Gapping up
News:
- XPER +20.1% (subsidiary Perceive Corporation to be sold to Amazon (AMZN) for $80 mln in cash)
- SOND +16.8% (secured deals to raise capital and integrate brand with Marriott (MAR), according to Bloomberg)
- FUBO +13.7% (wins preliminary injunction against Venu Sports joint venture between DIS, FOXA, and WBD) BNR +8.4% (intends to delist ADSs on London Stock Exchange)
- CVII +7.7% (Churchill Capital Corp VII and CorpAcq mutually agree to terminate business combination)
- FULC +2.7% (Strengthens Leadership Team with the Appointments of Isabel Kalofonos as Chief Commercial Officer and Heather Faulds as Chief Regulatory Affairs & Quality Assurance Officer)
- AMD +2.3% (announced the signing of a definitive agreement to acquire ZT Systems in a cash and stock transaction valued at $4.9 bln)
- INVE +2.2% (Announces Security Business Asset Sale Transaction Receives CFIUS Clearance)
- GLAD +1.2% (discloses it entered into equity distribution agreement)
Analyst comments:
- GTES +2.6% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- TMHC +2% (upgraded to Buy from Neutral at BTIG Research)
- BURL +1.4% (upgraded to Buy from Hold at Gordon Haskett)