Jul. 20 at 1:15 PM
$LXP $SPCX $BIRK $FBN $PENG
PRE-MARKET MOVERS:
Currently Higher After Earnings:
- AMC Entertainment (AMC) up 15.5%
- Domino's Pizza (DPZ) up 7.1%
- Nomad Foods (NOMD) up 1.7%
Currently Also Higher:
- Hut 8 (HUT) up 13.8% after commercializing the second phase of its one-gigawatt Beacon Point data center campus in Nueces County, Texas through a second 15-year,
$9.8B lease for 352 megawatts of IT capacity
- Iren (IREN) up 8.0% after announcing that it has raised its year-end AI Cloud annualized run-rate revenue target from
$3.7B to more than
$4B, of which approximately 85% is now under contract following new multi-year cloud services contracts with AI developers representing
$2.8B in total contract value
- LXP Industrial Trust (LXP) up 4.1% after entering into a definitive merger agreement under which Brookfield Asset Management (BAM) and CPP Investments will acquire the company in an all-cash transaction valued at approximately
$5.2B
- SpaceX (SPCX) up 1.1% after reporting the thirteenth flight test of Starship is preparing to launch as early as Thursday, July 23
Currently Lower:
- Birkenstock (BIRK) down 1.3% after Seaport Research downgraded the stock to Neutral from Buy with no price target
- F.N.B. (FNB) down 0.6% after BofA downgraded shares to Neutral with a price target of
$19, down from
$20
- Penguin Solutions (PENG) down 1.2% after Barclays downgraded the stock to Underweight with an unchanged price target of
$40.
