tiprankstipranks
The Fly

Morning Movers: U.S. Steel falls after President Biden blocks Nippon deal

Morning Movers: U.S. Steel falls after President Biden blocks Nippon deal

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


HIGHER –

  • N2OFF (NITO) up 96% after signing a binding letter of intent with Solterra subsidiary, Soltera Brand Services Italy
  • Nu Skin (NUS) up 19% after its subsidiary Rhyz sold its Mavely affiliate marketing technology platform to Later in exchange for approximately $250M in the form of cash and a minority equity stake in the combined Later/Mavely business
  • Block (SQ) up 3% after Raymond James upgraded the stock to Outperform with a $115 price target


UP AFTER EARNINGS –

  • Resources Connection (RGP) up 5%


DOWN AFTER EARNINGS –

  • Taylor Devices (TAYD) down 3%


LOWER –

  • CytoSorbents (CTSO) down 15% after reporting preliminary Q4 results
  • U.S. Steel (X) down 7% after President Biden decided to officially block Nippon Steel’s (NPCSY) proposed takeover
  • TreeHouse (THS) down 1% after completing its acquisition of Harris Tea for approximately $205M and backing the company’s prior FY24 view

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com