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Company News

BUZZ-U.S. STOCKS ON THE MOVE-Hexo, Tesla, Alibaba

* Eikon search string for individual stock moves:

* The Day Ahead newsletter: tmsnrt.rs/2ggOmBi

* The Morning News Call newsletter: tmsnrt.rs/2fwPLTh U.S. stocks were set to start the year on a strong note on Thursday as fresh stimulus from Beijing to prop up its slowing economy added to the optimism over easing trade tensions and an improving global outlook.

At 8:51 ET, Dow e-minis were up 0.59% at 28,676. S&P 500 e-minis were up 0.62% at 3,251, while Nasdaq 100 e-minis were up 0.86% at 8,827.5. The top three NYSE percentage gainers premarket: ** Rite Aid Corp, up 13.7% ** Phreesia Inc, up 8.9% ** Sequans Communications SA, up 8.7% The top three NYSE percentage losers premarket: ** Trinity Industries Inc, down 9.7% ** Borr Drillng Ltd, down 4.9% ** Kimco Realty Corp, down 4.7% The top three Nasdaq percentage gainers premarket: ** Synthesis Energy Systems Inc, up 87.7% ** Inpixon, up 43.9% ** Cassava Sciences Inc, up 35.4% The top three Nasdaq percentage losers premarket: ** Neovasc Inc, down 22.4% ** Tantech Holdings Ltd, down 16% ** Allied Healthcare Products Inc, down 12% ** Tesla Inc: up 2.1% premarket BUZZ-Canaccord pumps Tesla’s PT to $515, nearly double stock’s median PT ** Aphria Inc: up 1.9% premarket BUZZ-Aphria Inc: Jefferies’ top pick in cannabis space ** Innate Pharma SA: up 24.2% premarket BUZZ-Surges as EMA accepts marketing application for cancer drug ** Alibaba Group Holding Ltd: up 2.1% premarket BUZZ-Up after co’s unit applies for digital banking license ** Trillium Therapeutics Inc: up 16.5% premarket BUZZ-Rises after Morgan Stanley ups stake ** HanesBrands Inc: down 1.8% premarket BUZZ-Slips as Wells Fargo cuts to ‘underweight’ -report ** Cassava Sciences Inc: up 35.4% premarket BUZZ-Jumps after CEO raises stake ** Fastly Inc: up 4.6% premarket BUZZ-Rises after Piper Jaffray upgrades to ‘overweight’ ** Hexo Corp: up 3.1% premarket BUZZ-Gains on restating smaller loss for FY19 ** Intercept Pharma: down 2% premarket BUZZ-Down after Citi moves to sidelines (Compiled by Abhishek Manikandan in Bengaluru)

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