Gapping up
In reaction to earnings/guidance:
- NEX +8.3% (guides Q4 revs and adjusted EBITDA above consensus)
- WEX +2% (announces raised guidance for Q4 and CFO resignation)
M&A news:
- PNM +1.9% (PNM merger agreement with AGR extended)
- WAB +1.7% (announced it recently acquired the railway friction business from MASU),
Other news:
- CGEM +15.5% (granted Breakthrough Therapy Designation for CLN-0810)
- AGFY +13.9% (signed a definitive agreement for its largest Agrify Total Turn-Key Solution partnership to date with Gold Leaf Florida LLC)
- LQDA +10.3% (names new CEO)
- MRSN +7.1% (Bain Capital increases passive stake to 7.3% (prior ~5.1%))
- HUMA +5.4% (announces presentation of first preclinical results of the HAV in Coronary Artery Bypass Grafting at Advanced Therapies Week Conference)
- SHCR +3.6% (appoints new COO)
- WBX +3.5% (introduces Quasar 2 solution)
- TCRR +3% (entered into a strategic research collaboration and non-exclusive license agreement focused on the further development of a defined set of allogeneic TRuC-T cell therapies with Arbor Biotech)
- WKEY +2.9% (to invest up to $10 mln to perform Bitcoin mining)
- CAN +2.5% (entered into strategic collaboration agreements with multiple crypto mining firms for joint-mining business in Kazakhstan)
- GRTS +2.5% (reports positive clinical results from first cohort of a phase 1 study evaluating a t cell-enhanced self-amplifying mRNA (samRNA) vaccine against COVID-19)
- ENZ +2.2% (entered into a cooperation agreement with Bradley L. Radoff and certain affiliated entities)
- F +2% (planning to nearly double production capacity of the all-electric F-150 Lightning pickup to 150,000 vehicles per year at the Rouge Electric Vehicle Center in Dearborn, Michigan, to meet soaring customer demand),
Analyst comments:
- CLNE +4.1% (upgraded to Mkt Perform from Underperform at Raymond James)
- UAA +3.3% (upgraded to Outperform from Neutral at Robert W. Baird)
- FSLR +2.8% (upgraded to Mkt Perform from Underperform at Raymond James)
- HPE +2.3% (upgraded to Overweight from Equal Weight at Barclays)
- RIOT +2.2% (initiated with an Overweight at Cantor Fitzgerald),