Stansberry Research

U.S. Midday Stock Moves: CERE, EPAC, TWOU, MLHR, FOXA

Daniel SmootStansberry NewsWire

Advances:

  • Cerevel Therapeutics (CERE) +102.4%. CERE said its Phase I-B study for its schizophrenia treatment yielded positive results.
  • Enerpac Tool (EPAC) +6.9%. EPAC's third-quarter results beat estimates.
  • 2U (TWOU) +5.5%. TWOU will acquire edX's assets for $800 million.

Declines:

  • Herman Miller (MLHR) -6.3%. MLHR's fourth-quarter backlog disappointed.
  • Fox (FOXA) -2.9%. FOXA shares were downgraded from "buy" to "neutral" at Guggenheim.
  • Carvana (CVNA) -2.3%. CVNA shares were downgraded from "overweight" to "neutral" at Piper Sandler.