Gapping up
In reaction to earnings/guidance:
- ODP +4.7% (guidance) SYF +4.2%, GS +4.2%
Select Index ETFs showing strength:
- QQQ +1.2%, IWM +1.1%, DIA +1.1%, SPY +1%
Select semiconductor stocks trading higher:
- NVDA +2.8%, AMD +2.1%, MU +1.7%, SMH +1.6%, SWKS +1.4%, NXPI +1.3%, INTC +1.1%, STM +0.9%
Other news:
- QD +57.1% (Provides QD food progress report; as of July 18, 2022, the Company has 15 warehousing, assembly and packaging facilities)
- ADN +24.3% (announces that its Green HiPo project under the framework of the Important Projects of Common European Interest Hydrogen -- Technology, has now received official ratification from the European Commission of the European Union)
- ITHX +20.7% (shareholders approve previously announced business combination with Mondee Holdings II)
- APYX +10.3% (receives FDA 510(k) clearance for the use of Renuvion)
- ACTD +7% (receives shareholder approval for business combination with OPAL Fuels)
- IMCR +5% (announces $140 million private placement financing)
- PRMW +4.9% (announced that Primo Water North America, a wholly-owned subsidiary of Primo, has acquired Highland Mountain Water, located in Atlanta, Georgia)
- BA +3.8% (Delta Air Lines to modernize single-aisle fleet with up to 130 Boeing (BA) 737 MAX jets; also BA forecasts demand for more than 41K new airplanes by 2041)
- RYTM +3.6% (NICE recommends Rhythm's IMCIVREE (setmelanotide) for treating obesity and controlling hunger caused by POMC or LEPR deficiency)
- JD +3.5% (positive Barrons article)
- DNA +3.3% (announces collaboration with Sumitomo Chemical)
- CVNA +3.2% (Luxor increased passive stake to 5.9% (prior ~1.1%))
- KWEB +2.9% (positive Barrons article)
- BABA +2.8% (positive Barrons article)
- STLA +2.7% (agree on a share repurchase framework with Dongfeng Motor; implements asset-light approach to grow Jeep brand in China; negotiates termination of local joint venture with GAC Group)
- BALY +2.6% (Standard RI notifies of its election to tender 360,000 common shares in modified Dutch auction)
- BIDU +2.6% (positive Barrons article)
- CRNT +2.3% (Largest Ceragon Networks Shareholder Sends Letter to Board of Directors)
- ESTE +2.2% (files for 5,650,977 share common stock offering by selling shareholders; also files for 29,837,033 share common stock offering by selling shareholders)
- TCOM +2.2% (positive Barrons article)
- AER +1.8% (signs lease agreement with GOL Linhas Aereas Inteligentes)
Analyst comments:
- CHK +2.1% (initiated with a Buy at Goldman)
- CLNN +0.9% (initiated with a Buy at H.C. Wainwright)