Market Movers - OCT 9th 2018
9 October 2018
Helen of Troy Limited
The stock price rose by a 4.3% reaching $128 in the pre-market session after the Company announced its Q2’18 results which were higher than the market expectation. It also gave a proper strategic FY19 guidance.
Share price decreased by 19.6% reaching $72.50 in the pre-market session after the Company reduced its FY18 earnings and sales guidance.
PPG Industries, Inc.
The Stock price went down by a 9.7% to $98.98 in the pre-market session after PPG Industries disclosed a weak forecast for Q3’18.
Papa John’s International, Inc.
Share price soared by an 8.9% to $54.90 in the pre-market session after the Wall Street Journal disclosed that Trian is in the early stages of assessing a bid for Papa John’s.
Nielsen Holdings plc
Share price went down by a 5.4% to $25.45 in the pre-market session after many Analysts following some rumours downgraded their holdings of the stock.
ACADIA Pharmaceuticals Inc.
ACAD shares dropped by a 4.8% reaching $20.09 in the pre-market trading after the Company disclosed in the most recent SEC filing that Natixis acquired new 22565 shares in the Company in Q2’18.
Pyxus International, Inc.
Tilray shares went up by a 19% reaching $45.80 in the pre-market session as the cannabis investors felt optimistic after Citron Research tweeted on Monday that PYX could double.
Tower Semiconductor Ltd.
Share price upshot by a 3.7% reaching $20.73 in the pre-market session after the disclosure that TowerJazz may report its Q3’18 earnings report on 29 October 2018.
The Stock price increased by 25% reaching $5.50 in the pre-market session after market sentiment went up when Analysts upgraded their ratings over the Company from buy to outperform.
Share price plummeted by a 25.5% reaching $3.45 in the pre-market session after the Company reported a clinical hold on AMF11 after witnessing serious adverse events in 3 patients, out of which 1 is dead and 2 encountered life-threatening events.