Gapping up
In reaction to strong earnings/guidance:
- APPS +18.5%, OTRK +17.8%, AVXL +16.5%, BFAM +13.2%, VSTO +12.4%, INFN +12.2% (also says CEO to step down), ELF +11.1%, DCP +11.1%, AMAG +10.6%, EMKR +10.2%, PVG +10%, PVG +9.9%, HI +9.4%, NTLA +9.4%, COLL +9.2%, TRMB +8.4%, GLRE +8.4%, COMM +8.4%, GDDY +8.2%, VIACA +8.1%, MAXR +8%, HIMX +8%, HUBS +7.9%, NICE +7.9%, YETI +7.5%, MTW +7% (also names new CEO), VVI +7%, HEAR +7%, GMED +6.7%, TAST +6.1%, UHAL +5.5%, NTRA +5.5%, JLL +5.1%, DOX +5%, CHNG +5%, RCII +5%, ING +5%, ZNGA +4.9% (also to acquire mobile game developer Rollic), STFC +4.9%, JACK +4.8%, GBT +4.6% (also files for $200 mln mixed securities shelf offering ), IRM +4.5%, MDWD +4.4%, PRVB +4.4%, NUS +4.2%, ECPG +4.1%, CFX +4%, IBP +4%, CTL +3.9%, BMY +3.9%, CPA +3.8%, MATX +3.6%, OR +3.5%, KTB +3.5%, ATNX +3.5%, DAR +3.4%, FISV +3.2%, CCMP +3.1%, PH +3%, TTEC +2.9% (also to acquire VoiceFoundry), ENSG +2.8%, NOMD +2.8%, SRCL +2.8%, VG +2.8%, IAG +2.7%, INSM +2.7%, PAAS +2.6%, BTG +2.6%, PK +2.6%, GLMD +2.6%, OUT +2.5%, ACIW +2.5%, AMRX +2.5%, SWIR +2.5%, ABMD +2.5%, HL +2.3%, FNV +2.1%, SILK +2%, AES +2%, SEE +2%, TWNK +1.9%, TM +1.9%, VOYA +1.8%, ACRE +1.8%, KRO +1.7%, VSLR +1.6%, PDCE +1.6%, ANIP +1.6%, TEN +1.6%, FOUR +1.6%, MWA +1.5%, BNFT +1.5%, ACAD +1.5%, KBR +1.5%, FLIR +1.5%, KBR +1.4%, EAF +1.4%, TRGP +1.4%, NMIH +1.3%, EPAM +1.3%, KELYA +1.3%, WELL +1.2%, PRMW +1.1%, ECOM +1%, .
Other news:
- AVCT +99.6% (RBBN to divest Kandy Comms to AVCT)
- BHC +23.6% (intends to spin off its leading eye health business into an independent publicly traded entity ("Bausch + Lomb - NewCo") from the remainder of Bausch Health)
- AVXL +14.9% (receives TGA Special Access Scheme approval for ANAVEX 2-73 for Alzheimer's)
- MNOV +12.4% (announced that Principal Investigator, Lara Ray, PhD presented the results of the Ibudilast and Alcohol Use Disorder Phase 2 trial at the American Psychological Association 2020 Annual Convention held online)
- LEGN +6.5% (announces recommended Breakthrough Therapy Designation for ciltacabtagene autoleucel in China)
- RBBN +5.3% (RBBN to divest Kandy Comms to AVCT)
- CNTY +4.5% (to sell casino operations of Century Casino Calgar
- PGEN +4.3% (reports six-month follow-up data from Phase I study of INXN-4001)
- KBH +3.7% (reports acceleration in net order growth through Jun-July)
- AVEO +3.6% (announces receipt of $2.8 mln milestone from Kyowa Kirin)
- SPCE +2.2% (prices offering of 23.6 mln shares of common stock at $19.50 per share)
- RDNT +2.1% (RadNet and Hologic, Inc. (HOLX) enter into a definitive collaboration to advance the use of artificial intelligence in breast health)
- SRDX +1.6% (receives FDA 510k clearance for catheter)
Analyst comments:
- TDOC +4.6% (upgraded to Buy from Hold at Truist)
- SUM +2.6% (upgraded to Overweight from Neutral at JP Morgan)
- GNRC +1.5% (upgraded to Buy from Neutral at BofA Securities)
- AIG +1.3% (upgraded to Buy from Neutral at BofA Securities)