Fly Intel: Pre-market Movers - InvestingChannel

Fly Intel: Pre-market Movers

HIGHER: CA Technologies (CA), up 18% after confirming its has agreed to be acquired by Broadcom (AVGO) for $44.50 per share in a deal with an enterprise value of approximately $18.4B… Zogenix (ZGNX), up 25% after achieving the primary endpoint in second Phase 3 clinical trial of ZX008… Papa John’s (PZZA), up 5% after founder John Schnatter resigned as Chairman a day after it came to light that he had used a racial slur on a company conference call… Freeport-McMoRan (FCX), up 2% after Indonesia and the company reached a preliminary deal for the Grasberg mining operations. UP AFTER EARNINGS: Delta (DAL), up 1.6%… Commerce Bancshares (CBSH), up 5%. LOWER: Broadcom, down 14% after the CA Technologies buyout, which prompted analysts at RBC Capital, B. Riley FBR and Macquarie to downgrade the stock… Zion Oil & Gas (ZN), down 12.5% after disclosing its receipt of a subpoena from the SEC… L Brands (LB), down 7.5% after reporting its June same-store sales were up 3%.