>>> US Gapping Down

Gapping down
In reaction to earnings/guidance
:

  • None

Other news:

  • VYGR -9.4% (VYGR provides update on NBIb-1817 gene therapy program; FDA notified NBIX that it placed clinical hold on RESTORE-1 clinical trial)
  • SPPI -8.5% (provides update on pre-NDA meeting for poziotinib; Cohort 3 of the ZENITH20 clinical trial did not meet its primary endpoint)
  • NBIX -2.7% (VYGR provides update on NBIb-1817 gene therapy program; FDA notified NBIX that it placed clinical hold on RESTORE-1 clinical trial)
  • TBIO -1.9% (CFO to depart)
  • PII -1.4% (names interim CEO and interim CFO),
  • CLDT -1% (files for $500 mln mixed securities shelf offering),

Analyst comments:

  • FUBO -7% (downgraded to Market Perform from Outperform at BMO Capital Markets)
  • PAYS -2.6% (downgraded to Hold from Buy at Canaccord Genuity)

>>> US Gapping Up

Gapping up
In reaction to earnings/guidance
:

  • None

Other news:

  • MOGO +29.8% (plans to make an initial corporate investment of up to $1.5 million in bitcoin and will consider additional investments in 2021 as it monetizes its $17 million investment portfolio)
  • SUPN +27% (positive results from a Phase III study of SPN-812 for ADHD)
  • MGNI +20.2% (Needham analyst names MGNI as Top Pick for 2021, on CNBC)
  • CASI +13.4% (announces that the Chinese Center for Drug Evaluation has granted Breakthrough Therapy Designation to its partner Juventas Cell Therapy for CNCT19, a potential CD19 CAR-T therapy for the treatment of adults with relapsed/refractory B-cell acute lymphoblastic leukemia )
  • WSG +12% (announces intention to terminate ADS deposit agreement and to seek delisting of the ADSs from Nasdaq)
  • OCN +10.3% (announces deal with Oaktree Capital to form strategic relationship to acquire and hold mortgage servicing rights)
  • SRNE +9.3% (submitted an emergency use authorization application to the FDA for COVI-STIX rapid test for the detection of SARS-CoV-2 viral antigen)
  • DQ +5% (announced that its subsidiary Xinjiang Daqo New Energy has signed long-term high-purity polysilicon supply agreements with a subsidiary of JA Solar and with another leading solar company)
  • CWEN +1.4% (announces agreements providing for co-investment in a 1,204 MW portfolio of renewable energy projects)
  • RGNX +1.1% (to sell a portion of its Zolgensma royalty rights for $200 mln)
  • PFE +0.7% (and BioNTech (BNTX) to supply the US with 100 mln additional doses of COVID-19 vaccine)  

Analyst comments:

  • KLDO +13.9% (initiated with a Mkt Outperform at JMP Securities)
  • LAC +8.8% (initiated with a Buy at Stifel)
  • HGEN +5.8% (initiated with a Buy at National Securities)
  • PCPL +2.9% (initiated with a Buy at The Benchmark Company)
  • RDS.A +1.8% (initiated with a Buy at MKM Partners)

(OG) SPACs 12/23/20

Today:

 

BREZU First Day of Separate Trading for Common Stock, Rights and Warrants (under BREZ, BREZR and BREZW symbols on Nasdaq)

CFVIU Expected First Trading Day

HCARU Expected First Trading Day

HYAC/ARKO Holdings First Day of Trading for Combined Company (under the ARKO and ARKOW symbols on Nasdaq)

LOAK/Danimer LOAK Shareholder Redemption Deadline 5:00pm ET

LSAC/Vincera Pharma Expected Closing Date (per companies)

MNCL/AerSale First Day of Trading for Combined Company (under the ASLE and ASLEW symbols on Nasdaq)

PCPL/E2Open PCPL S/H Record Date

PTAC/Porch.com Expected Closing Date (after the close)

RMG/Romeo Systems RMG Shareholder Redemption Deadline 5:00pm ET

VHAQ/U Expected First Trading Day

VIIAU Expected First Trading Day

 

SPAC talks

Ctech:  Payoneer in advanced talks to entere NASDAQ via SPAC; also mentions Taboola and Innoviz

No SPAC name as partner mentioned

Taboola in Talks for Merger With ION SPAC: Haaretz

 

VIIAU

Upsized $200M IPO Priced

The units will be listed on the Nasdaq Capital Market (“Nasdaq”) and will begin trading tomorrow, Wednesday, December 23, 2020, under the ticker symbol “VIIAU.” Each unit consists of one share of the Company’s Class A common stock and one-half of one redeemable warrant, each whole warrant entitling the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable and will trade.  Once the securities comprising the units begin separate trading, shares of the Class A common stock and warrants are expected to be listed on Nasdaq under the symbols “VII” and “VIIAW,” respectively.

