Gapping up
In reaction to earnings/guidance:
- DOMO +6.1%, NX +5.5%, COO +3.1%, SWBI +2.1%, MDLA +1.3% (also to acquire Stella Connect)
Other news:
- IMAB +21.6% (I-MAB and AbbVie (ABBV) confirm global strategic partnership for differentiated immuno-oncology therapy; I-Mab to receive upfront payment of $180 million)
- LMPX +15.6% (acquires two dealerships)
- PLM +15.2% (receives favorable ruling in proper procedures case)
- OBSV +6.3% (announces $20 mln equity offering)
- OSUR +4.8% (ORAcollect RNA collection device included in FDA's EUA granted to MiraDx)
- NBIX +4.7% (to present new data from its movement disorder programs)
- PLUG +4.2% (DE Shaw discloses 5% stake)
- PBI +4% (announces pricing adjustments ahead of 2020 peak season)
- VICI +2.5% (CZR and VICI sell Harrah's Louisiana Downs)
- CALA +2.5% (CALA opts out of co-development agreement with INCY)
- WPP +1.3% (acquires French customer experience consultancy company Velvet Consulting)
- GRUB +1.2% (Just Eat Takeaway.com receives all regulatory approvals required in respect of its proposed acquisition of Grubhub)
Analyst comments:
- MIK +3.5% (upgraded to Outperform from Neutral at Credit Suisse)
- AZUL +1.4% (upgraded to Outperform from Mkt Perform at Raymond James)