U.S. STOCKS ON THE MOVE-Ambarella, BeyondSpring, OceanPal, Allbirds
01/12/2021 18:13
* Eikon search string for individual stock moves: STXBZ
* The Day Ahead newsletter: http://tmsnrt.rs/2ggOmBi
* The Morning News Call newsletter: http://tmsnrt.rs/2fwPLTh
Wall Street's main indexes rebounded more than 1% on Wednesday as investors
appeared to look past concerns over rising inflation and the new Omicron
coronavirus variant, while shares of Merck rose on progress in approval of its
COVID-19 pill. .N
At 12:53 pm ET, the Dow Jones Industrial Average .DJI was up 0.83% at
34,768.83. The S&P 500 .SPX was up 1.25% at 4,624.31 and the Nasdaq Composite
.IXIC was up 0.94% at 15,683.074.
The top three S&P 500 .PG.INX percentage gainers:
** Vertex Pharmaceuticals Corp VRTX.OQ , up 7.7%
** Hp Inc HPQ.N , up 6.2%
** Applied Materials Inc AMAT.OQ , up 5.7%
The top three S&P 500 .PL.INX percentage losers:
** Moderna Inc MRNA.OQ , down 10.2%
** Salesforce.com Inc CRM.N , down 8.3%
** Fortinet Inc FTNT.OQ , down 5.1%
The top NYSE .PG.N percentage gainer:
** Build A Bear Workshop BBW.N , up 31.8%
The top NYSE .PL.N percentage loser:
** Knot Offshore Partners LP KNOP.N , down 12.7%
The top three Nasdaq .PG.O percentage gainers:
** Arbutus Biopharma Corp ABUS.O , up 80.1%
** Oceanpal Inc OP.O , up 59.4%
** MDJM Ltd MDJH.O , up 52.8%
The top three Nasdaq .PL.O percentage losers:
** Beyondspring Inc BYSI.O , down 56%
** Pioneer Power So PPSI.O , down 24.7%
** Cumberland Pharmaceuticals Inc CPIX.O , down 24.1%
** Merck MRK.N : up 1.8%
BUZZ- Jumps after FDA panel narrowly votes to back COVID-19 pill urn:newsml:reuters.com:*:nL4N2SM2DC
** Longeveron LGVN.O : down 15.7%
BUZZ- Drops on $20.5 mln private placement deal urn:newsml:reuters.com:*:nL4N2SM2MB
** CTI BioPharma CTIC.O : down 19.2%
BUZZ- Falls after FDA extends cancer drug review period urn:newsml:reuters.com:*:nL4N2SM2OY
** Nio Inc NIO.N : up 1.7%
BUZZ- Up on strong November deliveries urn:newsml:reuters.com:*:nL4N2SM2OJ
** Salesforce CRM.N : down 8.3%
BUZZ- Dips on poor forecast; Street says problems are short term urn:newsml:reuters.com:*:nL4N2SM2TG
** Aditxt ADTX.O : down 26.1%
BUZZ- Eyes record low on stock, warrants offering plan urn:newsml:reuters.com:*:nL4N2SM2ST
** Twitter Inc TWTR.N : up 1.5%
BUZZ-Dorsey's exit could pave way for Twitter's acquisition - Saxo Bank
urn:newsml:reuters.com:*:nL4N2SM2T0
** Krystal Biotech KRYS.O : down 11.1%
BUZZ- Dips on $200 mln equity offering urn:newsml:reuters.com:*:nL1N2SM0UK
** Deciphera Pharmaceuticals Inc DCPH.O : down 3.7%
BUZZ-Analysts slash PTs on Deciphera citing dour near-term outlook urn:newsml:reuters.com:*:nL4N2SM2X5
** Box Inc BOX.N : up 12.3%
BUZZ- Up on strong Q3 results, PT raises urn:newsml:reuters.com:*:nL4N2SM2SQ
** Ardelyx ARDX.O : up 24.1%
BUZZ- Jumps 25% on plans to launch bowel disease therapy urn:newsml:reuters.com:*:nL4N2SM2WH
** Sage Therapeutics Inc SAGE.O : down 1.1%
** Biogen Inc BIIB.O : down 0.3%
BUZZ- Rise on promising depression drug data urn:newsml:reuters.com:*:nL4N2SM2WJ
** Kaixin KXIN.O : up 3.5%
BUZZ- Up on new energy vehicles' production, sales target urn:newsml:reuters.com:*:nL4N2SM30I
** Altimeter Growth Corp AGC.O : down 7.3%
BUZZ- Gains after shareholders approve SPAC deal with Grab urn:newsml:reuters.com:*:nL4N2SM32B
** BioXcel BTAI.O : down 9.8%
BUZZ- Poised for 1-1/2 yr low as FDA extends review of agitation drug
urn:newsml:reuters.com:*:nL4N2SM32Y
** Build-A-Bear Workshop BBW.N : up 31.8%
BUZZ- Gains after raising annual sales forecast urn:newsml:reuters.com:*:nL4N2SM336
** SAB Biotherapeutics SABS.O : up 3.4%
BUZZ- Surges after flu treatment meets study goal urn:newsml:reuters.com:*:nL4N2SM337
** OceanPal Inc OP.O : up 59.4%
BUZZ-Recently spun-off OceanPal set to double in second day of trading
urn:newsml:reuters.com:*:nL4N2SM347
** VBI Vaccines VBIV.O : up 0.7%
BUZZ-VBI Vaccines jumps on hepatitis B shot approval urn:newsml:reuters.com:*:nL4N2SM357
