Morning Movers: Aluminum, steel stocks gain on planned 25% tariffs on imports

Check out this morning’s top movers from around Wall Street, compiled by The Fly.

HIGHER –

• Axsome Therapeutics (AXSM) up 15% after entering into a settlement agreement with Teva Pharmaceuticals (TEVA) resolving all patent litigation related to Axsome’s Auvelity product
• Century Aluminum (CENX) and Alcoa (AA) up 8% and 2%, respectively, after Bloomberg reported President Donald Trump plans to announce 25% tariffs on all imports of steel and aluminum
• Playa Hotels & Resorts (PLYA) up 2% after confirming it has entered into an agreement with Hyatt (H) under which an indirect wholly owned subsidiary of Hyatt will acquire all outstanding shares of Playa for $13.50 per share in cash

UP AFTER EARNINGS –

• Monday.com (MNDY) up 24%
• Roku (ROK) up 6%
• McDonald’s (MCD) up 1%

DOWN AFTER EARNINGS –

• Hain Celestial (HAIN) down 16%
• On Semiconductor (ON) down 5%

LOWER –

• Charles Schwab (SCHW) down 2% after TD Bank Group (TD) announced its intent to sell its entire equity investment in the company through a registered offering and share repurchase by Schwab
• Pliant Therapeutics (PLRX) down 63% after announcing that following a prespecified data review and recommendations by the trial’s independent Data Safety Monitoring Board, the company has voluntarily paused enrollment and dosing in the ongoing BEACON-IPF Phase 2b trial of bexotegrast in patients with idiopathic pulmonary fibrosis