>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance:
  • XGTI +20.4%, TGT +5.4% (Q2 guidance)
M&A news:
  • YNDX +21.8% (Yandex N.V. and Uber to combine their ridesharing businesses in Russia, Kazakhstan, Azerbaijan, Armenia, Belarus and Georgia into a new company valued at $3.725 bln), CCCR +9.7% (enters non-binding Letter of Intent to acquire Sorghum Investment Holdings)
Other news:
  • IMNP +16.5% (files a patent protecting the use of Ceplen in hematologic cancers)
  • PQ +16.3% (increases Q2/Q3 production guidance and reports Cotton Valley initial rate of 38.2 MMcfe/d)
  • CIE +13.5% (enters into a definitive agreement with its co-owners in the Anchor development)
  • NAO +5.7% (comments on Tradewinds article; rebukes articles accusation of on going matter with SEC)
  • COL +1.8% (receives favorable commentary on Wednesday's Mad Money)
  • ALDR +1.7% (prices offering of 15 mln shares of common stock at $10.00 per share)
  • VNTV +1.6% (Cramer highlighted the co's anticipated Worldpay merger as overlooked deal)
  • BLUE +1.4% (extending afternoon gains on NVS CAR-T FDA Panel news)
  • KITE +1.3% (extending afternoon gains on NVS CAR-T FDA Panel news)
  • BOX +1.2% (Box President and COO Dan Levin will step down; Stephanie Carullo will succeed Levin as COO)
  • WMT +1.2% (in sympathy with TGT)
  • JUNO +1.1% (following NVS CAR-T FDA Panel news)
  • COST +1% (in sympathy with TGT)
  • MAT +1% (said to be seeking a replacement for CFO Kevin Farr, according to the WSJ)
  • SHOP +0.9% (Shopify and eBay announced that Shopify merchants will soon be able to list and sell their products on eBay directly from their Shopify account)
  • EBAY +0.8% (Shopify and eBay announced that Shopify merchants will soon be able to list and sell their products on eBay directly from their Shopify account)
Analyst comments:
  • SNAP +2.9% (upgraded to Buy from Hold at Stifel)
  • HAIN +1.5% (upgraded to Buy from Hold at Maxim Group)
  • IP +1.4% (upgraded to Buy from Neutral at Goldman)
  • TWTR +1.1% (upgraded to Mixed from Negative at OTR Global)
  • ARNC +1% (upgraded to Buy from Neutral at Seaport Global Securities)
  • PYPL +1% (target raised to $70 from $54 at Monness Crespi & Hardt)
  • NGG +0.8% (upgraded to Buy from Hold at HSBC)
  • PHM +0.6% (upgraded to Neutral from Underperform at Wedbush)
  • A +0.5% (upgraded to Outperform from Market Perform at Wells Fargo)