Market Movers - OCT 5th 2018
5 October 2018
Costco Wholesale Corporation
COST went down by a 2.5% reaching $226.03 in the pre-market session after the Company announced its under control Q4’18 reports and also disclosed that it expects to report ‘material weakness’ in its internal controls.
The stock price plunged by a 3.3% reaching $272.61 in the pre-market session after Elon Musk tweeted regarding his confirmation to pay the penalty amount and to step down from the board for a period of 3 years.
The Stock price went up by a 5.1% to $152.91 in the pre-market session after the Company announced the pricing of its $450 million convertible senior notes.
Share price plummeted by a 3.4% to $51.55 in the pre-market session after Imperial Capital downgraded the stock from outperform to in-line.
Seattle Genetics, Inc.
Share price went up by a 5% to $83.38 in the pre-market session after the Company announced that the Company has a global collaboration with Takeda Pharmaceutical to develop and commercialize Adcetris.
SMART Global Holdings, Inc.
SGH shares surged by a 15.2% reaching $31.30 in the pre-market trading after the Company declared Q4’18 reports which were above the Market Expectation and also issued strong Q1’18 earnings guidance.
Tilray shares went up by a 59.6% reaching $2.25 in the pre-market session seems to be purely technical with mo strong fundamental news back up.
Share price declined by a 16.3% reaching $24.94 in the pre-market session after the Company reduced its FY18 sales guidance.
The Stock price increased by 5.2% reaching $7.15 in the pre-market session after the Company announced the results of the Phase 3 DUO study.
Share price went up by a 4.3% reaching $8.13 in the pre-market session after the Snap CEO sets up new goals and guidance for profitability in 2019, streamlines new strategic aims for employees.