Morning Movers: Intel gains following report of potential foundry split

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

HIGHER –

• Intel (INTC) up 6% after Bloomberg reported the company is considering various scenarios, including a split of its product-design and manufacturing businesses, as well as which factory projects might potentially be scrapped
• Alibaba (BABA) up 4% after SCMP wrote China’s State Administration for Market Regulation, or SAMR, the nation’s market watchdog, praised Alibaba for its compliance with the antitrust authority as it put an official end to more than three years of regulatory scrutiny and closed out its antitrust review of the company
• Emergent BioSolutions (EBS) up 15% after announcing that the FDA has approved the supplemental Biologics License Application for the expansion of the indication for ACAM2000 to include prevention of mpox disease in individuals determined to be at high risk for mpox infection

UP AFTER EARNINGS –

• MongoDB (MDB) up 18%
• 3D Systems (DDD) up 5%
• Lululemon (LULU) up 4%
• Autodesk (ADSK) up 4%

DOWN AFTER EARNINGS –

• Elastic (ESTC) down 27%
• Ulta Beauty (ULTA) down 6%

LOWER –

• Alnylam (ALNY) down 8% after announcing detailed results from the HELIOS-B Phase 3 study of vutrisiran