Check out this morning’s top movers from around Wall Street, compiled by The Fly.
HIGHER –
- U.S. Bancorp (USB) up 1% after announcing a share repurchase program for up to $5B of the company’s outstanding common stock and also raising its quarterly dividend
- Netgear (NTGR) up 20% after raising its third quarter guidance
UP AFTER EARNINGS –
DOWN AFTER EARNINGS –
LOWER –
- ModivCare (MODV) down 15% after filing $200M mixed securities shelf
- Moderna (MRNA) down 12% after announcing plans to cut expenses by $1.1B by 2027 and to discontinue five programs
- Micron (MU) down 2% after Exane BNP Paribas double downgraded the stock to Underperform from Outperform with a price target of $67, down from $140
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on USB:
- US Bancorp Investor Day: Strategic Insights and Webcasts
- U.S. Bancorp announces $5B share repurchase plan, raises dividend 2%
- U.S. Bancorp price target lowered to $46 from $48 at Goldman Sachs
- Oracle reports Q1 beat, EU says Apple must pay: Morning Buzz
- Barr says ‘material changes’ warranted to bank capital requirement proposals
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