>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • RAD +8.9%, DRI +3.1%, FUL +2.6%, FDS +2.6%, MKC +1.6%, ACN +1.6%

M&A news:

  • ALLY +7.5% (Ally and CardWorks agree to terminate merger)

Other news:

  • BDN +5.6% (to join S&P SmallCap 600)
  • RPAI +5.5% (to join S&P SmallCap 600)
  • XLRN +3.4% (clinical data released)
  • MYGN +2.6% (reports that a new study published in Future Medicine demonstrates the ability of myPath Melanoma to accurately classify skin lesions ruled indeterminate by standard pathological review)
  • MRNA +2.4% (Moderna and Catalent (CTLT) announced a collaboration for large-scale, commercial fill-finish manufacturing of Moderna's mRNA-based COVID-19 vaccine candidate (mRNA-1273) at Catalent's biologics facility)
  • INSM +1.7% (positive results from Phase 2 WILLOW study)

Analyst comments:

  • PDCO +2.1% (upgraded to Neutral from Sell at Goldman)
  • AHH +0.8% (upgraded to Hold from Sell at Stifel)
  • AVAV +0.7% (upgraded to Buy from Hold at Stifel)