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Morning Movers: Bausch + Lomb surges as said to consider potential sale

Morning Movers: Bausch + Lomb surges as said to consider potential sale

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


HIGHER –

  • NuCana (NCNA) up 149% after presenting final data from the Phase 2 NuTide:701 study at ESMO
  • Zentalis (ZNTL) up 40% after the FDA lifted the partial clinical hold on studies of azenosertib
  • Bausch + Lomb (BLCO) up 17% after Financial Times reported Bausch + Lomb is considering a sale as a strategy to disentangle itself from its parent company
  • Nuvalent (NUVL) up 21% after the company provided development updates for zidesamtinib and NVL-655
  • Ascendis Pharma (ASND) up 18% after announcing topline data from the pivotal double-blind placebo-controlled ApproaCH Trial of TransCon CNP


UP AFTER EARNINGS –

  • ModivCare (MODV) up 2%


DOWN AFTER EARNINGS –

  • AstroNova (ALOT) down 2%


LOWER –

  • iTeos Therapeutics (ITOS) down 13% after reporting follow-up interim data from GALAXIES Lung-201
  • Upstart (UPST) down 8% after announcing offering of $300M of Convertible Senior Notes due 2029
  • Apple (AAPL) down 2% after analyst Ming Chi-Kuo noted Apple is seeing less demand for iPhone 16 Pro and iPhone 16 Pro Max than expected

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