Gapping up
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- RAMP +8.3% (guides Q3 revenue above consensus; also to acquire Habu), TSM +7%, FAST +2.6%, FHN +2.3%, MTB +1.6%, NTRS +1.3%, TFC +0.8%, .
Other news:
- BTU +6% (to join S&P SmallCap 600)
- IMTX +5.4% (prices offering of 15.925 mln ordinary shares at $11.00 per share)
- NVCR +2.7% (receives FDA acceptance of the PMA Application for TTFields Therapy in non-small cell lung cancer)
- FAST +2.6% (increases dividend)
- FLNC +2.5% (surpasses 20 GWh of deployed and contracted storage systems globally)
- GTLB +2.1% (announces the GitLab Duo Pro add-on)
- VFS +1.9% (4Q23 deliveries)
- FERG +1.2% (implements new corporate structure to achieve U.S. domicile)
- MRCY +1.1% (names new COO; also simplifies organizational structure; also 100 job cuts)
- BA +1.1% (Akasa Air announces its three-digit aircraft order of 150 Boeing 737 MAX aircraft at WINGS India 2024)
- EC +1.1% (issues statement on information published by the media)
- OKE +1% (increases dividend and authorizes $2 bln share repurchase program)
Analyst comments:
- HTZ +8.5% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- GRAB +3.4% (upgraded to Overweight from Neutral at JP Morgan)
- MCHP +3.3% (upgraded to Outperform from Peer Perform at Wolfe Research )
- TPX +2.9% (upgraded to Overweight from Neutral at Piper Sandler)
- PINS +2.7% (upgraded to Buy from Hold at Argus)
- NXPI +2.4% (upgraded to Outperform from Peer Perform at Wolfe Research)
- ADI +2.2% (upgraded to Outperform from Peer Perform at Wolfe Research)
- AAPL +1.9% (upgraded to Buy from Neutral at BofA Securities)
- MSFT +0.8% (upgraded to Outperform from Neutral at Exane BNP Paribas)