Gapping up
In reaction to strong earnings/guidance: ENVI +9%, STRM +8.1%
M&A news: AVOL +5.5% (to be acquired by Bohai Leasing for $31/share in cash in an ~$7.6 bln deal)
Other news: GBSN +13.2% (provides update on preferred stock conversions), TICC +4% (announced material changes to proposed new investment advisory agreement with Benefit Street Partners; new agreement includes a permanent annual base management fee reduction), ZNGA +3.1% (still checking, light volume), NBG +3.1% (cont volatility in name), FOGO +0.5% (to open five new Company-owned restaurant locations in the United States)
Analyst comments: BPMX +1.4% (initiated with a Buy at Sterne Agee CRT), DLTR +0.9% (upgraded to Buy at BofA/Merrill)
M&A news: AVOL +5.5% (to be acquired by Bohai Leasing for $31/share in cash in an ~$7.6 bln deal)
Other news: GBSN +13.2% (provides update on preferred stock conversions), TICC +4% (announced material changes to proposed new investment advisory agreement with Benefit Street Partners; new agreement includes a permanent annual base management fee reduction), ZNGA +3.1% (still checking, light volume), NBG +3.1% (cont volatility in name), FOGO +0.5% (to open five new Company-owned restaurant locations in the United States)
Analyst comments: BPMX +1.4% (initiated with a Buy at Sterne Agee CRT), DLTR +0.9% (upgraded to Buy at BofA/Merrill)