Morning Movers: United Continental Sinks, Sarepta Soars, MGM Rises
Stocks look set for a higher open this morning as they bounce back from yesterday's rout.
S&P 500 futures have advanced 0.1%, while Dow Jones Industrial Average futures have risen 0.2%. Nasdaq Composite futures have gained 0.2%.
MGM Resorts International (MGM) has risen 1.4% to $33.61 after agreeing to sell a casino property to MGM Growth Properties (MGP) and announcing a $1 billion stock buyback. MGM Growth Properties has dipped 0.2% to $30.63.
JetBlue Airways (JBLU) has declined 0.9% to $18.98 after it cut its revenue per available seat mile growth forecast.
Fred's (FRED) has climbed 3.3% to $5.95 after reporting an adjusted loss that was smaller than analysts had predicted.
HD Supply Holdings (HDS) has rallied 3.1% to $33.70 after meeting second-quarter earnings forecasts and offering above analyst forecasts.
Navistar International (NAV) has gained 2.1% to $34.65 after reporting earnings that topped the Street consensus.
Newell Brands (NWL) has tumbled 6.1% to $45.77 after cutting its full-year guidance due to Hurricane Harvey.
Exxon Mobil (XOM) has after getting upgraded to Neutral from Sell at UBS.
Interpublic Group (IPG) has after getting upgraded to Buy from Neutral at Citigroup.
Francesca's Holdings (FRAN) has tumbled 8% to $6.70 after beating earnings forecasts but offering disappointing guidance.
Landauer (LDR) has soared 13% to $69.10 after agreeing to be acquired for nearly $800 million by Fortive (FTV).
Novo Nordisk (NVO) has advanced 1.1% to $47.48 after getting upgraded to Neutral from Underperform at BofA Merrill Lynch.
Sonoco Products (SON) has risen 1.6% to $49 after getting upgraded to Buy from Underperform at BofA Merrill Lynch.
Sarepta Therapeutics (SRPT) has surged 15% to $47.17 after releasing positive results from a drug trial.
United Continental Holdings (UAL) has dropped 2.9% to $59.35 after offering disappointing passenger-revenue guidance.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.