Gapping up
In reaction to earnings/guidance:
- ARDX +17.3%, AI +16.2%, XPOF +11.8%, IAS +7.7%, PAGS +6.4%, IOT +3.7%, HPE +3% (also acquires Axis Security), VMW +2.2%, AVGO +1.7%, NUTX +1.6%, COO +1.3%, JWN +0.6% (also will wind down Canadian operations)
Other news:
- CRMD +5% (announces regulatory and manufacturing updates)
- ERIC +3.4% (DOJ resolves 2019 deferred prosecution agreement breaches with Ericsson)
- STAR +3.4% (providing an update on recent legacy real estate asset monetization activities since its most recent earnings call on February 22 2023)
- SGMO +3.4% (recently engaged in discussions to explore a potential public offering; chosen not to move forward with a public offering of its securities at this time)
- WH +2.8% (increases dividend)
- SOI +2.4% (increases dividend and authorizes a $50 mln share repurchase program)
- PSNL +2.3% (names new CEO and COO)
Analyst comments:
- ESRT +2.4% (upgraded to Outperform from Market Perform at BMO Capital Markets)
- FSLR +1.5% (upgraded to Buy from Neutral at UBS)
- KR +1.3% (upgraded to Overweight from Neutral at JP Morgan)
- PG +1% (upgraded to Overweight from Neutral at JP Morgan)
- CASY +0.9% (upgraded to Neutral from Underweight at JP Morgan)