Gapping up
In reaction to earnings/guidance:
- TSN +5.3%, ENR +4.8%, HAS +2.2%, BFLY +1%
Other news:
- PTON +31% (drawing interest from suitors including Amazon according to WSJ; reports Nike (NKE) also interested in Peloton)
- SAVE +11.4% (Spirit Airlines and Frontier Airlines (ULCC) to merge)
- GOL +6.2% (GOL Linhas Aereas Inteligentes S.A. and American Airlines (AAL) sign definitive investment agreement)
- EVLO +3.9% (announces highly significant reductions in clinically validated inflammatory cytokines in EDP1815 phase 2 psoriasis trial)
- FTCI +3.7% (files for 37277987 share common stock offering by selling shareholders)
- COIN +3.5% (tweets that is has confirmed full service has been restored)
- PPC +2.5% (expects to provide an answer to PPC regarding JBS S.A.'s takeover offer by the end of February)
- ENDP +1.6% (announced that its Par Sterile Products business has begun shipping VASOSTRICT in ready-to-use 100 mL pre-mix bottles)
- CLVT +1.4% (Board of Directors has approved the purchase of up to $1.0 billion)
- UL +1.1% (Shareholders want Unilever (UL) to split up the company)
Analyst comments:
- NTLA +2.9% (upgraded to Outperform from Perform at Oppenheimer)
- MTX +1.3% (upgraded to Overweight from Neutral at JP Morgan)
- AWK +0.7% (upgraded to Neutral from Sell at UBS)
- AINV +0.6% (upgraded to Neutral from Sell at Citigroup)