>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • SFIX +12.2% (also launches Stitch Fix Freestyle) GIS +2.6% GDEV +1.8% TUYA +1.6% BDSI +1.3% (guides Q3 revs below consensus)

Other news:

  • ELMS +6.4% (has received a binding purchase order for 1000 units of its Urban Delivery vehicle from its strategic distribution partner Randy Marion Automotive Group)
  • RKLB +4.6% (signs dedicated launch contract with Astroscale Japan)
  • BLUE +3.9% (submits BLA to the FDA for beti-cel gene therapy)
  • ENLV +3.8% (doses first patient in placebo-controlled Phase IIb Clinical Trial of Allocetra in severe and critical COVID-19 patients with ARDS)
  • RYTM +3.7% (receives Marketing Authorization for IMCIVREE in Great Britain)
  • ARCT +3.3% (receives approval from Vietnam Ministry of Health to proceed into Phase 2 and Phase 3a for ARCT-154)
  • AMAL +2.9% (acquires Amalgamated Bank of Chicago)
  • VALE +2.3% (appoints Gustavo Pimenta as Executive Vice President of Finance and Investor Relations)
  • SAH +2% (adds $3.2 billion in annualized revenues with acquisition of RFJ Auto Partners)
  • EQR +1.6% (provides operating update)
  • SWN +1.3% (KMI and SWN announce responsibly sourced natural gas agreement)
  • BSN +1.3% (merger partner Vertical Aerospace announces Marubeni Corporation's pre-order option for up to 200 aircraft and signs Mou to explore the introduction of eVTOL aircraft in Japan)
  • AMWL +1.2% (names new CFO)
  • KMI +1.1% (KMI and SWN announce responsibly sourced natural gas agreement)
  • JPM +1% (increases dividend)

Analyst comments:

  • CDTX +6.1% (upgraded to Strong Buy from Buy at WBB Securities)
  • PMVP +5.5% (upgraded to Buy from Neutral at Goldman)
  • TECK +3.9% (upgraded to Outperform from Market Perform at BMO Capital Markets)
  • AMBA +3.3% (upgraded to Overweight from Sector Weight at KeyBanc Capital Markets)
  • PEBO +1.7% (upgraded to Overweight from Neutral at Piper Sandler)
  • SPG +1.4% (upgraded to Buy from Hold at Argus)
  • ACN +1.1% (upgraded to Buy from Neutral at MoffettNathanson)