Morning Movers: H&E skyrockets following deal to be acquired by United Rentals

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

HIGHER –

• H&E Equipment (HEES) and United Rentals (URI) up 106% and 3%, respectively, after the companies announced their entry into a definitive agreement under which United Rentals will acquire H&E for $92 per share in cash
• Applied Digital (APLD) up 21% after entering into a $5B perpetual preferred equity financing facility, with investment vehicles of funds managed by Macquarie Asset Management, for its HPC business
• ACM Research (ACMR) up 7% after raising its FY24 revenue outlook and providing FY25 guidance
• Regenxbio (RGNX) up 3% after announcing a strategic partnership with Nippon Shinyaku for the development and commercialization of RGX-121 for the treatment of Mucopolysaccharidosis II and RGX-111 for Mucopolysaccharidosis I
• Angi Inc. (ANGI) up 11% after IAC (IAC) announced its board of directors has approved a plan to spin off IAC’s full stake in the company to IAC shareholders
• Teladoc (TDOC) up 5% after entering a new collaboration with Amazon (AMZN) to expand access to Teladoc’s chronic condition programs

UP AFTER EARNINGS –

• Quanterix (QTRX) up 12%
• KB Home (KBH) up 14%

DOWN AFTER EARNINGS –

• ServiceTitan (TTAN) down 2%

LOWER –

• Signet Jewelers (SIG) down 15% after reporting holiday same-store sales was down 2% and cutting its Q4 view
• Nomad Foods (NOMD) down 1% after providing FY25 guidance