Fly Intel: Pre-market Movers.
HIGHER: Uber (UBER), up after a number of analysts initiated shares with a Overweight or other Buy-equivalent ratings... Lyft (LYFT), up 3% after Citi analyst Itay Michaeli started the stock with a Buy rating and $70 price target... Sorrento Therapeutics (SRNE), up 5% after announcing that it has formed a Chinese joint venture, Shenzhen Yunma Biotechnology, with LifeTech Scientific to commercialize Sorrento's proprietary water soluble cannabidiol formulation technologies in Asia, excluding Japan... Fiat Chrysler (FCAU), up 3% after Reuters reported the company resolved differences with the French government as Renault (RNSDF) directors prepare to review the carmaker's $35B merger offer... LyondellBasell (LYB), up 2% after announcing it has ended discussions with Odebrecht concerning the potential acquisition of Braskem. UP AFTER EARNINGS: Coupa Software (COUP), up 7%... Tiffany (TIF), up 1%. DOWN AFTER EARNINGS: Box (BOX), down 15%. ALSO LOWER: Millicom (TIGO), down 10% after filing to sell 11M shares of common stock for holders... Ventas (VTR), down 3% after a 11M share spot secondary priced at $62.75 per share.
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Publication: | The Fly |
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Date: | Jun 4, 2019 |
Words: | 170 |
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