Stansberry Research

U.S. Midday Stock Moves: GNOG, CARA, MUDS, EBON, GBX

Daniel SmootStansberry NewsWire

Advances:

  • Golden Nugget Online Gaming (GNOG) +14.5%. GNOG shares were initiated as a "buy" at Jefferies.
  • Cara Therapeutics (CARA) +14%. CARA will be included in the S&P SmallCap 600.
  • Mudrick Capital Acquisition (MUDS) +11.1%. MUDS announced a merger with Topps.
  • Illumina (ILMN) +8.5%. ILMN's preliminary first-quarter revenue topped estimates.
  • Snap (SNAP) +5.1%. SNAP shares were upgraded from "neutral" to "overweight" at Atlantic Equities.

Declines:

  • Ebang International (EBON) -16.5%. Hindenburg Research released a cautious report on the company.
  • Greenbrier (GBX) -7.1%. GBX's second-quarter results disappointed.
  • Paychex (PAYX) -5.6%. PAYX's third-quarter revenue was weaker than expected.
  • Acadia Pharmaceuticals (ACAD) -2%. ACAD shares were downgraded from "buy" to "hold" at Jefferies.