Fly Intel: Pre-market Movers - InvestingChannel

Fly Intel: Pre-market Movers

HIGHER: Sprint (S), up 6% after modifying the T-Mobile (TMUS) combination agreement and announcing the deal could close as early as April 1… Chewy (CHWY), up 4% after RBC Capital analyst Mark Mahaney upgraded shares to Outperform from Sector Perform with an unchanged $38 price target. The analyst sees FY20 as a profitability inflection year for the company and believes that the stock offers a “highly favorable” risk-reward. UP AFTER EARNINGS: Deere (DE), up 6%… Dropbox (DBX), up 15%… Sprouts Farmers Market (SFM), up 9%. DOWN AFTER EARNINGS: Cinemark (CNK), down 5%… First Solar (FSLR), down 10%… TrueCar (TRUE), down 28%… Zscaler (ZS), down 13%. ALSO LOWER: T-Mobile, down 1% after Raymond James analyst Ric Prentiss downgraded the stock to Outperform from Strong Buy with a price target of $107, up from $99… Agile Therapeutics (AGRX), down 13% after its 15M share spot secondary offering priced at $3.00 per share… BlueLinx Holdings (BXC), down 28% after the company responded to a press release issued by an investment firm that goes by the name of Bluefin Acquisitions, which claimed that it was making a tender offer to acquire at least 35% of the company’s common stock at a price of $24.50 per share. “The company was not aware of this purported offer,” BlueLinx stated in its response last night after the market close.