>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance/Same-store-sales:

ESIO +21.5%, STMP +14.9%, CENT +14.5%, SEDG +14.4%, FMSA +12.4%,TTWO +11.8%, BVX +11.6%, HLTH +11.5%, AYX +10.2%, PACB +9.1%, (also announced that NVGN will purchase 10 Sequel Systems, filed mixed securities offering), FORM +9%, FCPT +9%, HCLP +8.9%, NSIT+8.7%, OCLR +8.4%, ECR +7.8%, OSUR +7.7%, AAC +7.3%, TSLA +6.6%,DATA +6.2%, SUPN +5.8%, TGB +5.8%, HIIQ +5.6%, QLYS +5.4%, HIMX+5.1%, FIT +4.9%, BLDP +4.9%, AET +4.7%, CSLT +4.6%, CDW +4.6%,CEVA +4.4%, AXGN +4.3%, HUBS +4.1%, CHK +3.5%, BIVV +3%, WMGI+2.8%, CAVM +2.8%, RP +2.7%, (to acquire substantially all of the assets of On-Site Manager for approximately $250 million in cash), CPE+2.7%, CTSH +2.6%, GOLD +2.6%, ZNGA +2.5%, GPL +2.3%, KGC +2.2%,OAS +2%, BREW +1.8%, AIG +1.7%, CATM +1.6%, CA +1.5%, SRI +1.5%,CINF +1.4%, AGO +1.4%, TDOC +1.3%, ITRI +1.3%, MRO +1.3%, BMRN+1%, (also will expand its development plan for BMN 270 to include an additional Phase 3 study of the 4e13 vg/kg dose based on updated data as of July 28, 2017 from its ongoing open-label Phase 1/2 study of BMN 270), IAC +1%, GDI +1%, MASI +1%

M&A news:

SCLN +5% (SciClone Pharma in proxy statement discloses non-binding competing bid for $12.00/share)
KTWO +4.2% (acquires the license to a portfolio of 17 issued and pending patents for expandable interbody technology; terms not disclosed)
WYN +2.9% (Wyndham Worldwide to spin off the company's hotel business resulting in two separate, publicly traded companies; to explore strategic alternative for the European rental brands)
TROX +2.5% (divests Alkali Business for $1.325 bln; issues Q2 guidance)
NMRX +1.6% (Numerex Corp. to merge with Sierra Wireless in a stock-for-stock merger transaction; the Transaction is valued at approximately US$107 million ), .

Select OCLR peers trading higher:

AAOI +3.3%, FN +2.2%, FNSR +2.1%, NPTN +1.8%, IPHI +1.8%, LITE+1.8%, ACIA +1.5%, COHR +1.4%, INFN +1.3%, .

Other news:

ATVI +3.2% (following TTWO/ZNGA earnings and ahead of its own release tomorrow Aug 3)
NVTA +2.1% (Baker Bros/15.1% active stake discloses participation in NVTA's 7/31 private placement)
AMC +1.6% (modestly rebounding from 27% decline following guidance; moves up Q2 earnings release and conference call to August 4 before the open)
CCXI +1.4% (Chief Medical Officer Dr. Petrus Bekker retires for family medical reasons)
HZO +1.3% (approves a new 2 mln stock repurchase plan )
CHGG +1.1% (increases/prices follow-on offering of 10 mln shares at $13.50 per share)

Analyst comments: