Morning Movers: Iteris skyrockets following take-private agreement

Check out this morning’s top movers from around Wall Street, compiled by The Fly. 

HIGHER –

• Iteris (ITI) up 64% after announcing that it has entered into a definitive merger agreement to be acquired by Almaviva, a private Italian digital innovation group, in an all-cash transaction valuing Iteris at approximately $335M equity value

UP AFTER EARNINGS –

• Innovative Solutions (ISSC) up 13%
• Construction Partners (ROAD) up 9%
• Soligenix (SNGX) up 7%
• Nikola (NKLA) up 6%
• Pagaya (PGY) up 5%
• Legend Biotech (LEGN) up 4%
• Calumet Specialty Products (CLMT) up 2%

DOWN AFTER EARNINGS –

• EchoStar (SATS) down 11%
• Canopy Growth (CGC) down 7%
• New Fortress Energy (NFE) down 7%
• Soho House (SHCO) down 2%

LOWER –

• AN2 Therapeutics (ANTX) down 36% after announcing the company will terminate the Phase 2 and Phase 3 parts of the EBO-301 trial