum on Reddit - now 3 million members strong - is flexing its muscle against hedge funds.The forum has sparked an epic short squeeze in shares of GameStop, which is now spilling over into other highly shorted stocks.Detailed below are the 10 highly shorted stocks that are soaring at the expense of many hedge funds.Sign up here for our daily newsletter, 10 Things Before the Opening Bell. An extreme level of herd mentality led by Reddit's 3 millio...
Tags: Mac, Amc, Trends, Markets, Virgin Galactic, Reddit, Trading, Stocks, Stock Market, Goldman, Gamestop, Movers, Reuters, Short Sellers, Short Selling, Ligand


Billionaire investor Chamath Palihapitiya follows Reddit investors into GameStop with purchase of bullish options that start paying out if the stock soars another 28%

Brian Ach/Getty Billionaire investor Chamath Palihapitiya joined Reddit investors and piled into GameStop with a purchase of bullish call options on Tuesday.Palihapitiya tweeted on Tuesday that he purchased $115 call options that expire on February 19."Let's gooooooo!!!!!!!!" Palihapitiya tweeted.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Chamath Palihapitiya has followed investors of the popular WallStreetBets forum on Reddit and bought out-of-the-money call ...
Tags: Trends, Markets, Reddit, Goldman, Gamestop, Movers, Chamath Palihapitiya, Short Sellers, Citadel, Steve Cohen, Ken Griffin, Options, GME, Matthew Fox, Melvin Capital, Palihapitiya


Chewy founder Ryan Cohen has reaped a 1,700% return from a $76 million GameStop investment he made last year

Ryan Cohen Chewy.com co-founder Ryan Cohen acquired a 12.9% stake in GameStop last year for $76 million.At Monday's high of $159.18, Cohen's stake in the video game retailer had swelled to $1.4 billion, good for a roughly 1,700% return.Cohen recently gained three board seats and is pushing the company to transform into a specialized e-commerce retailer. Sign up here for our daily newsletter, 10 Things Before the Opening Bell.Activist investor Ryan Cohen's investment into GameStop last year...
Tags: Trends, Markets, Reddit, Stock Market, Gamestop, Movers, Petsmart, Cohen, Chewy, Matthew Fox, Ryan Cohen, Mover, Gamestop stock price, Stock Market 2021, Gamestop Stock, Ryan Cohen Chewy


BlackBerry extends its week-long rally to more than 100% after patent settlement with Facebook

John Chen, CEO of BlackBerry, gives an interview following the opening of his company's stock at the New York Stock Exchange (NYSE) in New York, U.S., October 16, 2017. Brendan McDermid/Reuters BlackBerry soared as much as 40% on Monday as it extended its gains from a patent settlement with Facebook announced earlier this month.Since the announcement, shares of BlackBerry have more than doubled to the $20 level.The terms of the patent settlement between the two technology companies were...
Tags: Amazon, Facebook, New York, Trends, Markets, Aws, Blackberry, Movers, Nyse, Brendan McDermid Reuters, John Chen, New York Stock Exchange NYSE, Matthew Fox, Facebook BlackBerry, Mover, BlackBerry stock


Climate Change SPAC soars 80% amid plans to merge with electric-vehicle charging network EVgo

Jackyenjoyphotography/Getty Images Electric vehicle charging network EVgo is going public via a merger with the Climate Change Crisis Real Impact I SPAC.The merger will value EVgo at $2.6 billion and raise $575 million in proceeds for the company to expand its charging network.Shares of the Climate Change SPAC soared as much as 80% in Friday trades.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.The Climate Change Crisis Real Impact I SPAC soared as much as 80% on ...
Tags: Lyft, Finance, Trends, Markets, Tesla, Electric Vehicles, Trading, Stocks, Stock Market, Goldman, Movers, SPAC, David Crane, Matthew Fox, Mover, SPAC IPO


Affirm extends its 2-day post-IPO surge to 160%

Affirm Affirm continued its post-IPO winning streak on Thursday. The stock has now surged as much as 160% in just two days of public trading. The online installment loan provider recently , selling 24.6 million shares for $49 each. Since Affirm's founding, more than 6 million consumers have used the online lender to pay overtime. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Affirm extended its two-day post-IPO streak on Thursday as shares surged 31% at intrad...
Tags: Trends, Markets, Peter Thiel, SEC, Stocks, Stock Market, Nasdaq, Max Levchin, Affirm, Movers, Spark Capital, GIC, Levchin, Tech Stocks, Mover, Stock Mover


Elon Musk tweeted a meme that helped spark a 4% jump in a Japanese video game stock

Mike Blake/Reuters Shares of Bandai Namco, a Japanese video game maker, surged as much as 4% after Elon Musk tweeted a meme that included a character from one of its properties."Hey you...Yeah you Queen...You're gonna make it!" Musk tweeted to his 42 million followers along with an accompanying image.Sign up here our daily newsletter, 10 Things Before the Opening Bell.A Tuesday night tweet of a meme from Elon Musk is all it took for shares of Bandai Namco to surge 4% in Wednesday trades."H...
Tags: Twitter, Elon Musk, Finance, Trends, Markets, Trading, Stocks, Stock Market, Goldman, Movers, Musk, Meme, Bandai Namco, Mike Blake, Namco, Matthew Fox


Zomedica has soared 270% since Carole Baskin of 'Tiger King' promoted the company in a Cameo video

Josh Pieters and Archie Manners Shares of Zomedica have soared as much as 270% since a video surfaced online that shows Carole Baskin of Netflix's hit show "Tiger King" promoting the company and one of its products.The video appears to have been made for a user of the Cameo app, where Baskin will record minute long messages for $299."I don't know if you guys have heard about Zomedica, but they help our veterinarians and our furry friends," Baskin said.Sign up here our daily newsletter, 10 ...
Tags: Trends, Markets, Netflix, Trading, Stocks, Stock Market, Goldman, Movers, Baskin, Matthew Fox, Penny Stock, Carole Baskin, Penny Stocks, Cameo app, Mover, Josh Pieters


EV startup Faraday Future targets $3 billion public debut as SPAC craze continues

The Faraday Future FF91. Lucy Nicholson/Reuters EV startup Faraday Future is looking to go public via a merger with a SPAC, Bloomberg reported. Property Solutions Acquisition Corp is in talks with Faraday to bring the EV maker public at a valuation of about $3 billion, according to Bloomberg.Property Solutions traded up as much as 21% following the report.Visit Business Insider's homepage for more stories.The SPAC craze has continued into 2021 as electric vehicle startup Faraday Future look...
Tags: Trends, Markets, Tesla, Bloomberg, Nvidia, Trading, Stocks, Stock Market, Movers, Faraday, Faraday Future, Reuters, Ev, SPAC, Jia Yueting, Lucy Nicholson