Stansberry Research

U.S. Midday Stock Moves: GWPH, JAZZ, DT, SPOT, CHKP

Daniel SmootStansberry NewsWire

Advances:

  • GW Pharmaceuticals (GWPH) +46.1%. GWPH will be acquired by Jazz Pharmaceuticals (JAZZ) at a 50% premium.
  • Dynatrace (DT) +12.8%. DT's third-quarter results beat estimates.
  • Alphabet (GOOGL) +7.7%. GOOGL's fourth-quarter results topped the consensus.
  • Evercore (EVR) +5.8%. The company's fourth-quarter results were better than anticipated.
  • GameStop (GME) +2.5%. GME's stock is still seeing volatility following the Reddit trading frenzy.
  • AbbVie (ABBV) +2.2%. The company's fourth-quarter results and full-year 2021 guidance were stronger than expected.

Declines:

  • Spotify Technology (SPOT) -9.9%. SPOT's third-quarter podcast engagement growth was disappointing.
  • Check Point Software Technologies (CHKP) -8.7%. CHKP's full-year 2021 earnings missed estimates.
  • Electronic Arts (EA) -6.8%. EA's third-quarter earnings were lower than anticipated.
  • Hyliion (HYLN) -6%. HYLN shares were downgraded from "neutral" to "sell" at Goldman Sachs.
  • PerkinElmer (PKI) -4.8%. PKI's full-year 2021 guidance underwhelmed analysts.
  • W. Grainger (GWW) -3.9%. GWW's fourth-quarter earnings and income disappointed.
  • Amgen (AMGN) -3.1%. AMGN's fourth-quarter operating income missed expectations.
  • Chipotle Mexican Grill (CMG) -2.3%. CMG's fourth-quarter results were weaker than estimated.
  • Albemarle (ALB) -2.2%. ALB's shares are down largely on profit-taking after strong preliminary fourth-quarter results.