HIGHER: Cray (CRAY), up 16% after the company announced an agreement under which Hewlett Packard Enterprise (HPE) will acquire it for $35 per share in cash, in a transaction valued at approximately $1.3B, net of cash… Under Armour (UAA), up 3% after JPMorgan analyst Matthew Boss upgraded the stock to Overweight from Neutral and raised his price target for the shares to $29 from $23. After meeting with management including CEO Kevin Plank, Boss says the clear tone from the top was “controlled confidence” in the brand direction with “disciplined” fiscal 2020 global top- and bottom-line growth acceleration… Achillion (ACHN), up 10% after announcing interim data from a Phase 2 paroxysmal nocturnal hemoglobinuria trial assessing the safety and effectiveness of its oral small molecule factor D inhibitor ACH-4471 in combination with intravenous eculizumab… Matinas BioPharma (MTNB), up 3% after BTIG analyst Robert Hazlett initiated shares with a Buy rating and $5 price target. UP AFTER EARNINGS: Applied Materials (AMAT), up 2%. DOWN AFTER EARNINGS: Deere (DE), down 5%… Pinterest (PINS), down 17%… Baidu (BIDU), down 14%. LOWER: ADMA Biologics (ADMA), down 3% after a 11.25M share secondary offering priced at $4 per share.
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