Gapping up
In reaction to strong earnings/guidance:
- HA +5.2% (reports Sept traffic +3% yr/yr on an increase of 0.7% in capacity; raises Q3 estimates for operating revenue per ASM), HELE +4.9%
Select metals/mining stocks trading higher:
- HMY +4.9%, GFI +3.3%, MUX +2.5%, AU +2.4%, GDX +1.5%, GOLD +1.3%, GLD +0.8%, SLV +0.8%, .
Other news:
- NIO +11% (provides Q3 delivery results -- total deliveries +35.1% qtr/qtr)
- ERIC +1.2% (US officials have suggested issuing credit to Nokia (NOK) and Ericsson (ERIC) so those companies can compete with Huawei)
- NOK +0.8% (US officials have suggested issuing credit to Nokia (NOK) and Ericsson (ERIC) so those companies can compete with Huawei)
- CE +0.5% (indicated higher on reports that the company may consider a breakup)
Analyst comments:
- NAT +8.1% (upgraded to Buy at BTIG)
- SWTX +1.8% (initiated with a Buy at Goldman; initiated with an Overweight at JP Morgan)