 

CFIVU

Upsized $450M IPO Priced

The units are expected to be listed on the Nasdaq Capital Market ("Nasdaq") and trade under the symbol "CFIVU" beginning Wednesday, December 23, 2020. Each unit consists of one share of Class A common stock and one-third of one warrant. Each whole warrant is exercisable to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. Once the securities comprising the units begin separate trading, the Class A common stock and warrants are expected to be listed on the NASDAQ under the symbols "CFIV" and "CFIVW," respectively.

 

VHAQU

$175M IPO Priced

The units are expected to trade on the NYSE American (“NYSE American”) under the ticker symbol “VHAQU” beginning December 23, 2020. Each unit consists of one share of common stock, one redeemable warrant with each warrant entitling the holder thereof to purchase one half-share of common stock at a price of $11.50 per full share, and one right to receive one-twentieth of one share of common stock upon the consummation of an initial business combination. Once the securities comprising the units begin separate trading, the shares of common stock, redeemable warrants, and rights are expected to be listed on the NYSE American under the symbols “VHAQ,” “VHAQW,” and “VHAQR,” respectively.

 

HCARU

Upsized $288M IPO Priced

The units are expected to be listed for trading on The Nasdaq Capital Market ("Nasdaq") under the ticker symbol "HCARU" beginning December 23, 2020. Each unit consists of one share of the Company's Class A common stock and one-half of one redeemable warrant

Once the securities comprising the units begin separate trading, the Company expects that its Class A common stock and warrants will be listed on Nasdaq under the symbols "HCAR" and "HCARW," respectively.

 

OCAXU

$130M IPO Filed.  1 Class A and ½ redeemable warrant.  Applying to list NASDAQ

Of the proceeds we receive from this offering and the sale of the private placement warrants described in this prospectus, $131.95 million or $151.7425 million if the underwriters’ over-allotment option is exercised in full ($10.15 per unit in either case) will be deposited into a trust account

Olympus Capital Holdings Asia, LLC, an Asian focused private equity firm, referred to herein as Olympus Capital, is our advisor and the advisor of Olympus Capital Asia V, L.P. We intend to capitalize on the ability of our management team and the broader Olympus Capital platform primarily to identify and acquire a U.S. business in the technology-enabled business services (including healthcare and education) or financial services sectors (the “Target Sectors”) that may provide opportunities for attractive long-term risk-adjusted returns (as the Target Sectors are projected to grow at over 16% per annum over the next four years in the U.S.), though we reserve the right to pursue an acquisition opportunity in any business or industry. We intend to focus our search on business combination targets with an aggregate enterprise value ranging from $750.0 million to $1.0 billion

David Shen, our Chief Executive Officer, President, and board member, has over 25 years of investment and financial experience in Asia and the United States, joining Olympus Capital in Hong Kong in 1998 and leading its efforts in Japan while based in Tokyo from 2001-2010.

Jeffrey Glat, our Chief Financial Officer and board member, has over 30  years of experience in accounting for financial services companies. 

Daniel Mintz, a board member, has more than 30 years of private equity investment and M&A experience in Asia and the United States. 

 

ACAM/Carlotz

S-4/A#2 filed 1/20/21 meeting, 1/15 redemption deadline

 

NBAC/Nuvve

PREM14A filed, no dates

 

 

From Yesterday:

 

CLA/Ouster

S-4 Filed

No record or meeting dates or redemption deadline; expect to complete merger in the first quarter of 2021 (HSR not yet filed)

Background:

- During the search process, CLA reviewed more than 40 acquisition opportunities across a wide range of industries including real estate, energy, hospitality, technology, agriculture, and telecommunications. CLA had active discussions with 24 of those potential business targets and delivered initial drafts of letters of intent to four of such companies, including Ouster. CLA ultimately determined to not proceed with each of the other potential acquisition opportunities, either because:

(i) CLA did not prevail or could not pre-empt a competitive process;

(ii) CLA could not come to an agreement with the counterparty on the economic terms for a potential transaction; or

(iii) CLA concluded that the target business or the terms of a potential business combination would not be suitable for CLA.

