March 6, 2019 / 2:00 PM / 4 months ago

BUZZ-U.S. STOCKS ON THE MOVE-Abercrombie & Fitch, Nio, Zayo, Titan Medical

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Wall Street was set to dip at the open on Wednesday in the absence of fresh developments on trade, with investors taking a step back after a strong run in equities since the start of the year. At 8:45 ET, Dow e-minis were down 0.15 percent at 25,789. S&P 500 e-minis were down 0.11 percent at 2,788.5, while Nasdaq 100 e-minis were down 0.07 percent at 7,160.75. The top three NYSE percentage gainers premarket: ** LightIntheBox Holding Co Ltd, up 25.3 pct ** Abercrombie & Fitch, up 11.9 pct ** Zayo Group Holdings, up 11.3 pct The top three NYSE percentage losers premarket: ** Nio Inc, down 19.1 pct ** Wipro Ltd, down 9.5 pct ** Chico’s FAS Inc, down 9 pct The top three Nasdaq percentage gainers premarket: ** Wright Medical Group NV, up 100.0 pct ** Bio Path Holdings Inc, up 49.3 pct ** SSLJ.com Ltd, up 28.2 pct The top three Nasdaq percentage losers premarket: ** Valeritas Holdings Inc, down 19.3 pct ** Titan Medical Inc, down 11.9 pct ** Qutoutiao Inc, down 11.3 pct ** Acuity Brands: up 1.6 pct premarket BUZZ-Acuity Brands: Credit Suisse raises to ‘outperform’ ** Teva Pharmaceutical Industries Ltd: down 1.3 pct premarket BUZZ-Teva: MS downgrades, says long-term revenue growth is unclear ** CymaBay Therapeutics: down 5.9 pct premarket BUZZ-CymaBay Therapeutics: Drops on $100 mln stock deal to fund liver disease drug ** Nexstar Media Group: up 2.0 pct premarket BUZZ-Nexstar Media’s momentum should continue - B.Riley ** Mylan NV: up 2.6 pct premarket BUZZ-Mylan: Up after MS upgrade on valuation and improving prospects ** ING Groep NV: down 3.8 pct premarket BUZZ-ING Groep: Reports of money laundering weigh on U.S.-listed shares ** Ormat Technologies: down 1.3 pct premarket BUZZ-Ormat Technologies: JPM cuts to ‘neutral’ on lack of 2019 catalysts

** Baozun Inc: down 2.1 pct premarket BUZZ-Baozun Inc: Drops after Q4 profit misses ** Sarepta Therapeutics: down 4.6 pct premarket BUZZ-Sarepta: Drops on $375 mln stock deal ** Tesla Inc: up 0.2 pct premarket BUZZ-Tesla: Rises after Shanghai factory update ** TripAdvisor Inc: down 4.0 pct premarket BUZZ-TripAdvisor: Falls after top analyst downgrades to “underperform” ** Horizon Pharma Plc: down 2.6 pct premarket BUZZ-Horizon Pharma: Down as DOJ questions certain payments ** Aon Plc: up 6.2 pct premarket ** Willis Towers Watson Plc: down 5.4 pct premarket BUZZ-Aon: Jumps as it scraps plans to bid for Willis Towers ** Qutoutiao Inc: down 11.3 pct premarket BUZZ-Qutoutiao Inc: Shares fall on wider Q4 loss ** Titan Medical Inc: down 11.9 pct premarket BUZZ-Titan Medical Inc: Dips after equity raise plans ** Urban Outfitters Inc: down 2.6 pct premarket BUZZ-Urban Outfitters slips after warning of possible comp sales drop ** DPW Holdings Inc: up 56.4 pct premarket BUZZ-DPW Holdings: Rises on $3 mln trim to debt load ** Tilray Inc: up 1.2 pct premarket BUZZ-Tilray up on Portugal cannabis update ** Sea Ltd: down 3.6 pct premarket BUZZ-Tencent-backed Sea Ltd slips after upsized $1.35 bln stock offering ** Thor Industries: down 9.1 pct premarket BUZZ-Thor Industries Inc: Falls after disappointing Q2 results ** CSX Corp: down 1.6 pct premarket BUZZ-CSX Corp: Stifel cuts to ‘hold’ on valuation, less exciting 2019 ** Abercrombie & Fitch: up 11.9 pct premarket BUZZ-Abercrombie & Fitch surges as forecast, results top Wall St expectations ** Intelsat SA: up 4.8 pct premarket BUZZ-Intelsat and SES: “Ignore the noise and buy the dip” -RBC ** Invitae Corp: down 2.7 pct premarket BUZZ-Invitae Corp: Drops on discounted offering ** Stars Group: up 8.5 pct premarket BUZZ-Stars Group: Set to open at 11-week low after rev miss ** Ascendis Pharma A/S: down 2.9 pct premarket BUZZ-Ascendis Pharma: Dips on upsized $500 mln equity raise after stock soars ** Nio Inc: down 19.1 pct premarket REFILE-BUZZ-Nio Inc: Tesla rival warns of weak demand, drops plant plan ** Roku Inc: up 0.5 pct premarket BUZZ-Roku Inc: Video streaming tailwinds prompt Wall St to raise targets ** Zayo Group Holdings Inc: up 11.3 pct premarket BUZZ-Zayo poised for best day in 4 months as it evaluates strategic options ** Alnylam Pharmaceuticals Inc: down 5.2 pct premarket BUZZ-Alnylam: Falls as study throws safety profile of new drug into question (Compiled by Arjun Panchadar in Bengaluru)

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