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Soleno Shares Rally; Tyson Rises; Applied Opto Gains
Published 3 weeks, 6 days ago
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Soleno Therapeutics (SLNO) shares gain as much as 32% in premarket trading on Monday after the Financial Times reports that Neurocrine is in advanced talks to buy the company in a deal that could value it in the low-to-mid $50s per share, or in the excess of $2.5 billion.
- Tyson Foods (TSN) shares rise 1.8% premarket as Piper Sandler upgrades to overweight from neutral citing potential near-term catalysts in beef and chicken.
- Applied Optoelectronics (AAOI) received a new $71 million order for 800G single-mode data center transceivers from a hyperscale customer.
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