On The Fly: Pre-market Movers
HIGHER: Chipotle (CMG), up 4.8% after announcing it will begin a search for a new CEO... Melinta Therapeutics (MLNT), up 7.4% after announcing that it...
Author : The Fly
Amazon confirms Cyber Monday was single biggest shopping day ever
Amazon announced that Cyber Monday was the single biggest shopping day worldwide in the company's history, and the biggest day ever for small businesses and...
William Blair downgrades Chipotle amid rally on CEO change
William Blair analyst Sharon Zackfia downgraded Chipotle Mexican Grill to Market Perform from Outperform after the company announced that its founder and CEO Steve Ells...
ESPN confirms plans to eliminate 150 jobs
ESPN President John Skipper shared this message with employees this morning. "Today we are informing approximately 150 people at ESPN that their jobs are being...
Allergan upgraded to Overweight amid ‘overdone’ Botox fears at Morgan Stanley
As previously reported, Morgan Stanley analyst David Risinger upgraded Allergan (AGN) to Overweight from Equal Weight, saying that fears about a "better Botox" from Revance...
On The Fly: Top stock stories for Tuesday
Stocks opened in positive territory and the move was solidified by a better than expected consumer confidence reading. The averages dipped in early afternoon amid...
Dexcom rises after UnitedHealth announces partnership
Shares of Dexcom (DXCM) are higher today after UnitedHealth (UNH) announced at its investor conference this morning that it is partnering with the company to...
Before the Move: Analysts split if GM autonomous event can add fuel to rally
This Wednesday and Thursday, General Motors (GM) will be hosting investor events to review the company's "vision for an autonomous future." Ahead of the highly-anticipated...
Valeant turnaround efforts, debt levels profiled by WSJ
In a story titled "Inside Valeant's Efforts to Be a Normal Drug Company," Wall Street Journal's Jonathan Rockoff profiles the efforts of Valeant Pharmaceuticals CEO...
Roku off highs after Citron calls ‘total joke’ in tweet
Shares of Roku are off of their highs, but remain up 3%, after short-seller Citron Research called the company a "total joke" via Twitter. Citron...