Gapping up
In reaction to strong earnings/guidance:
- ICHR +14.2%, MX +11.4%, TCS +6.3%, ZUMZ +5.4%, CLDR +4.2%, DAL +3.8%, MCK +3.3%, CHEF +1.5%, JPM +1.4%, INFO +1.3%
M&A news:
- PERI +8% (to acquire Content IQ for $73.05 mln)
Other news:
- RTIX +93.5% (announces sale of OEM business for $490 mln)
- MMSI +9.7% (Bloomberg reports activist investor has built stake in MMSI, Starboard later confirmed stake)
- BYND +8.9% (continued strength)
- ACM +4.2% (speculation of WSP (WSPOF) interest in deal)
- PHAS +1.1% (acquires assets and intellectual rights related to aldosterone synthase inhibitors)
Analyst comments:
- CWH +5.2% (upgraded to Buy from Neutral at Northcoast)
- USX +5.2% (upgraded to Buy from Neutral at BofA/Merrill)
- NAV +2.1% (upgraded to Overweight from Equal Weight at Wells Fargo)
- GEF +1.2% (upgraded to Overweight from Equal Weight at Wells Fargo)
- WERN +1% (upgraded to Buy from Neutral at BofA/Merrill)
- WCC +1% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)