Gapping up
In reaction to earnings/guidance:
- DLO +13.7%, AGYS +9.4%, TCS +8.9%, DT +6.7%, ADI +2.4%, TJX +1.5%
Other news:
- NCMI +17.9% (AMC discloses 6.8% stake in NCMI)
- MX +14.8% (report that private equity firms including Carlyle Group (CG) will bid for the company)
- SPNT +8.2% (Chairman and CEO resigns to pursue other opportunities)
- XAIR +6.4% (presents positive study update from the at-home LungFit GO Pilot Study)
- CWK +5% (acquires Cresa Partners of Los Angeles)
- NVST +4.6% (to acquire Osteogenics Biomedical)
- INSM +2.3% (Presents New Data Across Three Pillars at American Thoracic Society 2022 International Conference)
- TILE +1.8% (authorizes new $100 mln share repurchase program)
- EGY +1.5% (receives new five year $50 mln reserve based lending facility providing additional financial flexibility)
- SONY +1.3% (provides updates at Corporate Strategy Meeting)
- CASA +1.2% (stock offering)
- EXTR +1.1% (announces $200 mln share repurchase authorization over three-year period)
Analyst comments:
- EDR +3.3% (upgraded to Buy from Neutral at Goldman)
- PENN +2.8% (upgraded to Buy from Hold at Jefferies)
- AJX +1.8% (upgraded to Buy from Neutral at Compass Point)
- INT +1.6% (upgraded to Buy from Hold at Stifel)
- MNST +1.2% (upgraded to Outperform from Mkt Perform at Bernstein)
- CAH +0.9% (upgraded to Outperform from In-line at Evercore ISI)