Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- VVUS +24%, BETR +21.8%, ELF +21.1%, NWPX +11.3%, SMTC +10.8%,SHLD +6.8%, CMTL +4.7%
- ERJ +4.1%, PRTY +3.9%, GMS +3.8%, SKIS +3.3%, UNFI +3.1%, ERII +2.3%,CRIS +2%
- KEYW +1.9%, (ALSO KEYW Holding signs a definitive agreement to acquire Sotera Defense Solutions in an all-cash transaction valued at approx. $235 miln)
- IMOS +1.9%, BSTG +1.7%, INAP +0.9%
M&A news:
- CNQ +2% (purchases Canadian Sands Assets from MRO and Shell), .
Other news:
- APRI +24.1% (completes sale of its ex-U.S. assets and rights related to Vitaros to Ferring International; co will retain its Vitaros rights in the U.S. and it remains on track to re-submit the Vitaros NDA to the FDA in the third quarter of 2017)
- OCRX +20% (rebounding after yesterday's decline)
- PXLW +3.9% (following late move higher)
- FOLD +3.9% ( commences the commercial launch of the precision medicine Galafold in Italy following the final publication of reimbursement guidelines by the Ministry of Health ), RAD +3.7% (rebounding after yesterday's decline)
- GNC +3.1% (Chief Innovation Officer disclosed purchase of 29500 shares worth approx $230K)
- KEYW +1.9% (KEYW Holding signs a definitive agreement to acquire Sotera Defense Solutions in an all-cash transaction valued at approx. $235 miln)
- AIG +1.9% (announced President and CEO Peter D. Hancock plans to resign)
- VRX +1% (launches an offering of $2.5 bln senior secured notes in 2 tranches )
Analyst comments:
- HIMX +3.1% (upgraded to Buy at Mizuho)
- .XOG +2.1% (upgraded to Buy from Neutral at Citigroup)
- ERIC +2% (upgraded to Buy at Goldman)
- TEF +1% (upgraded to Buy from Hold at Deutsche Bank)