- the confidentiality agreement with Ouster was executed on 9/20/20, with the merger agreement executed on 12/21/20

 

JIH/Janus

Merger Agreement Filed

 

DMYT/Rush Street

Merger expected to become effective after closing on 12/29 (per NYSE)

 

SMMC/Billtrust

SMMC Announces Meeting Date for Special Meeting of Stockholders Relating to Previously Announced Business Combination with Billtrust; 424B3 Filed (redline sent separately)  (no material changes from S-4/A#3 filed on 12/18/20)

 

PCPL/E2Open

PCPL and E2open Announce Additional $175 Million Fully Committed Common Stock PIPE at $10 per share

 

SCPE

DEF 14A Filed

For EGM on 1/12/21 to vote on an extension of the deadline to consummate an initial business combination from 1/16/21 to 4/16/21; adds expected trust account value at the time of the EGM (~$10.12)

 

SWETU

S-1 Filed

For IPO of 20.0M units at a price of $10 per unit; each unit will consist of one share of Class A common stock and one-half of one redeemable warrant; to trade under SWETU, SWET and SWETW symbols on Nasdaq (no dates)

While we may pursue an acquisition opportunity in any industry or sector, we intend to focus on businesses in the health, wellness and fitness sectors and the products, devices, applications, and technology driving growth within these verticals. More specific examples in these sectors include, but are not limited to, nutrition, digital fitness programming, connected equipment, activewear, meditation and mental wellness, experiential fitness and wellness, recovery, and sleep. Our management team and Board of Directors have extensive knowledge and relationships within these markets, and we intend to capitalize on our ability to identify and acquire businesses that stand to benefit from our unique operational and strategic expertise.

Our sponsor is an affiliate of Causeway Media Partners (“Causeway”). Founded in 2013, Causeway is an investment fund focused on the sports, fitness and related industries. Targeting growth organizations and opportunities, Causeway is committed to forging long-term partnerships and supporting management teams to accelerate their operational and strategic initiatives. The Causeway team offers deep industry expertise at the intersection of sports and wellness as well as access to a unique network of connections across both industries. Causeway is led by: Wyc Grousbeck, former general partner at Highland Capital Partners and lead owner of the Boston Celtics; Mark Wan, co-founder of Three Arch Partners and co-owner in both the Boston Celtics and the San Francisco 49ers; and Bob Higgins, co-founder of Highland Capital Partners. The limited partners of Causeway include professional team owners from the NFL, NBA, MLB, and other leagues. In addition, Causeway’s limited partners include media executives, financial institutions, and general partners from a dozen private equity firms. Select portfolio companies of Causeway include FloSports, Formula E, Freeletics, Omaze, Peerfit, QuintEvents, SeatGeek, SportsEngine, Tracksmith and Zwift.

 

POWRU

S-1 Filed

20.0M units at a price of $10.00 per unit; each unit consists of one Class A ordinary share and one-third of one redeemable warrant; to trade under POWRU, POW and POWRW on Nasdaq (no dates)

While we may pursue an initial business combination with a company in any sector, we intend to focus on beauty, wellness, and consumer-related businesses.

Katherine Power is a serial entrepreneur, prolific consumer brand-builder, CEO, and investor focused on products and businesses that connect primarily with female Millennial and Gen Z consumers. Her companies have collectively raised over $50 million in venture capital and strategic funding from well-known investors and corporations. Ms. Power currently serves as the CEO of Clique Brands, a global media and consumer brands company she co-founded in 2007 that combines the power of data science with its expert editorial team to create content and products that are highly relevant to Millennial and Gen Z consumers.

 

HCICU

S-1 Filed

25M units offered at $10, units consist of 1 share and 1/3rd of a warrant, 24 months business combination period, will be listed under HCICU, HCIC, HCICW on Nasdaq (no dates)

While we may pursue an acquisition opportunity in any business, industry, sector or geographical location, we intend to focus on industries that complement our management team’s background, and to capitalize on the ability of our management team to identify and acquire a business, focusing on sustainable industrial technology and infrastructure sectors in the United States (which may include a business based in the United States which has operations or opportunities outside of the United States). We will seek to acquire one or more businesses with an aggregate enterprise value of $1 billion or greater.

