Morning Movers: KeyCorp surges following Scotiabank taking stake

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

HIGHER –

• KeyCorp (KEY) up 18% after Scotiabank (BNS) announced that it has entered into an agreement to acquire an approximate 14.9% pro-forma ownership stake in KeyCorp (KEY) through an issuance of common shares at a price of $17.17 per share
• Starbucks (SBUX) up 2% after The Wall Street Journal reported Starboard Value has a stake in Starbucks and wants the company to take steps to boost its stock price

UP AFTER EARNINGS –

• Monday.com (MNDY) up 10%
• China Yuchai (CYD) up 6%
• KE Holdings (BEKE) up 7%
• Apogee Therapeutics (APGE) up 3%
• Barrick Gold (GOLD) up 3%

DOWN AFTER EARNINGS –

• B. Riley Financial (RILY) down 48%
• Neuronetics (STIM) down 12%
• Y-mAbs Therapeutics (YMAB) down 8%

LOWER –

• JetBlue (JBLU) down 11% after announcing $400M convertible senior notes offering
• Hawaiian Electric (HE) down 16% after reporting it does not yet have a financing plan in place to address the future payment of the $1.71B Maui windstorm and wildfire settlement accrued in Q2