Gapping up
In reaction to strong earnings/guidance:
- RAVN +4.4%, IQV +4.3%, (also announces cancellation of secondary public offering and concurrent repurchase of common stock) DE +0.8%, TARO +0.6%
M&A news:
- PYPL +1.3% (acquiring Swedish payment firm iZettle)
Other news:
- CERN +7.2% (contract with the Department of Veterans Affairs that has a ceiling of $10 bln over 10 years)
- AFSI +6.1% (Carl Icahn (owns 9.4% stake) sends letter to the Board against going private transaction at $13.50/share)
- VYGR +3% (announces new data presentations at the American Society of Gene and Cell Therapy)
- CNHI +2% (in sympathy with DE)
- WBAI +1.5% (enters into cooperation agreement with the Hunan Provincial Sports Bureau Sports Lottery Administration Center to develop physical sales channels)
- KKR +1.3% (announced the sale of Mehiläinen)
- VRX +1.2% (priced its previously announced offering of $750M aggregate principal amount of 8.50% unsecured senior notes due 2027; proceeds are refinancing term loans and repaying other debt)
- CBS +1.2% (declares pro rata dividend of 0.5687 shares of Class A common stock)
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