>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • LE +6%, MIK +6%, OKTA +4.7%, SGU +3.6%, MRVL +3.2%, CLDR +3.2%, ESTC +2.7% (also issued upside guidance for Q3 and FY19), ZS +2.1% (guided Q2 and FY10 EPS and revs above consensus), FIVE +1.8%, SCWX +1%, KLXE +1%, NWE +0.9% (reaffirmed fiscal 2018 guidance), HOME +0.7%, BF.B +0.6%, .

Other news:

  • AXON +6.7% (announces feedback from a face-to-face pre-IND meeting with the FDA regarding AXO-Lenti-PD for patients with Parkinson's disease)
  • ADC +1.1% (increased quarterly cash dividend)
  • RBC +0.9% (to sell Regal Drive Technologies to an affiliate of Sun Capital Partners)
  • MNK +0.5% (to spin-off of specialty generics business)

Analyst comments:

  • EPR +4.8% (upgraded to Outperform from Mkt Perform at Raymond James)