U.S. STOCKS ON THE MOVE-Western Alliance Bancorp, Terns Pharma, Rezolute

Summit Therapeutics

09/09/2024 14:18

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Wall Street was set for a higher open on Monday, rebounding from a week of heavy
losses as investors remained optimistic about a soft landing scenario for the
U.S. economy ahead of a crucial inflation report later in the week.  .N 
    
    At 9:04 ET, Dow e-minis  1YMc1  were up 0.67% at 40,676. S&P 500 e-minis
 ESc1  were up 0.68% at 5,456.25, while Nasdaq 100 e-minis  NQc1  were up 0.77%
at 18,599.5.
 
 The top three NYSE percentage gainers premarket  .PRPG.NQ :
 ** ABM Industries  ABM , up 16.0%
 ** Dream Finders Homes  DFH , up 10.0%
 ** Markforged Holding Corporation  MKFG.K , up 9.3%
 
 The top three NYSE percentage losers premarket  .PRPL.NQ :
 ** Big Lots  BIG , down 40.2%
 ** Miller Industries  MLR , down 13.2%
 ** UMH Properties  UMH , down 11.8%
 
 The top two Nasdaq percentage gainers premarket  .PRPG.O :
 ** SINTX Technologies  SINT.O , up 105.0%
 ** Tonix Pharmaceuticals Holding  TNXP.O , up 60.9%
 
 The top two Nasdaq percentage losers premarket  .PRPL.O :
 ** Pineapple Energy  PEGY.O , down 45.8%
 ** Capital City Bank Group  CCBG.O , down 25.3%
 
 
 ** Boeing Co  BA.N : up 3.5% premarket
 BUZZ - Rises as co reaches tentative labor deal  urn:newsml:reuters.com:*:nL4N3KR0OS 

 ** Summit Therapeutics Inc  SMMT.O : up 30.9% premarket
 ** Merck & Co Inc  MRK.N : down 2.6% premarket
 BUZZ - Surges as its cancer drug outdoes Merck's  urn:newsml:reuters.com:*:nL4N3KR0PA 
    
 ** Tesla Inc  TSLA.O : up 2.7% premarket
 BUZZ - Gains after China sales have best month of 2024 in August  urn:newsml:reuters.com:*:nL4N3KR0Q2 
    
 ** Dell Technologies Inc  DELL.N : up 4.8% premarket
 ** Palantir Technologies Inc  PLTR.N : up 8.7% premarket
 BUZZ - Jump on S&P 500 inclusion  urn:newsml:reuters.com:*:nL4N3KR0RI 
    
 ** United States Steel Corp  X.N : up 2.1% premarket
 BUZZ - Gains after JPM upgrades to overweight  urn:newsml:reuters.com:*:nL4N3KR0T3 
    
 ** Eli Lilly and Co  LLY.N : up 0.9% premarket
 BUZZ - Rises after appointing insider Lucas Montarce as finance chief
 urn:newsml:reuters.com:*:nL4N3KR0V9 
    
** Coinbase Global Inc  COIN.O : up 2.4% premarket 
 ** Riot Platforms Inc  RIOT.O : up 2.5% premarket
 ** Marathon Digital Holdings Inc  MARA.O : up 2.2% premarket
** Hut 8 Mining Corp  HUT.O : up 3.0% premarket
 BUZZ - Crypto stocks rise on bitcoin strength  urn:newsml:reuters.com:*:nL4N3KR0VU 
    
 ** B. Riley Financial Inc  RILY.O : up 3.2% premarket
 BUZZ - Rises on talks to sell majority stake in Great American Group unit
 urn:newsml:reuters.com:*:nL4N3KR0VA 
    
 ** Arm Holdings PLC  ARM.O : up 3.5% premarket
 BUZZ - Rises after report Apple to use Arm's chip design in new iPhone
 urn:newsml:reuters.com:*:nL1N3KR0D1 
    
 ** Western Alliance Bancorp  WAL.N : up 3.6% premarket
 BUZZ - Rises ahead of S&P MidCap 400 inclusion  urn:newsml:reuters.com:*:nL4N3KR0X9 
    
 ** Terns Pharmaceuticals Inc  TERN.O : up 12.8% premarket
 BUZZ - Rises as obesity drug cuts weight by 4.9% in early study  urn:newsml:reuters.com:*:nL4N3KR0XH 
    
 ** Extra Space Storage Inc  EXR.N : up 0.5% premarket
 BUZZ - KeyBanc hikes PT for Extra Space Storage on 'premium growth' potential
 urn:newsml:reuters.com:*:nL4N3KR0ZI 
    
 ** Rezolute Inc  RZLT.O : up 14.9% premarket
 BUZZ - Rises as FDA lifts partial clinical hold on blood sugar treatment
 urn:newsml:reuters.com:*:nL4N3KR104  
    
 ** KeyCorp  KEY.N : down 0.7% premarket
 BUZZ - Dips after sale of nearly $7 bln of low-yield investments  urn:newsml:reuters.com:*:nL4N3KR11I 
    
 ** Erie Indemnity Co  ERIE.O : up 3.1% premarket
 BUZZ - Gains on inclusion in the S&P 500 index  urn:newsml:reuters.com:*:nL4N3KR0NZ 

 (Compiled by Rajarshi Roy and Kashish Tandon)
 ((Kashish.tandon@thomsonreuters.com))