Morning Movers: Intel jumps after announcing AWS collaboration

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

HIGHER –

• Intel (INTC) up 6% after announcing an AWS strategic collaboration, additional $7.8B investment from Amazon (AMZN) and Intel Foundry becoming independent subsidiary
  
• BurgerFi (BFI) up 82% after announcing that it received interim court approval of its “first day” motions designed to facilitate and ensure the continued and uninterrupted operations of the company’s 144 locations, as requested
• Relmada Therapeutics (RLMD) up 18% after Jefferies upgraded the stock to Buy with a price target of $13, up from $3.50
• Microsoft (MSFT) up 2% after announcing a 10% increase over the previous quarter’s dividend and a new share repurchase program authorizing up to $60B in share repurchases

UP AFTER EARNINGS –

• Compass Minerals (CMP) up 2%
• Ferguson (FERG) up 1%

DOWN AFTER EARNINGS –

• Netcapital (NCPL) down 27%

LOWER –

• Dermata Therapeutics (DRMA) down 11% after announcing $3.5M private placement priced at-the-market
• Tupperware Brands (TUP) down another 7% after Bloomberg reported late yesterday that the company plans a bankruptcy filing