In reaction to strong earnings/guidance:MRVL +9.6%, CRM +7.6%, ROST +3.0%
M&A news:
M&A news:
- SYUT +24.4% (agrees to be taken private for $6.05/share in cash)
- SCTY +1.5% and TSLA +1.4% (Tesla Motors shareholders approve proposed merger with SolarCity)
Shippers seeing continued swings: DRYS +26.2%, DCIX +21.0%, SHIP +11.5%, SINO +11.5%, ESEA +8.7%, GLBS +7.1% (will report Q3 results after the close on Monday, Nov 21), RLOG +6.7%
Other news:
- OGXI +16.9% (ticking higher on light volume; commits to further reduction in its workforce)
- URRE +10.8% (still checking for anything specific)
- HRG +11.5% (HRG Group confirms evaluating potential strategic alternatives to maximize shareholder value; Pres/CEO plans 2017 departure)
- PIP +8.6% (announces a $2.91 special cash dividend)
- FCEL +8.3% (announces a contract with Alberta Innovates for an engineering study on a fuel cell carbon capture application at a Husky Energy-owned heavy oil thermal facility)
- VSAT +2.5% (prices public offering of 6.5 mln shares of its common stock at $69.74/share, before underwriting discounts)
- MNK +1% (modestly rebounding, presented study that addresses possible impact of H.P. Acthar Gel on use of corticosteroids among patients with rheumatoid arthritis, lupus, and dermatomyositis/polymyositis)
Analyst comments:
- SPLS +5.0% (target raised to $9 at Telsey Advisory Group after Q3 results)