Pre-Market Money Movers

by @tabber

NOV 3, 2026

Scorecard: 4/5 — Estee Lauder beat-and-raise still faded red

Monday, November 2, 2026: four of five featured calls got the day's direction right.

ScorecardEarnings
In this brief: 5 sections 2 min read
    • Closed ~$1.89 (+213.8% vs Friday's $0.60) after the FDA granted accelerated approval to Voceryq, the first plasmid DNA immunotherapy.
    • Peaked ~$2.27 premarket, opened $1.99, dipped to $1.66, then reclaimed $2.00 by midday.
    • Volume ~221.5M shares, ~33x average — the largest turnover in the biotech universe that day.
    • Closed ~$11.41 (+31.2% vs $8.70) as Affle's $11.70/share all-cash buyout held the tape.
    • Traded $11.37-$11.43 all session, about 2.6% below the deal price, on ~7.8M shares.
    • A 40-day go-shop runs to December 11; closing is expected in early 2027.
    • Closed ~$2.47 (-13.3% vs $2.85) on Q3 EPS of $0.06 vs $0.13 expected and revenue of $410M vs ~$466M.
    • Gapped down to a $2.55 open and traded $2.38-$2.60 on ~39.4M shares.
    • Q4 production guidance of 60,000-64,000 barrels a day sits below Q3 levels.
    • Closed ~$104.77 (-4.1% vs $109.23) despite Q1 EPS of $0.72 vs $0.52 expected and raised fiscal 2027 guidance.
    • Opened $112.26, hit a $113.50 high, then slid to a $103.09 low as the gap reversed all session.
    • Volume ~8.5M shares, roughly 3x the 30-day average.
    • Closed ~$137.83 (-4.0% vs Friday's ~$143.54) after Morgan Stanley cut the stock to Underweight and slashed its target 53% to $120.
    • The bank cited weak trading trends and a soft revenue outlook after the $6.3B Binance hack.
    • Ark bought $3.4M of shares into the weakness through ARKK, ARKW and ARKF.
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