We believe that every facet of the industrial value chain, from shipping and freight to process engineering and manufacturing, stands to benefit, financially and otherwise, from efficiency improvements offered by sustainable industrial technology and infrastructure technologies. As a continuous independent SPAC sponsor, Hennessy Capital believes it has demonstrated that a partnership through one of its SPAC vehicles is a catalyst for “Sustainable Growth”. Our team is led by Daniel J. Hennessy, our Chairman and CEO, who is one of the longest tenured and most experienced SPAC sponsor executives

 

EPWRU

S-1 Filed

20M units offered at $10, each unit will consist of one share of Class A common stock and one-half of one redeemable warrant; will be listed under EPWR/U, EPWR, EPWR/WS on the NYSE (no dates), 24 months to complete a business combination

We are a special purpose acquisition company driven by a unique and critical mission: to use our significant experience and resources to acquire a diverse-led business or a business focused on promoting an inclusive economy and society and provide strategic advice in support of its ongoing growth and success to create enduring shareholder value.

To share in that value creation, PNC and Jefferies intend to each donate all of their respective founders shares and warrants to initiatives supporting the economic empowerment and inclusion of underrepresented groups.

Our Chairman and Chief Executive Officer, Harold Ford Jr., served in Congress for 10 years from 1997 to 2007 representing Tennessee’s 9th congressional district and was a member of the House Financial Services, Budget and Education Committees as well as the Congressional Black Caucus. Our Chief Financial Officer and Secretary, Virginia (Ginnie) Henkels, was the Executive Vice President, Chief Financial Officer and Treasurer of Swift Transportation Company (“Swift”) from 2008 to 2017, a then $4 billion publicly traded transportation services company, where she led numerous capital market transactions including its 2010 initial public offering and balance sheet recapitalization and its 2017 merger with Knight Transportation.

 

LSAC/Vincera

LSAC Shareholders Approve Merger

LSAC currently expects to close the Business Combination with Vincera Pharma on December 23, 2020

 

AKICU

S-1/A#1 Filed

Exhibits only

 

GIX/Uphealth/Cloudbreak

GIX Discloses Issuance of Convertible Unsecured Promissory Note

On December 19, 2020, GIX issued a convertible unsecured promissory note (the “Working Capital Note”) in the aggregate principal amount of $300,000 to GigAcquisitions2, LLC, a Delaware limited liability company (our “Sponsor”). Our Sponsor is an entity affiliated with our executive officers, directors and our other advisors and is our largest stockholder. The Company issued the Working Capital Note in consideration for a loan from the Sponsor to fund the Company’s working capital requirements between now and March 10, 2021, which is the period of time that the Company has available to complete its initial business combination following the December 8, 2020 amendment to its certificate of incorporation. The Working Capital Note was issued to provide the Company with additional working capital and will not be deposited into the Company’s trust account. The Working Capital Note is convertible at the Sponsor’s election upon the consummation of the proposed business combinations

 

VCVCU

VCVCU Announces the Separate Trading of its Common Stock and Warrants, Commencing December 28, 2020

Under the VCVC and VCVCW symbols on

Nasdaq

 

VTAQU

S-1/A#4 Filed

No material changes

 

MCAC/Playboy

S-1/A#1 Filed

To register the resale of up to 5,000,000 shares of common stock (the “PIPE Shares”), par value $0.0001 per share (the “Common Stock”) of Mountain Crest Acquisition Corp, a Delaware corporation (“MCAC”), by the selling stockholders named in the prospectus (or their permitted transferees) who are to be issued the PIPE Shares in a private placement immediately prior to the closing of the proposed business combination

 

DISCLAIMER This information represents neither an offer to buy or sell any security nor, because it does not take into account the differing needs of individual clients, investment advice. Those seeking investment advice specific to their financial profiles and goals should contact their Oscar Gruss & Son Incorporated sales representative. Oscar Gruss & Son Incorporated believes this information to be reliable, but no representation is made as to accuracy or completeness. This information does not analyze every material fact concerning a company, industry, or security. Oscar Gruss & Son Incorporated assumes that this information will be read in conjunction with other publicly available data. Matters discussed here are subject to change without notice. There can be no assurance that reliance on the information contained here will produce profitable results. A security denominated in a foreign currency is subject to fluctuations in currency exchange rates, which may have an adverse effect on the value of the security upon the conversion into local currency of dividends, interest, or sales proceeds. The value of securities and depositary receipts of foreign issuers that are denominated in United States dollars are also influenced by fluctuations in currency exchange rates. © 2020 Oscar Gruss & Son Incorporated. All rights reserved.

