Gapping up
In reaction to earnings/guidance:
- OMC +6.8%, NFLX +6.3% (also to acquire animation studio Animal Logic), FULT +4.3%, NBHC +3.4%, HIVE +2.2%, MATX +1.3%, CALM +1.1% (also to pay $0.75/sh dividend as part of variable div policy), ABT +0.6%, CMA +0.5%, NDAQ +0.5%
Other news:
- AEHR +7.3% (receives $12.8 mln in orders from its lead silicon carbide test and burn-in customer)
- BDSX +4.5% (to present data at IASLC 2022 World Conference demonstrating that the VeriStrat Test is predictive of progression free survival and overall survival in patients with low or negative PD-L1 treated with immune checkpoint inhibitors)
- BLTE +3.4% (submits IND application to FDA for LBS-008 Phase 3 clinical trial)
- ROKU +2% (in sympathy with NFLX earnings)
- LSCC +1.5% (collaborates with LG to bring edge AI technology to LG's 2022 premium laptop lineup)
- DIS +1.5% (in sympathy with NFLX earnings)
- PARA +1.4% (in sympathy with NFLX earnings)
- NVAX +1.3% (confirms that CDC Advisory Committee voted unanimously to recommend COVID-19 vaccine; President Biden issues statement on FDA and CDC authorizing Novavax's COVID-?19 vaccine for adults)
- WBD +1.2% (in sympathy with NFLX earnings; also plans to add massive collection of A24 films to HBO Max according to ScreenRant)
- CNM +1% (to acquire Inland Water Works Supply Co) .
Analyst comments:
- CHKP +2.6% (upgraded to Buy from Underperform at BofA Securities)
- AXTA +1.9% (upgraded to Overweight from Sector Weight at KeyBanc Capital Markets)
- BERY +1.2% (upgraded to Outperform from Neutral at Credit Suisse)