Premarket Breakfast for Monday, August 26th

SPY is up on President Trump saying that the US and China are "getting back to the table" on settling the trade war after a 3% decline on Friday after escalating trade war tensions.
Gap Percent Ticker Company Name Industry Company Size Market Cap Description Tags Insights
28.5% MDCO The Medicines Company
icons/information-outline biotech (cardiovascular)
mid cap 2.84 Billion
Co reports positive Phase 3 trials for drug Inclisiran which controls LDL-cholesterol levels. show more
drug results
25.2% RKDA Arcadia Biosciences, Inc.
icons/information-outline agricultural food ingredients
nano cap 41.2 Million
Several news items hitting the Co all at once, CEO resigning, Co issuing guidance, and new partnership to create a new product. show more
guidance
management leaving
6.6% PBI Pitney Bowes Inc.
icons/information-outline customer information management
small cap 624 Million
Co selling its software solutions unit to Syncsort for $700mm, will use proceeds to pay down debt. show more
asset sale
4.2% FHL Futu Holdings Limited
icons/information-outline digitized brokerage platform
small cap 1.24 Billion
Earnings, Co beats on profits and revenues, also increases clients 65% y/y. show more
3.0% BMY Bristol-Myers Squibb Company
icons/information-outline biotech (conglomerate)
large cap 78.3 Billion
Co is selling OTEZLA (the only oral, non-biologic treatment for psoriasis and psoriatic arthritis) to Amgen $AMGN, a drug which was required to be divested before the Co can move forward with its merger with Celgene $CELG.Ā  show more
asset sale
-6.0% ZGNX Zogenix, Inc.
icons/information-outline biotech (central nervous system diseases)
mid cap 2.19 Billion
Co acquiring private company Modis Therapeutics for $400mm. show more
major acquisition
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