HIGHER: Pfenex (PFNX), up 15% after announcing that the FDA has approved the new drug application for PF708 for the treatment of osteoporosis in certain patients at high risk for fracture… SunPower (SPWR), up 6% and First Solar (FSLR), up 5% after the U.S. Trade Representative pulled the tariff exemption for bifacial solar panels which were exempt from the current 25% tariff… Match Group (MTCH), up 4% after the stock was upgraded by Nomura Instinet analyst Mark Kelley to Buy from Neutral and by Deutsche Bank analyst Kunal Madhukar to Buy from Hold… Uber (UBER), up 3% after Citi analyst Itay Michaeli upgraded the stock to Buy from Neutral… SmileDirectClub (SDC), up 3% after analysts began rolling out their ratings on the stock following the company’s recent IPO.
LOWER: Intersect ENT (XENT), down 16% after reporting that the company’s ASCEND investigational drug-coated sinus balloon study did not meet its primary endpoint of frontal sinus patency grade at day 30, as judged by an independent reviewer… Canadian Solar (CSIQ), down 5% and JinkoSolar (JKS), down 4% after the U.S. Trade Representative said it will withdraw a previously granted Section 201 tariff exemption for bifacial solar panels… Steelcase (SCS), down 2% after Raymond James analyst Budd Bugatch downgraded the stock to Market Perform from Strong Buy.
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https://thefly.com/landingPageNews.php?id=2972343
