Gapping up
In reaction to strong earnings/guidance:
- ATHN +4.7%, COF +3.8%, ETFC +2.5%, CTAS +2.1%, PBCT +2%, MCO +1.6%, SLB +1.5%, FITB +1.4%, HBAN +1.4%, V +1.3%, VOD +1.3%, CFG +1.2%, SYF +0.6%, MSFT +0.4%
M&A news:
- ASB +4% (Associated Banc-Corp to acquire Bank Mutual in all stock transaction is valued at approximately $482 mln)
Other news:
- APVO +17.8% (Aptevo Therapeutics and Alligator Bioscience to co-develop novel bispecific antibody for tumor-directed immunotherapy)
- PLUG +15.6% (announces a new collaborative agreement with Walmart (WMT); Walmart granted right to purchase Plug Power equity, vesting based on future business)
- AEZS +14.3% (names new CEO, forms special committee to consider and evaluate various strategic and financing alternatives)
- BCLI +14.1% (receives $16 mln grant from California Institute for Regenerative Medicine)
- ZN +9.4% (continues active drilling operations at its Megiddo-Jezreel #1 well in Israel; successfully raises sufficient funds to drill and test MJ #1 well to proposed total depth), SGLB +7.8% (announces publication of US patent application for Additive Manufacturing Processes)
- ANW +2.9% (appoints Jonathan Mcilroy as President, effective immediately )
- BZUN +2.8% (CEO featured on Mad Money)
- KEY +1.6% (CEO featured on Mad Money)
Analyst comments:
- TXMD +2.6% (initiated with a Buy at Deutsche Bank)
- SPSC +0.5% (initiated with a Outperform at Oppenheimer)