Gapping up
In reaction to strong earnings/guidance:
- DOMO +19.6%, AOBC +12.6% (also issued upside guidance for Q3 and FY19 EPS), CMTL +12.2% (also issued upside guidance for FY19 and revs), AVGO +3.9% (also increased target dividend by 51%), DOCU +2.6% (also named new Board Chair and COO), FIZZ +0.9%, LULU +0.8%
Select marijuana related names showing strength:
- CRON +24.9% (ltria (MO) to make $1.8 bln investment in exchange for 45% equity stake in newly issued shares at CAD$16.25/share), ACB +8.1%, PYX +8%, MJ +6.7%, NBEV +5%, TLRY +5%, CGC +4.8%
Other news:
- YELP +4.8% (added to S&P MidCap 400)
- MNTA +1.8% (offering of 17,391,305 shares of its common stock at the public offering price of $11.50 per share)
Analyst comments:
- TSLA +1.8% (upgraded to Buy from Hold at Jefferies)
- CRBP +1.4% (initiated with a Outperform at RBC Capital Mkts; tgt $23)
- DPLO +0.8% (upgraded to Neutral from Underperform at Robert W. Baird)
