Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- VSAR +9.7%, GPS +8%, SGYP +5.7%, AMBA +5.6%, SPLK +5.4%, AHT +5.4%, ZIOP+5%, XON +4.7%, NKTR +4.7%, NSU +4.1%, (also received Decline Exploration Permit from the Serbian Ministry of Mining and Energy for the Timok Upper Zone project; pre-feasibility study remains on track for release at the end of Q1), KEYS+3.6%, UNIT +3.3%, SWN +3.2%, ZEUS +2.9%, FSIC +2.1%, LTC +1.8%, NTNX +1.7%,PRGO +1.5%, SRPT +1.2%, CARG +0.9%
M&A news:
- MSCC +5.2% (Microsemi to be acquired by Microchip Technology (MCHP) for $68.78 per share in cash)
- MCHP +3.4% (Microsemi to be acquired by Microchip Technology (MCHP) for $68.78 per share in cash)
Other news:
- SRNE +6% (after falling 24% on the day)
- ENDP +4.1% (obtains preliminary injunction against QuVa Pharma preventing marketing and release of vasopressin product)
- LLNW +3.3% (launches offering of 15,272,493 shares of common stock by stockholders affiliated with The Goldman Sachs Group)
- WIN +3.1% (files for offering of $44,272,500 of common stock and 3.95 mln shares of common stock by the selling stockholder; Director disclosed purchase of shares worth ~$50K)
Analyst comments:
- CNAT +7.3% (initiated with Outperform rating and $16 tgt at Oppenheimer)
- JOBS +3% (upgraded to Buy from Neutral at Citigroup)
- BUD +2.2% (upgraded to Hold from Sell at Societe Generale)
- BLMN +1.3% (upgraded to Buy from Hold at Deutsche Bank)
- EBAY +0.9% (upgraded to Strong Buy from Mkt Perform at Raymond James)