Gapping up
In reaction to earnings/guidance:
- CHGG +21.3%, HIMS +17.1%, KD +13.7%, PAY +10.7%, JHX +10.7%, LLY +8.5%, PLUS +7.8%, NEO +7.3%, DO +6.9%, MNKD +6.1%, FOLD +6.1%, MTW +6%, HAE +5.9%, NYT +5.6%, MED +5.1%, PRIM +5%, EXK +4.8%, CLBT +4.5%, JELD +4.1%, MCRB +4.1%, CRNC +4%, QTRX +3.7%, MASS +3.7%, PAYO +3.7%, EHTH +3.6%, WMG +3.5%, SQSP +3.4%, OGN +3.2%, AMC +2.9%, PRAA +2.6%, ACVA +2.6%, IRWD +2.6%, SRC +2.4%, CEIX +2.4%, PARA +2.3%, ATKR +2.2%, WMK +2%, EVBG +2%, PRGO +1.9%, ARMK +1.9%, BSY +1.9%, TDG +1.9%, EMBC +1.8%, HZNP +1.8%, WOW +1.7%, CRNX +1.7%, IHG +1.6%, SBRA +1.4%, GBDC +1.4%, JRVR +1.3%, EVEX +1.3%, J +1.2%, HNRG +1.1%, MAG +1.1%, HLMN +1.1%, KNF +1%
Other news:
- NVAX +20.1% (entered into a Settlement Agreement regarding mutual release by the parties of all claims arising from or in relation to certain statements of work canceled by the Company)
- TLRY +14.9% (to acquire brands from BUD)
- SEAT +7.3% (to acquire WD Holdings)
- NCMI +5.1% (completes financial restructuring)
- NVST +3% (prices offering of $435.0 mln of its 1.75% Convertible Senior Notes due 2028)
- SLI +2.7% (reports feasibility study results for its South West Arkansas project)
Analyst comments:
- QTRX +3.7% (upgraded to Outperform from Market Perform at SVB Securities)
- VCEL +2% (upgraded to Buy from Neutral at BTIG Research)