Gapping up
In reaction to strong earnings/guidance:
- BOOM +17.7%, XOG +16.8% (also files 437.5k share common stock offering by selling stockholder) TTD +14.6%, TXMD +11%, W +10.1%, SWM +9.6%, PAGS +9.4%, CATM +8.7%, OLED +6.8%, ROKU +6%, FIX +5.4% (also increases quarterly dividend; to acquire Walker TX Holding Company), COLD +5.1%, TI +4.9%, HMSY +4.8%, ATUS +4.1%, BYD +4%, CYTK +4%, CUBE +3.6%, RUTH +3.1%, CNK +3%, ZG +2.9%, MGA +2.9%, HTGC +2.4%, ASIX +2.4%, KL +2.1%, ACIA +2%, KEYS +1.8%, ITT +1.8%, HPE +1.7%, BIDU +1.5%, TVPT +1.3%, IQ +1%
M&A news:
- NEM +3.7% (Newmont Mining: Barrick Gold (GOLD) considering hostile takeover of NEM, according to Globe and Mai)
Other news:
- KNDI +5% (attributed to upcoming 60 Minutes piece on China electric cars)
- ARAY +3.4% (announces data from an international, randomized, 38-center trial show that treatment with SBRT results in a similar safety profile to conventional radiation in men with low- or intermediate-risk prostate cancer)
- PCG +2.5% (extending this week's rebound)
- NIO +2.1% (attributed to upcoming 60 Minutes piece on China electric cars)
- WIFI +1.9% (appoints Mike Finley as CEO, effective March 18; company reaffirms FY18 financial guidance)
- HK +1.1% (announces resignations of Chairman and CEO Floyd Wilson and of CFO Mark Mize)
- PXD +0.8% (CEO, Timothy L. Dove, to retire; Scott D. Sheffield, Chairman of the Board, will return to his former role as CEO)
- CGC +0.8% (Alimentation Couche-Tard entered into a multi-year agreement with CGC) GT +0.6% (to join S&P MidCap 400)
Analyst comments:
- LSCC +5.6% (initiated with a Outperform at Cowen)
- NDLS +4.3% (upgraded to Buy from Hold at Jefferies)
- MNKD +4.1% (initiated with a Outperform at SVB Leerink)
- INTC +2.8% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- PLNT +2.2% (upgraded to Buy from Hold at Jefferies)
- NVDA +1.3% (initiated with a Overweight at Atlantic Equities)
- STM +1.2% (initiated with a Outperform at Cowen)
- C +1.1% (upgraded to Buy from Hold at Jefferies)
- UTX +0.8% (upgraded to Overweight from Neutral at JP Morgan)
