Gapping up
In reaction earnings/guidance:
In reaction earnings/guidance:
- SN +7.5%, KOS +4.9%, ECYT +2.9%, BRK.B +1.6%, HIBB +1.6%, I +1.3%
M&A news:
- QCOM +2.6% (proposes further engagement with Broadcom (AVGO) on price and terms of possible transaction)
- NOK +2.6% (announced plans to acquire Unium)
Select metals/mining stocks trading higher:
- BBL +1.5%, ABX +1.3%, AG +1.3%, BHP +1.2%, HMY +0.9%, GDX +0.9%
Other news:
- AXSM +11.3% (Primary Endpoint Met in Phase 1 Trial of AXS-09)
- SMMT +6.6% (announces 'further positive findings from PhaseOut DMD')
- ACHN +6.4% (EMA COMP issued a positive opinion on ACH-4471 for orphan status in the EU for the treatment of C3 glomerulopathy)
- X +4% (comments from President Trump on 'harsh' tariff plans circulate)
Analyst comments:
- XCRA +6% (upgraded to Buy from Hold at Craig Hallum)
- HPQ +1.8% (upgraded to Overweight from Neutral at JP Morgan)
- ITCI +1.7% (initiated with a Overweight at JP Morgan)
- DIN +1.6% (upgraded to Outperform from Mkt Perform at Raymond James)
- SLB +1.4% (upgraded to Buy from Neutral at BofA/Merrill)
- TGT +1.3% (initiated with a Outperform at Credit Suisse)
- UPS +1.2% (upgraded to Buy from Hold at Loop Capital)
- DUK +1% (upgraded to Buy from Hold at Deutsche Bank)
- BP +0.7% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)