Gapping up
In reaction to earnings/guidance:
- SEAS +8.3%
Other news:
- OMER +13.9% (after closing more than 40% lower on the day)
- IGC +11.8% (continued strength)
- PYX +6.6% (receives Access to Cannabis for Medical Purposes Regulations cultivation license from Health Canada)
- PZZA +3.5% (Legion Partners discloses 5.46% active stake; believes the current market price does not reflect the intrinsic value)
- WIFI +3.1% (to offer $175 million aggregate principal amount of its convertible senior notes due 2023 )
- TEN +2.5% (indicated higher after the completion of its acquisition of Federal-Mogul from Icahn Enterprises (IEP) and Icahn confirming 9.9% active stake in Tenneco)
- LLY +1% (Results from two phase 3 studies show Lilly's ultra rapid lispro met primary efficacy endpoint in people with type 1 and type 2 diabetes) .
Analyst comments:
- SGMS +3.7% (initiated with a Buy at SunTrust)
- GE +2.6% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- AQUA +2.4% (upgraded to Strong Buy from Outperform at Raymond James)
- YRCW +2.1% (initiated with Buy at Loop Capital)
- DBX +1.1% (upgraded to Neutral from Reduce at Nomura)
- LOW +0.8% (added to US 1 List at BofA/Merrill)
- DFS +0.8% (upgraded to Overweight from Neutral at JP Morgan)
- CVX +0.5% (added to Conviction Buy List at Goldman)
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