Gapping up
In reaction to strong earnings/guidance:
- FLEX +13.8%, FB +11.5%, IIVI +11.5%, DLB +8.8%, NOW +8.5%, GE +8.4%, MDC +8.2%, MLNX +6.2%, CHTR +6.2%, VLO +5.6%, DEO +5.1%, UPS +5%, CPLP +5%, BBD +4.7%, APRN +4.2%, RDS.A +4.1%, WYNN +4%, ALGT +3.4%, LLNW +3.3%, MAN +3.3%, QCOM +2.9%, ETN +2.9%, ABMD +2.7%, RACE +2.3%, COP +2%, NS +1.9%, MO +1.9%, CACI +1.5%, S +1.3%, BMS +1.2%, EPD +1.2%, CELG +0.9%
M&A news:
- WDAY +5.4% (Workday indicated higher premarket after William Blair suggests in a note that WDAY has closed a core HR deal with Accenture)
- DISCA +4.9% (Discovery could sell to CBS (CBS) or a combined CBS / Viacom (VIAB) company, according to CNBC)
Other news:
- EGO +3.7% (provides consolidated 2019-2021 outlook)
- TWTR +3.5% (higher with FB)
- PXLW +2.4% (announces partnership with HMD Global for delivery of advanced visual processing solutions on Nokia smartphones)
- SNAP +2.1% (higher with FB)
- AVP +2.1% (announces 10% reduction in its global headcount)
Analyst comments:
- PFE +1.3% (upgraded to Outperform from Neutral at Credit Suisse)
- SKY +1.1% (upgraded to Buy from Hold at SunTrust)
- ES +0.6% (upgraded to Buy from Neutral at Goldman)
- TIF +0.6% (upgraded to Overweight from Neutral at Atlantic Equities)