Get 40% Off
⚠ Earnings Alert! Which stocks are poised to surge?
See the stocks on our ProPicks radar. These strategies gained 19.7% year-to-date.
Unlock full list

Pre-Open Stock Movers 05/31: TherapeuticsMD, CatchMark Timber Trust, Yamana Gold Jump on Takeovers; Insulet Falls as Takeover Rumor Denied (more...)

Published 31/05/2022, 14:22
Updated 31/05/2022, 14:22

Pre-Open Stock Movers

TherapeuticsMD, Inc. (NASDAQ:TXMD) 337% HIGHER; entered into a definitive merger agreement to be acquired by an affiliate of EW Healthcare Partners for $10 per share.

CatchMark Timber Trust, Inc. (NYSE:CTT) 36% HIGHER; PotlatchDeltic (NASDAQ:PCH) Corporation (Nasdaq: PCH) and CatchMark Timber Trust, Inc. (CTT) announced that they have entered into a definitive agreement to combine in an all-stock transaction. The acquisition by PotlatchDeltic will strengthen and diversify a leading integrated timber REIT and continue to enhance shareholder value.

Yamana Gold Inc. (NYSE:AUY) 16% HIGHER; Gold Fields Limited (NYSE:GFI) and Yamana Gold Inc. (AUY) announced that they have entered into a definitive agreement, under which Gold Fields will acquire all of the outstanding common shares of Yamana pursuant to a plan of arrangement.

Insulet Corporation (NASDAQ:PODD) 11% LOWER; DexCom denies takeover rumors.

AMC Entertainment Holdings, Inc. (NYSE:AMC) 9.4% HIGHER; strong opening weekend for 'Top Gun: Maverick'

MicroStrategy Incorporated (MSTR) 9% HIGHER; bitcoin moves back above $31,000.

DexCom (DXCM) 8% HIGHER; says not in active discussions regarding a merger transaction at this time following Insulet (PODD) rumors.

Coinbase Global , Inc. (NASDAQ:COIN) 5% HIGHER; bitcoin moves back above $31,000.

Dish Network (NASDAQ:DISH) 5% HIGHER; Truist Securities upgraded from Hold to Buy with a price target of $60.00 (from $25.00).

Marathon Oil Corporation (NYSE:MRO) 3% HIGHER; gain as crude rises as EU agrees to ban most Russian oil

Rocket Cos Inc. (RKT) 3% LOWER; Argus downgraded from Buy to Hold.

Paramount Global (PARA) 2% HIGHER; strong opening weekend for 'Top Gun: Maverick'

Steel Dynamics (NASDAQ:STLD) 2% LOWER; Goldman Sachs (NYSE:GS) downgraded from Buy to Neutral with a price target of $92.00 (from $99.00).

IMAX Corporation (NYSE:IMAX) 1% HIGHER; strong opening weekend for 'Top Gun: Maverick'

Zoom Video (ZM) 1% HIGHER; Daiwa Securities upgraded from Neutral (4) to Outperform (3) with a price target of $121.00 (from $107.00).

Bausch + Lomb Corporation (BLCO) 1% HIGHER; new Buy ratings on Wall Street as coverage starts.

Chevron Corporation (NYSE:CVX) 1% HIGHER; gains as crude rises as EU agrees to ban most Russian oil.

Exxon Mobil Corporation (NYSE:XOM) 1% HIGHER; gains as crude rises as EU agrees to ban most Russian oil.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.