Stansberry Research

U.S. Late-Day Stock Moves: UFS, ARNC, IT, MAXR, SDC

Daniel SmootStansberry NewsWire

Advances:

  • Domtar (UFS) +19.6%. UFS confirmed that Paper Excellence is exploring a deal to acquire Domtar.
  • Arconic (ARNC) +18.5%. ARNC's first-quarter results were better than expected.
  • Gartner (IT) +12.9%. IT's first-quarter results beat estimates.
  • 51job (JOBS) +10.9%. JOBS announced it received several acquisition proposals.

Declines:

  • Maxar Technologies (MAXR) -25.7%. MAXR's first-quarter earnings were more negative than anticipated.
  • SmileDirectClub (SDC) -18.5%. SDC announced it was the victim of a cybersecurity attack.
  • SolarEdge Technologies (SEDG) -18.2%. Analysts are cautious about the company's outlook despite strong earnings.
  • iRobot (IRBT) -8.6%. IRBT's guidance wasn't updated.