Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- MLNK +25.5%, MEET +23.3%, HPJ +20%, ETRM +14.5%, MOMO +10.5%, JNP +9.9%, MIK +7.1%, ADUS +6.4%
- ATSG +3.6%, WMC +3.6%, PIR +3.2%, (guides for Q4 EPS of $0.32-$0.34 vs. $0.31 CapitalIQ Consensus; Sales decreased 2.6%)
- BTE +3.2%, PLOW +3.1%, PRTS +2.4%, LGIH +1.7%, AVD +1.6%,MNTX +1%, FANH +0.9%
M&A news:
- NMBL +45.2% (to be acquired by Hewlett Packard Enterprise (HPE) for $12.50/share in cash)
- GLBL +16.5% (to be acquired by Brookfield Asset management (BAM) for $787 mln in cash)
Other news:
- WFT +15.6% (appointed Mark McCollum as President and Chief Executive Officer with an effective start date in late April 2017)
- GMAN +15% (after closing near lower on reports that the company may be preparing a potential bankruptcy filing)
- VRML +9.8% (attains out-of-state provider status with Medi-Cal, California's Medicaid program, for OVA1 access to over 12 mln beneficiaries)
- DISH +5% ( to replace Linear Technology in S&P 500)
- TROV +2.8% (announces that a patient case series featuring use of its Trovera EGFR urine-based liquid biopsy test was recently published in Lung Cancer)
- LJPC +1.9% (insider buy disclosures, also Tang Capital Partners increases active stake)
- CRM +1.4% (IBM and Salesforce announce Landmark Global Strategic Partnership)
Analyst comments:
- SRCL +1.4% (upgraded to Neutral from Sell at Goldman)