Gapping up
In reaction to earnings/guidance:
- FOSL +35%, AFRM +25.6% (also expands relationship with AMZN to all eligible US purchases; also AFRM to be embedded as payment option in Amazon Pay's digital wallet), OPEN +18%, SOFI +13.7%, DUOL +13.5%, ROOT +12.2%, MQ +11.9%, ZIP +11.2%, PAYO +10.8%, DIBS +9.1%, DGII +8.7%, HNST +8.4%, WB +8%, BROS +7.2%, NICE +7.2%, BZH +7%, HIMS +6% (also unveils mobile platform for subscription members), SBH +5.8%, MT +5.7%, APP +5.5%, TPR +5.2%, INDI +5%, MSP +4.8%, KGC +3.6% (also announces the results of a pre-feasibility study for its Udinsk project), TASK +3.2%, OWLT +3%, WIX +2.9%, RELY +2.5%, RSI +1.8%, BAM +1.8%, NUVB +1.5%, ULCC +1.4%, DOMA +1.2%, MRVI +1.1%, ATO +1% (also increases dividend), SPTN +0.8%
Other news:
- CGEN +18.8% (Bristol Myers Squibb (BMY) completed its $20 million investment in Compugen in consideration for the issuance of 2,332,815 shares of Compugen purchased at $8.57333/share, representing a 33% premium over the closing price on November 9, 2021)
- RIDE +12.4% (RIDE and Hon Hai Tech sign asset purchase agreement regarding RIDE's facility in Lordstown, OH)
- KRMD +12.1% (announces 510k clearance for KORU Medical FreedomEdge infusion pump)
- SGHT +10.2% (FDA grants an Investigational Device Exemption to conduct a clinical study of OMNI device)
- PTRA +7% (to supply battery technology for up to 10,000 Lightning eMotors (ZEV) vehicles)
- GFI +6.3% (reports Q3 production results; reaffirms FY21 guidance)
- PHX +4.4% (acquires 827 net royalty acres in Haynesville for $5.2 mln in cash and stock)
- INSP +4% (provides update on 2022 reimbursement levels)
- FARM +3.9% (files for $175 mln mixed securities shelf offering)
- HFC +2.7% (names new COO)
- TSLA +2.5% (Musk filed Form-4 insider sales)
- AEM +2.3% (Kirkland Lake Gold reports favourable recommendation from ISS for Merger of Equals with Agnico Eagle Mines Limited (AEM))
- KNBE +1.8% (prices offering of 8 mln shares of common stock by certain selling stockholders at $25.75 per share)
- U +1.5% (files mixed securities shelf offering)
- KL +1.2% (Kirkland Lake Gold reports favourable recommendation from ISS for Merger of Equals with Agnico Eagle Mines Limited (AEM))
- KEYS +1% (KEYS and LMT announce 5G collaboration)
Analyst comments:
- ADMA +10.7% (upgraded to Strong Buy from Outperform at Raymond James)
- GHLD +7.1% (upgraded to Overweight from Neutral at JP Morgan)
- XMTR +5.7% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- KOS +4.1% (upgraded to Overweight from Equal Weight at Barclays)
- GPRO +3.4% (upgraded to Equal-Weight from Underweight at Morgan Stanley)