>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • NTNX +16.8%, DECK +12.3%, BIG +8.2%, EGHT +6.8%, VEEV +5.8%, TOUR +4.8%, LGF.A +3.7%, ULTA +2.7%, COST +1.7%, CAL +1.3%, FND +0.9%,VNET +0.9%
Other news:
  • AFSI +8.4% (will issue common equity to raise gross proceeds of $300 million through a private placement with members of the Karfunkel family)
  • BIG +8.2% (following COST earnings and ahead of its own earnings release)
  • SQNS +5.3% (extending this afternoon's move higher)
  • CLNE +3.4% (awarded a renewable natural gas (RNG) contract)
  • MTDR +2.7% (will replace Western Refining in the S&P MidCap 40)
  • CDXC +2.2% (announced the closing of the $16.4 million second tranche of the strategic investment of up to $25 million led by Hong Kong business leader Mr. Li Ka-shing)
  • AERI +1.9% (prices $75 mln (upsized from $50 mln) common stock offering at $53.75/share)
  • ICPT +1.8% ( announces that Health Canada has granted a conditional approval for Ocaliva for the treatment of primary biliary cholangitis )
  • MNK +1.1% (highlights first patients in company-sponsored prospective observational registry on the use of H.P. Acthar Gel following acute multiple sclerosis relapse)
  • BBRY +0.7% (reaches agreement w/ Qualcomm (QCOM); arbitration panel has issued a final award providing for the payment by Qualcomm to BlackBerry of a total amount of $940 mln for calendar 2016 and 1Q17)
  • NEWR +0.5% (featured on Thursday's Mad Money)
Analyst comments:
  • INFN +3.5% (upgraded to Outperform from Market Perform at Wells Fargo)
  • RRGB +1.4% (upgraded to Buy from Hold at Canaccord Genuity)
  • NCLH +1% (upgraded to Outperform from Neutral at Wedbush)