WWD : Marni Renews Contract With Creative Director Francesco Risso

Marni Renews Contract With Creative Director Francesco Risso
Risso joined the Italian label in 2016, succeeding founder Consuelo Castiglioni.

MILAN — Marni is banking on Francesco Risso to further grow the brand, renewing the designer’s contract.

“Since joining, Francesco has taken on every bit of Marni’s DNA, whilst fully embracing his role as creative director,” said Renzo Rosso, president of Marni parent company OTB. “His unique leadership covers every aspect of his work, from style to interior design to marketing and the whole digital world, and he can count on an amazing global network of talents to help him express his vision. He has forged a new direction for the brand, rejuvenating it whilst also making Marni his own. I am delighted that we will continue to work together for many years to come.”

The company declined to reveal the length of the new contract, but it is understood it is a long-term agreement. OTB’s decision to reveal the extension firmly squelches recurring rumors about a possible exit of the designer.

Risso joined Marni in 2016, unveiling his first collection for the brand’s fall 2017 season, and succeeding the label’s founder Consuelo Castiglioni.

“Four years ago, I was humbled by the opportunity I was being given,” Risso said. “Today, I am even more grateful for this renewed stewardship. What we have achieved over the past years could not be possible without the trust of Renzo Rosso, the OTB group and the dedication of the teams around me. As the journey continues, I am excited to lead Marni toward the future, with even more creativity, honesty and commitment.”

The designer studied at Florence’s Polimoda, New York’s Fashion Institute of Technology and Central Saint Martins in London. His work experience started at Anna Molinari, and after stints at Alessandro Dell’Acqua and Malo, in 2008 he joined Prada Group to work on the brand’s women’s show collections and on special brand endorsement projects.

“Remaining truthful to the spirit of the house, Risso has pushed the brand beyond its limits, fostering creativity at all levels and turning Marni into a playground for meaningful, artistic dialogues,” the company said. “Risso will continue to expand his vision for Marni, spearheading the brand image at global level and permeating all creative domains, from collections to communications.”

Rosso took full control of Marni in 2015. The brand was launched in 1994 as a fur collection, meant to diversify the production of Consuelo Castiglioni’s husband Gianni and his family’s company, Ciwifurs, a storied licensee for several designer brands. Retailers started asking for apparel to go with the furs and then accessories.

The Castiglionis first showed men’s wear together with women’s wear for spring 2002 and the category had its first solo runway show for fall 2006.

Risso has so far led Marni with an unwavering independent spirit and vision of fashion — and a touch of bravado. For spring 2021, the designer planned an ambitious video presentation: a livestream that would integrate narratives of more than 40 friends filmed in 12 cities around the world, from London and Shanghai to Dakar, Senegal, and Grand Island, Neb.

For Marni’s men’s fall 2020 show, Risso and choreographer Michele Rizzo were inspired by Prince Prospero, the protagonist of Edgar Allan Poe’s “The Masque of the Red Death,” who locked himself in his safe castle to escape a horrible pestilence. In a dimly lit room where the audience stood on benches, the duo created a dance performance with young men and women slowly gyrating to tech music.

For resort 2021, Risso kicked off his Marni-Festo, “showcasing the essence of Marni,” he said at the time, instead of creating a new thematic world.

His designs are characterized by clashing prints, vibrant colors, deconstructed silhouettes, generous volumes and asymmetric cuts. He often injects naif or grungy vibes into the looks, which have a young and rebellious attitude. Risso is also drawn to Surrealism and the world of Alice in Wonderland — even taking his bow at the women’s fall 2020 show disguised as the White Rabbit.

Commenting on 2019 OTB financial results earlier this year, the group’s chief executive officer Ubaldo Minelli told WWD that Marni continued to evolve, reaching out to younger, international customers as 50 percent of them are now below age 35. In 2019, sales increased by more than 8 percent, with accessories accounting for 58 percent of the total. Last year, Marni opened eight stores, including a flagship in Tokyo’s Omotesando, and the first unit in Maximilianstraße, Munich. There are 76 directly operated Marni stores and 24 franchised units. The brand is available at more than 450 wholesale doors.

OTB has been looking to expand its portfolio of brands, which includes Diesel, Maison Margiela, Marni, Viktor & Rolf and a minority stake in Amiri, as well as production arms Staff International and Brave Kids. As reported earlier this month, sources say OTB is looking at acquiring Jil Sander, which is owned by Onward Holdings.

