EagleRock Land (EROK) shares were up over 21% in Thursday trading following their debut on the New York Stock Exchange and
NYSE Texas.
The shares were trading at around $22.49 after midday after opening at $23.
The land management royalty company priced its initial public offering of 17.3 million Class A shares at $18.50 per share. The offering is expected to close on May 15.
Price: $22.49, Change: $+3.99, Percent Change: +21.54%
(Updates with recent stock movement and upgrade from Wedbush in headline and first two paragraphs.)STAAR Surgical (STAA) shares rose more than 10% in Thursday afternoon trading after Wedbush Securities upgraded the company's stock following the company's Q1 results that beat market expectations.The investment firm upgraded the stock to outperform from neutral and adjusted the price target to $40 from $26. Trading volume of STAAR stood at more than 2.7 million shares against a daily average of about 1.3 million.The company reported Q1 earnings late Wednesday of $0.10 per diluted share, swinging from a loss of $1.10 a year earlier.Analysts surveyed by FactSet expected a loss of $0.05.Net sales for the three months ended April 3 rose to $93.5 million from $42.6 million a year earlier.Analysts polled by FactSet expected $78.7 million.Price: $32.53, Change: $+3.13, Percent Change: +10.63%
Tango Therapeutics (TNGX) shares were down 11% in Thursday trading after Jefferies downgraded the company's stock to hold from buy and adjusted its price target to $27 from $18.Trading volume stood at about 3.1 million shares, compared with a daily average of over 3.3 million.Price: $22.84, Change: $-2.67, Percent Change: -10.47%
Price: $443.75, Change: $-1.52, Percent Change: -0.34%