Market Movers - OCT 4th 2018
4 October 2018
The Stock price plunged by a 7.4% reaching $145.28 in the Pre-Market session after the Company announced that it will offer a private placement of $400 million of convertible senior notes. Tilary, Inc. also foresees Q3’18 sales of around $10 million-$10.5 million, mentioned its Cash & Cash equivalents, to sum up in the range between $117.5 million-$118 million as of 30 September 2018 and quoted a Long-term debt to come up at around $9 million-$9.5 million.
Synnex Corporation plummeted by a 7.4% reaching $78.60 in the pre-market session after the Company reported Q3’18 Earnings Conference Call and on 3 October 2018, it announced that the acquisition of Convergys is expected to close on 5 October 2018.
The stock price dropped by a 6.5% reaching $61.64 in the pre-market session as the Global Automotive Oil tempered Spring Steel Wires Sales Market.
Novo Nordisk A/S
The Stock price decreased by a 5.5% reaching $44.11 in the Pre-Market session after the most recent SEC report disclosed that Carnegie Capital Asset Management LLC lowered its holdings in Novo Nordisk A/S by 4.1% during Q2’18.
Share price increased by a 23.5% reaching $27.01 in the today’s Pre-Market session after the Cloudera announced that it will merge with Hortnworks Inc. As per mutual terms, HDP shareholders are complied to receive 1.305 common shares of Cloudera for each HDP share.
Share price soared by a 2.6% reaching $43.99 in the Pre-Market session as Investors expect higher earnings growth on Alcoa Corporation.
SAExploration Holdings, Inc.
Share price went up by a 33.9% reaching $14.31 in the Pre-Market session after the Company received a $100 million worth Marine project in South Asia.
Share price increased by a 25.9% reaching $21.50 in the today’s Pre-Market session after the Company announced regarding its Merger with Hortonworks Inc. As per mutual terms, HDP shareholders are complied to receive 1.305 common shares of Cloudera for each HDP share.
Resources Connection, Inc.
The Stock price upshot by a 19.3% reaching $19.60 in the Pre-Market session after the Company reported better than expected Q1’18 Earnings.
Innovative Industrial Properties Inc
The Stock price went down by 4.5% reaching $41.51 in the Pre-Market session after the Company announced a 2 million Common Stock Offering.