Fly Intel: Pre-market Movers
HIGHER: CBS (CBS) up 1% after CEO Leslie Moonves announced he is stepping down... Daqo New Energy (DQ), up 3% after announcing that it plans to discontinue its solar wafer manufacturing operations in September... Riot Blockchain (RIOT), up 6% after announcing that Chris Ensey will be named CEO in connection with a restructuring of the company's senior executives... Weight Watchers (WTW), up 5% after being selected to enter the S&P MidCap400 index... Tesla (TSLA), up 3% after Baird analyst Ben Kallo designated the stock as a Fresh Pick as he believes the company's strong fundamentals should drive the shares higher... RH (RH), up 3% after KeyBanc analyst Bradley Thomas upgraded the stock to Overweight with a $166 price target. LOWER: Zscaler (ZS), down 2% after BTIG analyst Joel Fishbein downgraded the stock to Neutral from Buy, saying that the rating is more appropriate after the 67% run-up in the stock price since its IPO less than 6 months ago... Alibaba (BABA), down 1.5% after chairman Jack Ma announced he will step down in September 2019... Snap (SNAP), down 1% after announcing the departure of CSO Imran Khan... Anthem (ANTM) down 1% after Citi analyst Ralph Giacobbe downgraded the stock to Neutral, saying he is taking a more selective view of the managed care sector into year-end and 2019. He also downgraded United Health (UNH), which is down almost 1%, citing the same reasoning.