Gapping up
In reaction to earnings/guidance:
- PGNY +16.6%, HIMS +10.2%, FOUR +9.5%, FGEN +8%, KTB +7.6%, SKIN +7.1%, ZM +6.9%, EHTH +6.1%, IGT +6%, HCM +5.9%, INSW +5.9%, IIPR +5.5%, PRAA +5%, AAON +4.7%, SRC +4.6%, AAP +4%, KDNY +3.8%, FSK +3.1%, XRAY +3%, WRBY +2.9%, DO +2.7%, ALC +2.6%, BEAM +2.6%, TGT +1.9%, SHC +1.9%, HLIO +1.8%, PRGO +1.8%, TREX +1.8%, VMEO +1.7%, SEAS +1.7%, RRC +1.5%, APG +1.5%, BLDR +1.4%, VRAY +0.9%, SRE +0.8%, NARI +0.7%, FA +0.7%, SJM +0.6%, TDW +0.5%
Other news:
- SAN +4.8% (increases shareholder payout policy from 40% to 50% of profits as it details plans for higher profitability and growth)
- ROCC +3.8% (enters into definitive merger agreement with Baytex Energy (BTE); to receive $13.31 of cash and 7.49 shares of Baytex per Ranger Share)
- VRCA +3.3% (FDA accepted NDA)
- MERC +1.3% (CFO resigns; promotes Richard Short to CFO)
- CVX +1.3% (raises share buyback guidance to $10-20 billion per year)
- META +1.1% (creating AI focus group according to Reuters)
Analyst comments:
- BRMK +3.3% (upgraded to Neutral from Underweight at Piper Sandler)