Pre-Open Stock Movers:
Atara Biotherapeutics, Inc. (Nasdaq: NASDAQ:ATRA) 59% LOWER; announced completion of the planned Interim Analysis (IA) of the ATA188 Phase 2 randomized, placebo-controlled study (EMBOLD) in June 2022. The IA included a review by the Independent Data and Safety Monitoring Committee (IDSMC) of the efficacy, safety, and biomarker data available at the data cut-off, based on which the IDSMC recommended the study continue without sample size adjustment.
ironSource (NYSE:IS) 48% HIGHER; Unity and ironSource announced today that they have entered into a definitive agreement under which ironSource will merge into a wholly-owned subsidiary of Unity via an all-stock deal, where each ordinary share of ironSource will be exchanged for 0.1089 shares of Unity common stock.
TherapeuticsMD, Inc. (NASDAQ:TXMD) 43% LOWER; announced today that Athene Merger, Inc., an affiliate of EW Healthcare Partners, did not acquire the required majority of shares of TXMD through the previously announced tender offer by the extended offer deadline of one minute after 11:59 PM Eastern Time on July 12, 2022. As a result, the tender offer has expired according to its terms. The Company anticipates that the Merger Agreement between TXMD and EW will be terminated pursuant to its terms following 11:59 PM Eastern Time on July 13, 2022.
Unity (NYSE:U) 16% LOWER; Unity and ironSource announced today that they have entered into a definitive agreement under which ironSource will merge into a wholly-owned subsidiary of Unity via an all-stock deal, where each ordinary share of ironSource will be exchanged for 0.1089 shares of Unity common stock.
Boxed, Inc. (NYSE:BOXD) 11% HIGHER; Wells Fargo initiates coverage with an Overweight rating and a price target of $8.00.
Stitch Fix , Inc. (NASDAQ:SFIX) 9.5% HIGHER; insider buying
Delta Air Lines (NYSE:DAL) 7.3% LOWER; reported Q2 EPS of $1.44, $0.21 worse than the analyst estimate of $1.65. Revenue for the quarter came in at $12.3 billion versus the consensus estimate of $12.23 billion. Expects Q3 revenue to be up 1 to 5 percent compared to 2019 with total unit revenue growth improving sequentially.
Fastenal (NASDAQ:FAST) 4.1% LOWER; reported Q2 EPS of $0.50, in-line with the analyst estimate of $0.50. Revenue for the quarter came in at $1.78 billion versus the consensus estimate of $1.79 billion.
Cardlytics (NASDAQ:CDLX) 7.2% LOWER; BofA Securities downgraded from Neutral to Underperform.
Illumina (NASDAQ:ILMN) 4.7% LOWER; Ioses bid to challenge EU antitrust probe into Grail deal.
Apple Inc. (AAPL) 2% LOWER; tech stocks lower after hot CPI number. Estimates, PT cut at Citi and Lynx Equities.
Amazon.com, Inc. (NASDAQ:AMZN) 2% LOWER; tech stocks lower after hot CPI number.
Alphabet Inc. (NASDAQ:GOOGL) 2% LOWER; tech stocks lower after hot CPI number.
Microsoft ( NASDAQ:MSFT) 2% LOWER; tech stocks lower after hot CPI number.
Twitter (NYSE:TWTR) 6% HIGHER; Twitter sued Elon Musk on Tuesday for violating his $44 billion deal to buy the social media platform.