** Ambarella AMBA.O : up 23.2%
BUZZ- Set to hit record high after 'impressive' qtr urn:newsml:reuters.com:*:nL4N2SM2VS
** ImmunoGen IMGN.O : up 14.4%
BUZZ-ImmunoGen slips after launching $175 mln stock offering urn:newsml:reuters.com:*:nL1N2SM16C
** BeyondSpring BYSI.O : down 56%
BUZZ- Dives after FDA declines to approve blood disorder drug urn:newsml:reuters.com:*:nL4N2SM3BE
** Trip Advisor TRIP.O : up 0.9%
** Booking Holdings BKNG.O : up 1%
** Hyatt Hotels H.N : up 2.8%
** Marriott International MAR.O : up 0.3%
** MGM Resorts MGM.N : up 1.9%
** Las Vegas Sands Corp LVS.N : up 0.1%
BUZZ-Travel stocks bounce back after Omicron-driven rout urn:newsml:reuters.com:*:nL4N2SM39Z
** Vertex Pharmaceuticals Inc VRTX.O : up 7.7%
BUZZ- Up on positive data from kidney disorder treatment urn:newsml:reuters.com:*:nL4N2SM3CF
** G-III GIII.O : up 3.7%
BUZZ- Jumps after raising full-year profit forecast urn:newsml:reuters.com:*:nL4N2SM35R
** Petroleo Brasileiro PBR.N : up 2.5%
BUZZ-U.S. shares of Petrobras rise on privatization comments urn:newsml:reuters.com:*:nL4N2SM3DA
** Chevron Corp CVX.N : up 1.3%
** ExxonMobil XOM.N : up 2.0%
** Occidental Petroleum Corp OXY.N : up 0.7%
** Schlumberger NV SLB.N : up 1.5%
** Halliburton Co HAL.N : up 0.6%
** Baker Hughes Co BKR.N : up 2.2%
** Valero Energy Corp VLO.N : up 3.9%
** Phillips 66 PSX.N : up 1.4%
** PBF Energy Inc PBF.N : up 2.8%
BUZZ-Oil stocks climb ahead of OPEC meeting, analysts see production slowdown
urn:newsml:reuters.com:*:nL4N2SM3CM
** Marvell Technology MRVL.O : up 3.3%
BUZZ-Marvell Technology up, brokerage raises PT before Q3 results urn:newsml:reuters.com:*:nL4N2SM3CY
** OceanPal Inc OP.O : up 59.4%
BUZZ-Recently spun-off OceanPal set to double in second day of trading
urn:newsml:reuters.com:*:nL4N2SM347
** Riot Blockchain RIOT.O : up 5%
BUZZ-Riot Blockchain rises on acquisition of Ess Metron urn:newsml:reuters.com:*:nL4N2SM3CW
** Miner Newmont Corp NEM.N : up 1.3%
** Barrick Gold Corp GOLD.N : up 0.2%
** Harmony Gold Mining Co Ltd HMY.N : up 0.2%
** Sibanye Stillwater Ltd SBSW.N : up 1.3%
** Yamana Gold Inc AUY.N : up 0.4%
** Kinross Gold Corp KGC.N : up 1.9%
BUZZ-Gold stocks gain as investors pursue safe haven amid Omicron volatility
urn:newsml:reuters.com:*:nL4N2SM3KL
** Accenture ACN.N : up 3.2%
BUZZ- Rises on acquiring technology consulting firm Headspring urn:newsml:reuters.com:*:nL4N2SM3LK
** Moleculin Biotech MBRX.O : up 1.9%
BUZZ- Rises as FDA accepts clinical trial application for cancer therapy
urn:newsml:reuters.com:*:nL4N2SM3MS
** Salesforce CRM.N : down 8.3%
BUZZ-Salesforce dips on poor forecast; Street says problems are short term
urn:newsml:reuters.com:*:nL4N2SM3MO
** Allbirds BIRD.O : down 15.9%
BUZZ-Allbirds shares trip on larger-than-expected loss urn:newsml:reuters.com:*:nL4N2SM3LD
** JPMorgan & Chase JPM.N : up 1.8%
** Goldman Sachs GS.N : up 1.4%
** Morgan Stanley MS.N : up 2.3%
** Well Fargo & Co WFC.N : up 2.1%
** Bank of America Corp BAC.N : up 1%
BUZZ-Major U.S. lenders bounce back on Powell's hawkish tilt urn:newsml:reuters.com:*:nL4N2SM3NM
** Moderna MRNA.O : down 10.2%
BUZZ- Drops after losing appeal challenging Arbutus vaccine patents
urn:newsml:reuters.com:*:nL4N2SM3OH
** ImmunoGen Inc IMGN.O : up 14.4%
BUZZ- Leaps to 7-month high ahead of planned equity raise urn:newsml:reuters.com:*:nL1N2SM1PF
** Vertex Energy VTNR.O : up 11.8%
BUZZ- Surges after Credit Suisse initiates with 'outperform' urn:newsml:reuters.com:*:nL4N2SM3QJ
** Philip Morris PM.N : up 3%
BUZZ- Sees strong IQOS momentum; shares jump urn:newsml:reuters.com:*:nL4N2SM3R1
The 11 major S&P 500 sectors:
Communication Services .SPLRCL up 0.38%
Consumer Discretionary .SPLRCD up 0.84%
Consumer Staples .SPLRCS up 1.21%
Energy .SPNY up 1.44%
Financial .SPSY up 1.32%
Health .SPXHC up 1.55%
Industrial .SPLRCI up 1.26%
Information Technology .SPLRCT up 1.48%
Materials .SPLRCM up 1.59%
Real Estate .SPLRCR up 1.44%
Utilities .SPLRCU up 2.21%
(Compiled by Dania Nadeem in Bengaluru)
((Dania.Nadeem@thomsonreuters.com))