Gapping up
In reaction to strong earnings/guidance:
- SFIX +28.1%, OXFD +13.5%, FANH +12.2%, MOMO +9.1%, NOG +8.5%, INSW +6.6%, AVD +5.3%, IPI +4.4%, CDMO +2.4%, DFRG +1.5%, COUP +0.5%, .
Other news:
- AKBA +35% (reports positive top-line results from two pivotal Phase 3 studies of Vadadustat)
- OPTT +21% (signs signs master service contract with a leading offshore oil and gas operatormaster service contract with a leading offshore oil and gas operator)
- CRCM +1.3% (modestly rebounding from 12.5% decline; announced certain changes to its processes for approving and managing individual caregiver profiles in its consumer marketplace)
- STMP +1% (approves new share repurchase plan of up to $60 mln of stock)
- ETM +1% (Chairman Emeritus disclosed the purchase of 100K shares)
Analyst comments:
- TELL +4.5% (initiated with a Buy at BTIG Research)
- ETN +1.2% (upgraded to Overweight from Sector Weight at KeyBanc Capital Markets)
- AVYA +1% (initiated with Buy at Guggenheim)
- DBX +0.7% (added to US 1 List at BofA/Merrill)