Closing Bell Movers: AES Corp jumps 14% on takeover possibility

In the opening hour of the evening session, U.S. equity futures are marginally firmer, with S&P 500 and Nasdaq 100 up 0.1% while Dow Industrials are flat.  In commodities, WTI Crude Oil is down slightly but still above $68 per barrel following a large build in crude oil reported by API.  In precious metals, gold and silver are mixed with the former down slightly at $3,311 and the latter up near $37 per ounce.  

Energy was the best performing sector on the S&P 500 on Tuesday amid reemerging macro tensions, with Yemen’s Houthi militants attacking a commercial ship on Red Sea.  Meanwhile, Staples and Utilities were lower, with yields on U.S. Treasuries up for the 5th straight session.

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

HIGHER AFTER EARNINGS –

• Kura Sushi (KRUS) up 1.9%

ALSO HIGHER –

• AES Corp (AES) up 13.5% after Bloomberg report of takeover interest

DOWN AFTER EARNINGS –

• Aehr Test Systems (AEHR) down 21.4%
• Penguin Solutions (PENG) down 7.7% 

ALSO LOWER –

• RxSight (RXST) down 34.3% after bel0w-consensus Q2 pre-announcement
• Vertical Aerospace (EVTL) down 20.1% after equity offering
• Mobileye (MBLY) down 1.3% after equity offering, pre-announcement