U.S. STOCKS ON THE MOVE-Forza X1, GlobalFoundries, Avient

Honest

12/08/2022 18:52

* Eikon search string for individual stock moves:  STXBZ 
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 Wall Street's main indexes rose on Friday, setting the S&P 500 and the Nasdaq
for a fourth straight week of gains on increasing evidence that inflation may
have peaked. .N 
    
    At 13:32 PM ET , the Dow Jones Industrial Average  .DJI  was up 0.83% at
33,614.16. The S&P 500  .SPX  was up 1.10% at 4,253.55 and the Nasdaq Composite
 .IXIC  was up 1.42% at 12,961.479.
 
 The top three S&P 500  .PG.INX  percentage gainers:
 ** ON Semiconductor Corp  ON.O , up 8.3%
 ** Broadridge Financial Solutions Inc  BR.N , up 7.4%
 ** PENN Entertainment Inc  PENN.O , up 5.8%
 
 The top three S&P 500  .PL.INX  percentage losers:
 ** Illumina Inc  ILMN.O , down 8.4%
 ** ResMed Inc  RMD.N , down 1.7%
 ** Coterra Energy Inc  CTRA.N , down 1.4%
 
 The top three NYSE  .PG.N  percentage gainers:
 ** Invitae Corp  NVTA.N , up 36.1%
 ** KORE Group Holdings Inc  KORE.N , up 27.7%
 ** Offerpad Solutions Inc  OPAD.N , up 26.3%
 
 The top three NYSE  .PL.N  percentage losers:
 ** CS Disco Inc  LAW.N , down 55.6%
 ** Olo Inc  OLO.N , down 34.5%
 ** SmartRent Inc  SMRT.N , down 30.1%
 
 The top three Nasdaq  .PG.O  percentage gainers:
 ** Forza X1 Inc  FRZA.O , up 90.8%
 ** Twin Vee Powercats Co  VEEE.O , up 62%
 ** ADDvantage Technologies Group Inc  AEY.O , up 41.8%
 
 The top three Nasdaq  .PL.O  percentage losers:
 **  Treasure Global Inc  TGL.O , down 51%
 ** Zhong Yang Financial Group Ltd  TOP.O , down 44.2%
 ** Co-Diagnostics Inc  CODX.O , down 30.9%
 
 
 ** Ryan Specialty Holdings Inc  RYAN.N : down 0.6%
  BUZZ - RBC downgrades Ryan Specialty to 'sector perform'  urn:newsml:reuters.com:*:nL4N2ZO1FV
 
 ** Teladoc Health Inc  TDOC.N : up 6.5%
  BUZZ - D.A. Davidson initiates coverage on Teladoc Health with 'buy' rating
 urn:newsml:reuters.com:*:nL4N2ZO1J7
    
 ** Illumina Inc  ILMN.O : down 8.4%
  BUZZ - Slumps as weak Q2 results fail to allay investor concerns  urn:newsml:reuters.com:*:nL4N2ZO21Z
    
 ** Payoneer Global Inc  PAYO.O : up 25.7%
  BUZZ - Jumps on raising 2022 revenue forecast, strong Q2 results  urn:newsml:reuters.com:*:nL4N2ZO24G
    
 ** Treasure Global Inc  TGL.O : down 51.0%
  BUZZ - Drops premarket following IPO pop  urn:newsml:reuters.com:*:nL1N2ZO0KM
   
 ** ADDvantage Technologies Group Inc  AEY.O : up 41.8%
  BUZZ - Surges on robust Q3 results  urn:newsml:reuters.com:*:nL4N2ZO26F
    
 ** Olo Inc  OLO.N : down 34.5%
  BUZZ - Falls on annual forecast cut  urn:newsml:reuters.com:*:nL4N2ZO285
    
 ** Absci Corp  ABSI.O : up 0.4%
  BUZZ - Extends gains as Cowen upgrades to 'outperform'  urn:newsml:reuters.com:*:nL4N2ZO25H
    
 ** VistaGen Therapeutics Inc  VTGN.O : down 12.6%
  BUZZ - Falls on pausing enrollment for social anxiety drug trial  urn:newsml:reuters.com:*:nL4N2ZO26M
    
 ** Toast Inc  TOST.N : up 9.9%
  BUZZ - Jumps on Q2 revenue beat, raised rev forecast  urn:newsml:reuters.com:*:nL4N2ZO28J
    
 ** Co-Diagnostics Inc  CODX.O : down 30.9%
  BUZZ - Tumbles as COVID testing demand shrinks  urn:newsml:reuters.com:*:nL4N2ZO2D5
    
 ** Pfizer Inc  PFE.N : up 3.6%
  BUZZ - Liability in Zantac litigation is limited- Wells Fargo  urn:newsml:reuters.com:*:nL4N2ZO2FI
    
