September 4, 2019 / 2:12 PM / 2 months ago

BUZZ-U.S. STOCKS ON THE MOVE-American Eagle, Tapestry, Top Ships, JetBlue Airways, Navistar

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U.S. stocks rose broadly at the open on Wednesday as encouraging data from China
allayed concerns of slowing global growth, with sentiment getting a boost on
signs of easing tensions in Hong Kong following the withdrawal of a
controversial bill.

At 9:47 ET, the Dow Jones Industrial Average was up 0.73% at 26,308.79.
The S&P 500 was up 0.81% at 2,929.77 and the Nasdaq Composite was
up 1.05% at 7,956.729.
 
 The top three S&P 500 percentage gainers:
 ** PVH Corp, up 6.3%
 ** Western Digital Corp, up 6.3%
 ** IPG Photonics Corp, up 5%
 
 The top three S&P 500 percentage losers:
 ** Tyson Foods Inc, down 4.3%
 ** Starbucks Corp, down 3.1%
 ** Fortive Corp, down 1.4%
 
 The top NYSE percentage gainer:
 ** Box Inc, up 9.5%
 
 The top NYSE percentage loser:
 ** American Eagle Outfitters Inc, down 13.3%
 
 The top two Nasdaq percentage gainers:
 ** OpGen Inc, up 68.3%
 ** Top Ships Inc, up 25.4%
 
 The top three Nasdaq percentage losers:
 ** Eltek Ltd, down 19.4%
 ** Vera Bradley Inc, down 19.2%
 ** TuanChe Ltd, down 17.1%
 
 
 
 ** Tapestry Inc: up 4.0%
 BUZZ-Tapestry: Rises after CEO Victor Luis steps down
 
 ** JetBlue Airways Corp: down 4.1%
 BUZZ-JetBlue down after cutting Q3 forecast for key revenue metric
 
 ** Campbell Soup Co: up 1.6%
 BUZZ-Campbell Soup Co: Rises as Piper Jaffray upgrades to "neutral"

 
 ** American Eagle Outfitters Inc: down 13.3%
 BUZZ-American Eagle: Slips after Q3 forecast disappoints
 
 ** Navistar International Corp: up 7.6%
 BUZZ- Navistar International Corp: Jumps on Q2 results beat
 
 ** Tyson Foods Inc: down 4.3%
 BUZZ-Tyson Foods: Tumbles after FY profit forecast cut
 
 ** Box Inc: up 9.5%
 BUZZ-Box: Shares jump after Starboard reveals 7.5% stake
 
 ** Superior Industries International Inc: down 3.8%
 BUZZ-Superior Industries shares humbled on dividend suspension
 
 ** Seadrill Ltd: up 8.9%
 BUZZ-Seadrill: Shares soar after contract award
 
 ** Top Ships Inc: up 25.4%
 BUZZ-TOP Ships: Jumps on smaller first-half loss
 
 ** Coupa Software Inc: up 14.1%
 BUZZ-Coupa Software: Eyes record high on upbeat Q2 results
 
 ** Redwood Trust Inc : down 1.7%
 BUZZ-Redwood Trust Inc drops on upsized stock deal
 
 ** Co-Diagnostics Inc: up 0.9%
 BUZZ-Co-Diagnostics rises on expanded license agreement
 
 ** Idera Pharmaceuticals Inc: up 2.6%
 BUZZ-Idera Pharmaceuticals: Climbs on entering research partnership with AbbVie

 
 ** OpGen Inc: up 68.3%
 BUZZ-OpGen Inc: Set for best day in 3 years after deal to buy rival Curetis

 
 ** Clearside Biomedical Inc: up 34%
 BUZZ-Clearside jumps as Regenxbio picks its device for delivery of gene therapy

 
 ** Michaels Companies Inc: up 22.5%
 BUZZ-Michaels Cos paints rosy outlook, shares jump
 
 ** Village Farms International Inc: up 1.3%
 BUZZ-Village Farms: Up on cannabis supply deal
 
 ** Insulet Corp: down 2.3%
 BUZZ-Insulet Corp falls on upsized convertible debt deal
 
 ** Citius Pharmaceuticals Inc: up 16.2%
 BUZZ-Citius jumps on cost savings prospect of ~$10 mln in clinical trial
 
 ** Safe Bulkers Inc: down 8.9%
 BUZZ-Safe Bulkers sinks after posting surprise Q2 loss
 
 ** PVH Corp: up 6.3%
 BUZZ-Calvin Klein-owner PVH eyes best day in 5 months
 
 ** eGain Corp: down 0.8%
 BUZZ-eGain: Tumbles as co forecasts FY profit, revenue below estimates

 
 The 11 major S&P 500 sectors:
 
 Communication Services             up 0.83%
 Consumer Discretionary             up 0.42%
 Consumer Staples                   up 0.15%
 Energy                             up 1.36%
 Financial                          up 0.74%
 Health                             up 0.35%
 Industrial                         up 1.11%
 Information Technology             up 1.38%
 Materials                          up 1.01%
 Real Estate                        up 0.71%
 Utilities                          up 0.28%
 
 (Compiled by Praveen Paramasivam in Bengaluru)
  
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