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On The Fly: Pre-market Movers.

HIGHER: Tesla (TSLA), up 6.5% after reporting Q1 production totaled 34,494 vehicles, up 40% from Q4, and stating that the company is "on track" for its FY18 Model S and Model X delivery guidance... MoneyGram (MGI), up 8% after the company announced the launch of Walmart2World, a new money transfer service that allows customers to send money from U.S. Walmart (WMT) stores to MoneyGram locations in 200 countries... U.S. Steel (X), up 3% after Citi analyst Alexander Hacking upgraded the stock to Buy from Hold and raised his price target for the shares to $46 from $43... AngioDynamics (ANGO), up 4% after being upgraded to Outperform from Market Perform at Raymond James... Bio-Path Holdings (BPTH), up 66% after its drug prexigebersen plus LDAC shows early anti-leukemic activity. LOWER: Viacom (VIAB), down 3% after a Reuters report said that CBS (CBS) was preparing a lower-than-valuation offer for the company... Longfin (LFIN), down 22% after the company disclosed that the Division of Enforcement of the SEC informed the company that it is conducting an investigation of trading in the company's securities... Rigel Pharmaceuticals (RIGL), down 6% after reporting that its proof-of-concept Phase 2 study of fostamatinib in patients with IgA nephropathy, an orphan autoimmune disease of the kidneys, did not achieve statistical significance for its primary endpoint.

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Publication:The Fly
Date:Apr 3, 2018
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