 ** Larimar Therapeutics Inc  LRMR.O : up 28.8%
  BUZZ - Surges on plan to resolve clinical hold on rare disease drug
 urn:newsml:reuters.com:*:nL4N2ZO290
    
 ** Chicken Soup for the Soul Entertainment Inc  CSSE.O : down 12.3%
  BUZZ - Falls on bigger-than-expected Q2 loss  urn:newsml:reuters.com:*:nL4N2ZO28R
    
 ** Fisker's Inc  FSR.N : up 3.1%
  BUZZ - Shares shed premarket gains  urn:newsml:reuters.com:*:nL4N2ZO35G
    
 ** Inspire Medical Systems Inc  INSP.N : down 3.4%
  BUZZ - Slips on $215 mln stock offering  urn:newsml:reuters.com:*:nL1N2ZO0R3
    
 ** Unity Biotechnology Inc  UBX.O : up 67.0%
  BUZZ - Skyrockets on positive eye drug trial data  urn:newsml:reuters.com:*:nL4N2ZO2IZ
    
 ** Joby Aviation Inc  JOBY.N : up 4.5%
  BUZZ - Shares gain on smaller loss in Q2  urn:newsml:reuters.com:*:nL4N2ZO2KD
    
 ** Coinbase Global Inc  COIN.O : up 5.1%
  BUZZ - Edges up as BofA hikes PT on cost cuts  urn:newsml:reuters.com:*:nL4N2ZO2LX
    
 ** ProFrac Holding Corp  PFHC.O : up 6.5%
  BUZZ - Up on higher Q2 revenue; expects 'incremental improvement' in Q3
 urn:newsml:reuters.com:*:nL4N2ZO2LY
    
 ** Mister Car Wash Inc  MCW.N : down 9.3%
  BUZZ - Tumbles on cut in FY22 revenue, profit forecasts  urn:newsml:reuters.com:*:nL4N2ZO2LQ
    
 ** MVB Financial Corp MVBF.O>: up 3.1%
  BUZZ - Up on takeover offer for small business lender Integrated Financial
 urn:newsml:reuters.com:*:nL4N2ZO2QS
    
 ** CS Disco Inc  LAW.N : down 55.6%
  BUZZ - Plunges on FY revenue forecast cut  urn:newsml:reuters.com:*:nL4N2ZO2RN
    
 ** Certara Inc  CERT.O : down 14.0%
  BUZZ - Tumbles as EQT cuts stake in secondary offering  urn:newsml:reuters.com:*:nL1N2ZO0TU    
    
 ** CLPS Inc  CLPS.O : down 5.4%
  BUZZ - Names new CEO for California unit; shares down  urn:newsml:reuters.com:*:nL4N2ZO2UG
    
 ** Aptinyx Inc  APTX.O : down 31.1%
  BUZZ - Falls as pain drug fails another study  urn:newsml:reuters.com:*:nL4N2ZO2T5
    
 ** AirSculpt Technologies Inc  AIRS.O : up 27.9%
  BUZZ - Rises after posting higher Q2 revenue  urn:newsml:reuters.com:*:nL4N2ZO2VH
    
 ** Honest Companies Inc  HNST.O : up 2.6%
  BUZZ - Gains as Q2 revenue tops estimates  urn:newsml:reuters.com:*:nL4N2ZO2WC
    
 ** Prometheus Biosciences Inc  RXDX.O : up 3.0%
  BUZZ - CS raises PT for Prometheus on 'best-in-class' potential of IBD therapy
 urn:newsml:reuters.com:*:nL4N2ZO2XG
    
 ** Acer Therapeutics Inc  ACER.O : up 1.3%
  BUZZ - Rises after gaining EU's 'orphan drug' tag  urn:newsml:reuters.com:*:nL4N2ZO2WJ
    
 ** Rocket Lab USA Inc  RKLB.O : up 19.0%
  BUZZ - soars on Q2 revenue beat, strong forecast  urn:newsml:reuters.com:*:nL4N2ZO352
    
 ** Rapid Micro Biosystems Inc  RPID.O : down 6.8%
  BUZZ - Falls on rejecting take-private offer  urn:newsml:reuters.com:*:nL4N2ZO2QH
    
 ** Guardant Health Inc  GH.O : up 2.4%
  BUZZ - Up as FDA approves biopsy test  urn:newsml:reuters.com:*:nL4N2ZO31P
    
 ** Rani Therapeutics Holdings Inc  RANI.O : up 34.1%
  BUZZ - Rebounds after co scraps stock offering  urn:newsml:reuters.com:*:nL1N2ZO16C
    
