Gapping up
In reaction to earnings/guidance:
- AUB +3.4%, DHI +1.6%, GE +1.4%, LMT +1.3%, FNB +1.2%, IPAR +1.1%, RTX +0.9%, JNJ +0.7%, HAL +0.5%
Other news:
- HPK +14% (announces strategic alternative review including possible sale; also provides operational guidance)
- CBAY +10.4% (announces the pricing of its previously announced underwritten public offering of common stock and pre-funded warrants)
- YEXT +6.7% (announces cost cut plan includes 8% workforce reduction) SSL +5.4% (reports H1 production and sales metrics)
- AMLI +4.9% (announces royalty buyback at its TLC lithium project in Nevada)
- DKL +4.3% (raises distribution by 3% to to $1.02 per common unit)
- PLRX +2.4% ($175 mln stock offering)
- GATO +2.3% (Extends South-East Deeps Zone at Cerro Los Gatos)
- CDLX +1.8% (names new COO)
- HESM +1.1% (increases dividend)
Analyst comments:
- ALLO +5.1% (upgraded to Overweight from Neutral at JP Morgan)
- LYFT +3.5% (upgraded to Overweight from Sector Weight at KeyBanc Capital Markets)
- BX +1% (upgraded to Overweight from Neutral at JP Morgan)