The group last fall renewed John Galliano’s employment pact for Maison Margiela. Galliano was appointed creative director of the brand in 2014.

FT : LG Electronics agrees $1bn EV parts joint venture with Canada’s Magna

LG Electronics agrees $1bn EV parts joint venture with Canada’s Magna
Deal aimed at capturing bigger share of global market sends South Korean group’s shares up 30%

LG Electronics will spin off part of its electric vehicle components business and set up a $1bn joint venture with Canada’s Magna International — a deal that is aimed at capturing a bigger share of the fast-growing global EV parts market and which lifted its shares by a third.

The South Korean group will hold a 51 per cent stake in the JV and Magna the rest. The venture will produce e-motors, inverters and onboard chargers in LG’s factories in Incheon, South Korea and Nanjing in China, LG said.

It is LG’s second major investment in the auto industry, following its $1.3bn purchase of ZKW Group, an auto-lighting and headlight systems provider, in 2018. Earlier this month, the group’s battery-making affiliate LG Chem spun off its EV battery and energy storage business into a standalone unit.

Auto parts suppliers are keen to make inroads into the lucrative EV market as traditional automakers accelerate their transition to electrification in response to stricter regulations on gasoline-powered cars and rapid improvements in EV battery technology.

“The market for e-motors, inverters and electric-drive systems is expected to have significant growth between now and 2030 and the JV will target this fast-growing global market with a world-class portfolio,” LG and Magna said in a joint press release.

Shares in LG Electronics climbed by their maximum daily limit of 30 per cent on Wednesday to Won119,500, their highest in nearly 10 years. The benchmark Kospi Composite index was up 1 per cent.

“There were a lot of doubts about the future of LG’s auto components business but the company has a well-established product portfolio,” said Kim Young-woo, an analyst at SK Securities. “The tie-up with Magna will help it benefit more from the growth of EVs and self-driving cars.”

The deal is the latest in a wave of consolidation in the sector. Gear maker BorgWarner took over rival Delphi earlier this year, while Toyota Motor has set up an EV parts-making venture with Japanese manufacturers Aisin Seiki and Denso.

LG said its joint venture with Magna would be a leading player in the global EV components market by integrating its advanced manufacturing techniques with the Canadian auto supplier’s parts-making experience and global networks.

The South Korean group’s vehicle component solutions business has reported operating losses for the past 19 quarters but the company expects to swing to profit in the third quarter of next year.

LG has supplied EV components including motors and battery packs for GM’s Bolt and Jaguar’s I-Pace, while Magna makes EV gear for Volkswagen and other carmakers.

The LG-Magna deal will be completed in July next year pending LG shareholders’ approval. The joint venture, tentatively named LG Magna e-Powertrain, will employ about 1,000 people in the US, Seoul and China and service orders from Magna and its clients.

>>> Stoxx 600 Pre-Market indications

  • Ryanair (RY4C TH) +2.6%
    • France to Reopen U.K. Border After Paralyzing Busiest Port (1)
  • Nibe (NJBC TH) +2.5%
  • CD Projekt (7CD TH) +1.9%
    • Cyberpunk 2077 Game Sales Top 13 Million After Refunds
  • BAE (BSP TH) +1.7%
  • Orsted AS (D2G TH) +1.3%
  • Carnival Plc (POH1 TH) +1.3%
  • Vodafone (VODI TH) +1.2%
    • India Asked to Pay $1.2 Billion to Cairn After Arbitration Loss
  • AMS (DQW1 TH) +1%
  • Daimler (DAI TH) +1%
    • Daimler Mulls Truck-Unit IPO at End of Next Year: Handelsblatt
  • Siemens Energy (ENR TH) +1%
  • BP (BPE5 TH) -0.6%
  • TeamViewer (TMV TH) -0.7%
  • Symrise (SY1 TH) -0.7%
  • HelloFresh (HFG TH) -0.7%
  • AstraZeneca (ZEG TH) -0.9%
  • Rheinmetall (RHM TH) -0.9%
  • TUI (TUI1 TH) -1%
  • EssilorLuxottica (ESL TH) -1.1%
  • Imperial Brands (ITB TH) -1.2%
  • Amplifon (AXNA TH) -1.4%
    • Amplifon in Pact to Buy PJC Hearing