>>< US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • RRGB +13.8%, SUMO +10.8%, DELL +9.6%, ULTA +7.9%, LGF.A +4.1%, ZS +3.2% (also announces partnership with Siemens), DOMO +3.2%, MRVL +3%, FTCH +2.9%, SAFM +1.3%, ADSK +0.8%

Other news:

  • PMVP +11.2% (ASCO-related announcement)
  • ACET +9.6% (ASCO-related announcement)
  • IMGN +8.7% (ASCO-related announcement)
  • ZY +7.8% (to sell modular automation system to Octant)
  • ZYME +7.5% (ASCO-related announcement also All Blue Falcons increased active stake to 6.91% following the purchase of 570K shares (transaction dates 5/23-5/26))
  • PDSB +5.4% (ASCO-related announcement)
  • BCYC +5% (ASCO-related announcement)
  • MYGN +5% (ASCO-related announcement)
  • OCX +3.9% (ASCO-related announcement)
  • ABUS +2.6% (ASCO-related announcement)
  • OI +2.6% (subsidiary Paddock Enterprises plan of reorganization confirmed by U.S. Court)
  • LYB +2.2% (announces $5.20/share special dividend and increases quarterly dividend by 5% to $1.19/share)
  • AFMD +1.9% (ASCO-related announcement)
  • VAL +1.8% (names new CFO)
  • IMAB +1.6% (ASCO-related announcement)
  • NVTA +1.4% (ASCO-related announcement)
  • NVTS +1.1% (names new CFO)

Analyst comments:

  • BOOT +2.8% (upgraded to Outperform from Neutral at Robert Baird)
  • GPK +2.6% (upgraded to Outperform from Market Perform at BMO Capital Markets)
  • BSX +1.8% (upgraded to Buy from Hold at Needham)
  • HCA +1.5% (upgraded to Outperform from Mkt Perform at Bernstein)