Gapping up
In reaction to earnings/guidance:
- ANET +20.4% (also approves a 4-for-1 stock split), FN +12.4%, UAA +9.5%, UNVR +9.3%, HLIT +7.2%, CAR +7%, ZI +6.8% (also stock offering), KFRC +5.1%, EXTR +5%, ADCT +4.8%, LPX +4.6%, ROK +4.1%, SPG +4%, WLK +3.7%, IT +3.5%, PFE +3.2%, MCK +3.1%, ACRS +2.8%, MGY +2.6%, ZBRA +2.5%, HSIC +2.5%, EXLS +2.4%, NRZ +2.2%, GXO +2.1%, ADUS +2.1%, MPLX +2.1%, CLX +2%, BRKR +1.9%, VNOM +1.8%, LXU +1.7%, HEES +1.7%, CTLT +1.6%, CRUS +1.4% (also CFO to retire), MTRN +1.4%, BSM +1.3%, BHC +1.2%, WFRD +1.1%, OGS +1%, NTR +1%, INCY +0.9%
Other news:
- ROG +31.5% (to be acquired by DuPont for $277 per share in cash; also reported earnings)
- OSUR +9.4% (announced that the EUA for its InteliSwab COVID-19 rapid tests has been amended by the U.S. Food and Drug Administration to only require one test for individuals with symptoms of COVID-19)
- ENDP +8.9% (issuance of tentative favorable ruling in California state court following opioid trial )
- TEVA +6.1% (California Judge rules that Teva did not cause a public nuisance or make false or misleading statements about opioids)
- INVZ +4.8% (issues statement in light of recent trading activity)
- NTCT +4% (to join S&P SmallCap 600)
- BCOV +3.1% (activist shareholder writes letter to co)
- TCRR +2.2% (expands US manufacturing capacity)
- CNTX +2% (names new CFO)
- ALEX +1.7% (names new COO)
- MVST +1.3% (purchases new R&D center in Florida)
- DELL +1.3% (DELL completes planned spin-off of 81% equity ownership of VMW)
- KAMN +1.2% (receives award to provide components to leading eVTOL company)
- NVTS +1.2% (NVTS and Xiaomi highlight alignment on future GaN applications)
- EVLV +1.2% (names new CFO)
Analyst comments:
- AA +1.3% (upgraded to Buy from Hold at Jefferies)
- EPAC +1.1% (upgraded to Equal Weight from Underweight at Wells Fargo)
