Gapping upIn reaction to earnings/guidance:
- CLW +6.8% (increases EBITDA guidance as demand for tissue increased significantly), STAY +1.6% (declares special cash distribution of $0.35/share; also reaffirms Q4 prior guidance), HEI +1.2%
Other news:
- FUBO +13.8% (continued strength following yesterday's move off sports partnership news)
- SMPL +12.4% (to be added to S&P SmallCap 600)
- PTON +9.4% (to acquire fitness equipment company Precor for $420 mln)
- ZIOP +8.6% (Taiwan's FDA clears IND for non-viral CAR-T for the treatment of relapsed CD19+ leukemias and lymphomas)
- PTAC +7.3% (shareholders approve combination with Porch.com)
- RIOT +5.1% (announces 65% expansion in bitcoin mining hash rate)
- MAXN +4.4% (announced that the company has received a positive patent validity ruling in a patent invalidation action) MTEM +4.3% (provides update on the Phase 1 study for MT5111)
- NLS +4.1% (in sympathy with PTON acquiring fitness equipment company Precor)
- SFBS +2.7% (increases dividend)
- TMST +2.6% (to increase prices on seamless mechanical tubing products)
- RIDE +2.5% (receives 80K non-binding reservations for its full-size, all-electric pickup truck)
- TMUS +1.9% (National Ad Review Board asks TMUS to cease advertising 5G network as more reliable than competitors, according to TheVerge)
- TPVG +1.4% (declares special distribution of $0.10/sh)
- DDOG +1.4% (ParkMobile completes cloud migration)
- CRDF +1.1% (names new Chairman of the Board ),
Analyst comments:
- SI +11.4% (initiated with an Outperform at Wedbush)
- VSTO +4.4% (upgraded to Outperform from Market Perform at Cowen)
- GRAY +3.9% (initiated with an Overweight at Cantor Fitzgerald)
- CHX +3.4% (initiated with a Buy at Goldman)
- REAL +2.3% (initiated with an Outperform at Robert W. Baird)
- RCII +1.9% (upgraded to Buy from Hold at Loop Capital)
- ILMN +1.3% (upgraded to Overweight from Neutral at Piper Sandler)