Market Movers, August.08

ROKU was up 12.61% on 3390000 shares traded in the afterhours after smashing analysts expectation and reporting strong growth. Click the snapshots for the full report

Symantec was up 12% in the afterhours after reports that they had resumed buy out talks with Broadcom. Volume was 2130000. Read more

CVNA was up 19% on 246620 in trading volume after reporting strong operating results

Going to have to look more into that Gift.

GDOT was down 34.41% in the afterhours on 255 770 shares traded after lowering guidance. Read more

ANGI  was down 23.10% in the afterhours on 690040 shares traded after reporting disappointing earnings results

WMGI was down 18.75% after missing on analyst estimates. by 15 cents. Upgrades guidance. Read more

Dynavax was down 16.39% on 115320 shares traded in the afterhours after reporting a net loss of 66 cents per shares

7:04am, DBVT is up 16% on 4,148 shares after submitting Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for Viaskin® Peanut for the treatment of peanut-allergic children ages 4 to 11 years old. Link.

On July.5th at 6:35am, DBVT was up 24% after thefly reported “Analyst Martial Descoutures of Oddo Bhf told Bloomberg in an email, “We expect a re-filing of Viaskin Peanuts in the U.S. in the next days or weeks, after company confirmed that they would like to submit a fresh application in the 3Q.” Link

7:21am, AMD up is 5% on 396 430 shares traded after it was reported “AMD announces Google, Twitter as customers with newest EPYC processor”. Read more at thefly.com

7:23am, UBER is up 4.36% on 9,792 in trading volume after the verge reported “New York City extends its cap on new Uber and Lyft vehicles”

”  Today’s vote extends that cap for another 12 months, while also cutting deadheading — or the amount of time drivers spend without passengers in the car — for both companies from 41 percent to 31 percent”.

” As such, Uber and Lyft tried to downplay its significance while also signaling their disappointment with how the government in America’s biggest city treats them. “The TLC continually attempts to shrink New Yorkers’ access to affordable and reliable transportation,” a Lyft spokesperson said”. Read more

On Tuesday, a Saudi investment fund filed a 13-F showing they had taken a $3.3 billion position in the company.

7:37am, Dow futures are up 39 points on 56,160 in trading volume

At 6:45am CVRS reported they entered into a definitive agreement to be acquired by Siemens Healthineers for $1.1 billion, or $4.28 per share, in an all-cash transaction. As of 7:39am it is up 75% on 469,572 in trading volume. Click the image for the full report

J.P Morgan downgrades Camping World Holdings, citing reduced profitability. Read more at thefly.com. The company is down 25.92% in the premarket on 227,836 in trading volume as of 8:55am

3D systems is down 17% in the premarket after it reported increased losses for Q2.

9:13am, RWLK is down 8.6% on 18,893 shares traded after missing analyst estimates by 49 cents per share

9:17am, GOGO is up 4% on 29,829 shares traded after backing “FY19 revenue view of $800M-$850M”, thefly.com reports.

On August. 06, North Peak Capital Management, LLC also filed a 13-G indicating they a 5.2% position in the company. Link

Vitamin Shop to be acquired by Liberty Tax for  $6.50 Per Share, Businesswire reports

Vintage Capital Management LLC filed a 13-D today indicating they provided $70 000 000 in financing to Liberty Tax through the purchase of shares priced at $12 per share. Link

Additional, a subsequent 13-D was filed indicating Brian R. Kahn, an affiliate of Vintange, beneficially owned 37% of Liberty Tax. Link

Dow opens up more than 100 points

“Glaukos and Avedro Announce Definitive Acquisition Agreement”, Yahoo reports

10:01am, ROKU up 19.5% on 7,900,061 shares

10:07am, Realogy Holdings Corp up 8.5% on 3,433,135 shares traded after reporting 2nd quarter earnings. Misses analyst expectations by 18 cents per share. Click the image for the full report.

10:59am, Dow up 186 points on 72,591,189 in trading volume

Dow up 317 points as of 4:47pm

Stay tuned for updates!

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