Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- NKE +5.7%, (also confirms during earnings conference call a new pilot program with Amazon (AMZN); in the early stages), CAFD +3.7%, (Sponsors' strategic review of Partnership interests continuing ), MU +1.3%
Select Nike related names showing strength:
- FL +1.4%, UAA +1.3%, FINL +0.6%, LULU +0.5%
Other news:
- SKLN +42% ( provides investor update in letter to shareholders; actively engaged in the process of assembling distribution network)
- WMAR +30.9% (West Marine to be acquired by Monomoy Capital Partners for $12.97 per share (halted))
- CHFS +17.6% (continued strength)
- HAIN +7.1% (Engaged Capital discloses 9.9% active stake)
- TSLA +1.1% (CEO Elon Musk tweeted about upcoming news on Model 3 that will be out Sunday)
- BAC +0.9% (Berkshire Hathaway (BRK.A/B) says plans to exercise warrants to acquire 700 mln shares of Bank of America Common Stock)
Analyst comments:
- DERM +4.4% (initiated with a Outperform at Evercore ISI)
- RIO +2.3% (upgraded to Buy from Underperform at BofA/Merrill)
- COG +1.7% (upgraded to Buy from Neutral at BofA/Merrill)
- GFI +0.9% (upgraded to Neutral from Sell at Goldman)
- AXGN +0.6% (initiated with Overweight ratings at Cantor Fitzgerald)