 ** Expensify Inc  EXFY.O : down 7.5%
  BUZZ - Tumbles on Q2 loss, revenue miss  urn:newsml:reuters.com:*:nL4N2ZO2MS
    
 ** Teekay Corp  TK.N : up 8.0%
  BUZZ - Jumps on $30 mln share repurchase program  urn:newsml:reuters.com:*:nL4N2ZO32T
    
 ** Real Good Food Co Inc  RGF.O : up 3.5%
  BUZZ - Jumps on raising low end of 2022 sales forecast range  urn:newsml:reuters.com:*:nL4N2ZO33Z
    
 ** Portillo’s Inc  PTLO.O : down 9.9%
  BUZZ - Drops on pricing 8 mln share secondary offering  urn:newsml:reuters.com:*:nL1N2ZO1BK
    
 ** Poshmark Inc  POSH.O : down 8.4%
  BUZZ - Falls on bigger-than-expected quarterly loss, PT cut  urn:newsml:reuters.com:*:nL4N2ZO35C
    
 ** Novavax Inc  NVAX.O : up 4.4%
  BUZZ - Gains as South Korea clears use of COVID vaccine in adolescents
 urn:newsml:reuters.com:*:nL4N2ZO359
    
 ** Apartment Investment and Management Co  AIV.N : up 4.8%
  BUZZ - Shares gain on report investor activist pushes for sale  urn:newsml:reuters.com:*:nL4N2ZO344
    
 ** Sientra Inc  SIEN.O : down 23.8%
  BUZZ - Falls on lowering FY revenue forecast  urn:newsml:reuters.com:*:nL4N2ZO34B
    
 ** Diebold Nixdorf Inc  DBD.N : down 2.2%
  BUZZ - Drops as JPMorgan downgrades on 'low quality' Q2 report  urn:newsml:reuters.com:*:nL4N2ZO2XM
    
 ** Spectrum Brands Holdings Inc  SPB.N : down 0.6%
  BUZZ - Falls on lowering FY sales growth forecast  urn:newsml:reuters.com:*:nL4N2ZO38U 
    
 ** Reborn Coffee Inc  REBN.O : up 16.6%
  BUZZ - Surges after upsized IPO  urn:newsml:reuters.com:*:nL1N2ZO1GC 
    
 ** Lexicon Pharmaceuticals Inc  LXRX.O : up 13.6%
  BUZZ - Rises after Piper Sandler starts coverage with 'overweight'
 urn:newsml:reuters.com:*:nL4N2ZO3AB 
    
 ** RealReal Inc  REAL.O : down 9.3%
  BUZZ - Falls as Cowen downgrades on 'bumpy' path to profitability  urn:newsml:reuters.com:*:nL4N2ZO3AU
    
 ** Forza X1 Inc  FRZA.O : up 90.8%
  BUZZ - Zooms in public debut  urn:newsml:reuters.com:*:nL1N2ZO1NE 
    
 ** GlobalFoundries Inc  GFS.O : up 12.2%
  BUZZ - Hits 4-1/2 month high as BofA adds chipmaker to U.S. 1 list
 urn:newsml:reuters.com:*:nL4N2ZO3C5 
    
 ** Avient Corp  AVNT.N : up 6.9%
  BUZZ - Rises on sale of Distribution business, PT raise  urn:newsml:reuters.com:*:nL4N2ZO37R 
    
 ** 4D Molecular Therapeutics Inc  FDMT.O : down 7.7%
  BUZZ - Falls on 'head scratcher' trial expansion  urn:newsml:reuters.com:*:nL4N2ZO3BN 
    
 ** Palisade Bio Inc  PALI.O : down 29.1%
  BUZZ - Slumps to record low on $12 mln public offering  urn:newsml:reuters.com:*:nL4N2ZO3CB
    
 ** Broadridge Financial Solutions Inc  BR.N : up 7.4%
  BUZZ - Climbs on upbeat Q4 results, 13% dividend raise  urn:newsml:reuters.com:*:nL4N2ZO3DY
 The 11 major S&P 500 sectors:
 
 Communication Services   .SPLRCL   up 1.31%
 Consumer Discretionary   .SPLRCD   up 1.20%
 Consumer Staples         .SPLRCS   up 0.42%
 Energy                   .SPNY     down 0.07%
 Financial                .SPSY     up 1.00%
 Health                   .SPXHC    up 0.97%
 Industrial               .SPLRCI   up 0.79%
 Information Technology   .SPLRCT   up 1.57%
 Materials                .SPLRCM   up 1.42%
 Real Estate              .SPLRCR   up 0.92%
 Utilities                .SPLRCU   up 1.12%
 
 (Compiled by Rajarshi Roy and Ankit Kumar)
 ((Rajarshi.Roy@thomsonreuters.com))