Morning Movers: Broadcom sinks after earnings

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

HIGHER –

• Faraday Future (FFIE) up 13% after announcing that it has secured $30M in financing commitments from investors in the Middle East, the United States, and Asia

UP AFTER EARNINGS –

• ABM (ABM) up 5%
• Brady (BRC) up 5%
• Argan (AGX) up 22%
• Bowlero (BOWL) up 11%

DOWN AFTER EARNINGS –

• Broadcom (AVGO) down 6%
• BRP Inc. (DOOO) down 8%

LOWER –

• Eastside Distilling (EAST) down 14% after announcing the pricing of a registered direct offering for the sale and issuance of 442,042 shares of the company’s common stock to a single institutional investor at a unit purchase price of $1.00
• Alphabet (GOOGL) down 1% after an investigation by the Competition and Markets Authority of the United Kingdom has provisionally found that Google is using anti-competitive practices in open-display ad tech, which it believes “could be harming thousands of UK publishers and advertisers”
• QMMM Holdings (QMMM) down 1% after filing to sell 5.24M ordinary shares for holders