Gapping up
In reaction to strong earnings/guidance:
- KR +10%, AOBC +9.1%, ORCL +6.2%, CMC +1.7%
Select metals/mining stocks trading higher:
- GFI +4.8%, GOLD +3.2%, FCX +3.2%, BHP +2.5%, GLD +1.9%, SLV +1.6%, RIO +1.1%
Select oil/gas related names showing strength:
- TOT +2.2%, MRO +2.1%, COP +1.9%, RDS.A +1.7%, BP +1.5%, MPC +1.3%, VLO +1.2%, XOM +0.8%
Other news:
- CGC +3.2% (announces shareholder approval in connection with proposed Acreage acquisition; provides update on American hemp and CBD operations)
- YY +2.4% (priced of its previously announced offering of $425 mln in aggregate principal amount of convertible senior notes due 2025)
- BYND +2.2% (Del Taco (TACO) expands its partnership with Beyond Meat)
- TACO +2% (Del Taco (TACO) expands its partnership with Beyond Meat)
- JKS +1.1% (announced it has supplied Power Construction Corporation of China with 351MW of solar modules)
- OGI +1.1% (announce that it has now shipped its first cannabis products to the province of Quebec)
- VSTM +0.5% (CEO steps down, among other leadership changes)
Analyst comments:
- BE +2.7% (upgraded to Neutral from Underperform at BofA/Merrill)
- DELL +2.3% (initiated with a Buy at Deutsche Bank)
- JWN +1.6% (upgraded to Hold from Reduce at Gordon Haskett)
