Fly Intel: Pre-market Movers

HIGHER: Carrizo Oil & Gas (CRZO), up 10% after agreeing to be acquired by Callon Petroleum (CPE) in an all-stock transaction valued at $3.2B... Capricor Therapeutics (CAPR), up 92% after announcing that a pre-specified interim analysis performed on 6-month data from the HOPE-2 trial showed statistically significant results across several independent clinical measures... Galapagos (GLPG), up 19% after announcing that they have entered into a 10-year global research and development collaboration with Gilead (GILD). Galapagos will receive a $3.95B upfront payment and a $1.1B equity investment from Gilead... U-R Energy (URG) and Energy Fuels (UUUU), up 13% and 12%, respectively, after President Trump announced that the U.S. Department of Commerce found that imports of uranium are a threat to U.S. national security. LOWER: Callon Petroleum (CPE), down 11% after entering the agreement to acquire Carrizo... Teva (TEVA), down 4% after Morgan Stanley analyst David Risinger downgraded the stock to Underweight from Equal Weight and cut his price target for the shares to $6 from $16... Circor (CIR), down 17% after Crane (CR) announced it is ceasing its efforts to acquire the company and will not extend its $48 per share tender offer scheduled to expire on July 19... Endo (ENDP), down 3% after Morgan Stanley analyst David Risinger downgraded shares to Underweight from Equal Weight and cut his price target for the stock to $3 from $8... International Paper (IP), down 3% after KeyBanc analyst Adam Josephson downgraded the stock to Underweight from Sector Weight with a $38 price target.

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