Gapping up
In reaction to earnings/guidance:
- TDC +29.4%, SIEN +22.1%, PLT +14.1%, VREX +13.6%, SYNA +12.3%, UI +11.5%, PINS +10.7%, BILL +10.1%, ATVI +8.4%, DLX +7.4%, OTEX +7.2%, NWSA +6.8%, COLM +6.7% (also increases share repurchase program by $400 mln), ENVA +5.5%, EL +5.1%, HRC +4.8%, LESL +4.3%, CCS +3.8%, ESS +3.8%, REGN +3.7%, AOSL +3.6%, EXPO +3.6% (also increases dividend), ADNT +3.6%, ZEN +3.5% (also CFO to depart company), EAF +3.1%, BERY +3.1%, DXC +2.9%, SNY +2.7%, ZBH +2.7% (also will spin off Spine and Dental businesses) SPB +2.7%, GILD +2.6% (also increases dividend), WYNN +2.4%, F +2.2%, PFSI +1.8% (also approves stock repurchase increase), CAH +1.8%, AON +1.7%, FTV +1.6%, MCHP +1.5%, MTD +1.4%, HIG +1.2%, CSL +1%, DECK +1%
Other news:
- TTOO +51.3% (announces ability of T2SARS-CoV-2 panel to detect Brazil variant of SARS-CoV-2 virus)
- MGNI +23.1% (to acquire SpotX for $1.17 bln in cash and stock; sees Q4 revs above consensus)
- YI +10.8% (111, Inc. and Jilin Baiyi Doctor Group Management entered into a strategic partnership)
- MDGL +9.4% (Jefferies Managing Director highlights name as one with high short interest - CNBC interview)
- KPTI +8% (Jefferies Managing Director highlights name as one with high short interest - CNBC interview)
- NCTY +7.6% (unit signed a strategic cooperation framework purchase agreement on the purchase of bitcoin mining machines)
- CORR +7% (acquires Crimson Mistream's California pipeline assets; announces internalization of REIT manager)
- CVAC +5.6% (CureVac and UK Government to collaborate on development of vaccines against SARS-CoV-2 variants)
- DAN +5.1% (Carl Icahn discloses 7.45% passive stake)
- RCKT +5.1% (Jefferies Managing Director highlights name as one with high short interest - CNBC interview)
- NBLX +5.1% (Chevron (CVX) offers to acquire Noble Midstream Partners LP in exchange for shares of common stock valued at $12.47 per common unit)
- GME +5% (Robinhood removes trading limits)
- AMC +3.8% (Robinhood removes trading limits)
- CLOV +2.6% (discloses SEC investigation)
- SDC +2.3% (prices offering of $650 mln of 0.00% convertible senior notes due 2026)
- JHG +2.2% (prices secondary offering of 30,668,922 shares of common stock by its largest stockholder, Dai-ichi Life Holdings, at $29.25 per share)
- PLTR +1.9% (Palantir Technologies and BP (BP) deepen partnership, accelerate energy transition)
- VLRS +1.8% (Jan traffic data)
- JNJ +1.6% (announces submission of EUA application for investigational single-shot Janssen COVID-19 vaccine candidate)
- SLM +1.4% (President Biden considering forgiving student debt through executive order, according to WSJ)
- NOG +1% (prices 12.5 mln share offering at $9.75/sh)
- NVAX +1% (starts rolling review process for authorization of NVX-CoV2373 by multiple regulatory authorities)
Analyst comments:
- INFI +7% (upgraded to Neutral from Underweight at JP Morgan)
- ZG +3% (upgraded to Buy from Neutral at Goldman)
- RDFN +2.5% (upgraded to Neutral from Sell at Goldman)
- GOOS +1.3% (upgraded to Neutral from Sell at Goldman)
- CTVA +0.9% (upgraded to Overweight from Neutral at JP Morgan)
- SBUX +0.9% (upgraded to Buy from Hold at Gordon Haskett)