Morning Movers: Flutter gains after $5B share repurchase program announcement

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

HIGHER –

• Eightco Holdings (OCTO) up 62% after regaining compliance with Nasdaq, giving a balance sheet update and providing FY25 guidance
• Flutter Entertainment (FLUT) up 7% after introducing FY27 outlook and authorizing an up to $5B share repurchase program
• Seelos Therapeutics (SEEL) up 4% after announcing that its board of directors approved a 1-for-16 reverse stock split
• DoorDash (DASH) up 2% after KeyBanc upgraded the stock to Overweight from Sector Weight with a $177 price target
• HP Enterprise (HPE) up 3% after Barclays upgraded shares to Overweight from Equal Weight with a price target of $24, up from $20

UP AFTER EARNINGS –

• Cintas (CTAS) up 3%

DOWN AFTER EARNINGS –

• Stitch Fix (SFIX) down 28%
• KB Home (KBH) down 6%

LOWER –

• Vertex Energy (VTNR) down 56% after entering into a restructuring support agreement that includes exploration of a sale transaction and commencing Chapter 11 in the United States Bankruptcy Court
• General Motors (GM) down 4% after Morgan Stanley downgraded the stock to Underweight from Equal Weight with a price target of $42, down from $47