Gapping up
M&A news:
- ESCA +3% (to purchase the assets of the Brunswick Billiards® business from Life Fitness, LLC, a portfolio company of KPS Capital Partners, LP), RPAY +1.2% (acquired Payix for up to $115 mln) .
Other news:
- TSLA +7% (reports Q4 deliveries +71% yr/yr to 308,000 vehicles)
- GILT +5.2% (announced that one of the world's largest Mobile Network Operators (MNOs) will deploy 4G cellular backhaul over satellite technology)
- HOLI +3.3% (CEO resignation)
- SPRO +3.1% (announces FDA acceptance and priority review of new drug application for tebipenem hbr for the treatment of complicated urinary tract infections including pyelonephritis) LI +3% (Announced that the Company delivered 14,087 Li ONEs in December 2021, representing a 130.0% increase yr/yr)
- NIO +2.3% (provides December and Q4 delivery update)
- XPEV +2.1% (reports 16,000 vehicles delivered in December 2021, a 181% increase yr/yr)
- MLCO +1.5% (reported December gross revs +1.8 yr/yr to HKD 7.962 bln versus +0.1% in November of 2021)
- NMRK +1% (announces agreement with leading commercial real estate services group in Poland),
Analyst comments:
- WOLF +4.7% (upgraded to Overweight from Neutral at Piper Sandler)
- IIVI +3.8% (upgraded to Outperform from Mkt Perform at Raymond James)
- SE +2.6% (upgraded to Buy from Neutral at BofA)
- RKT +2.1% (upgraded to Neutral from Underperform at Wedbush)
- BXP +1.5% (upgraded to Buy from Hold at Deutsche Bank),