Why bluebird bio Shares Are Trading Higher By 14%; Here Are 20 Stocks Moving Premarket
Portfolio Pulse from Lisa Levin
Several stocks experienced significant pre-market movements. Notably, bluebird bio, Inc. (NASDAQ:BLUE) shares gained 14% after B of A Securities upgraded the stock from Neutral to Buy and raised the price target from $6 to $10. On the other hand, Sono Group N.V. (NASDAQ:SEV) fell 31.8% after receiving a notice of delisting from the Nasdaq. Other notable movers include 60 Degrees Pharmaceuticals, Inc. (NASDAQ:SXTP), Deep Medicine Acquisition Corp. (NASDAQ:DMAQ), and Startek, Inc. (NYSE:SRT).
July 19, 2023 | 12:12 pm
News sentiment analysis
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NEGATIVE IMPACT
Sono Group N.V. shares fell 31.8% after receiving a notice of delisting from the Nasdaq.
The notice of delisting from the Nasdaq is a significant negative development for Sono Group N.V. This news is likely to decrease investor confidence and potentially drive the stock price down in the short term.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
bluebird bio, Inc. shares gained 14% after an upgrade from B of A Securities.
The upgrade from B of A Securities and the raised price target are positive news for bluebird bio, Inc., which is likely to increase investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100