>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • HPJ +19.5%, SRPT +18%, DWCH +6.3%, PLXS +6.1%, KMI +4%, HAWK+3.9%, URI +3.6%, TMUS +2.9%, VMI +2.5%, AEHR +2.4%, ABT +1.2%,DOV +1%, EWBC +0.9%, KEY +0.7%, UN +0.7%, FPI +0.6%
M&A news:
  • AVA +18.1% (Avista to be acquired by Hydro One for $53/share), CAMT +5.2% (to sell its PCB business for $35 million)
Other news:
  • BVXV +10.6% (reports results from the Phase 2b clinical trial of M-001)
  • ALIM +6.6% (announced that the United Kingdom's Medicines and Healthcare Products Regulatory Agency (MHRA) has given final approval to reduce the size of its ILUVIEN Registry Safety Study)
  • AEZS +4.7% (continued strength)
  • MGM +2.8% (to join S&P 500)
  • ERIC +1.8% (slightly rebounding following recent weakness post earnings)
  • RMD +1% (to join S&P 500)
  • STM +1% (says recent media speculation that it may resume taking MCU orders after year-end is false)
  • TEVA +0.9% (receives NICE recommendation for CINQAERO)
Analyst comments:
  • NKE +2.3% (upgraded Overweight from Equal-Weight at Morgan Stanley; tgt $68)
  • BGS +2.1% (upgraded to Buy from Neutral at Citigroup)
  • RCL +0.6% (upgraded to Overweight from Neutral at JP Morgan)