Gapping up
In reaction to strong earnings/guidance: ORIG +36.5%, AMAT +7.6%, KEYS +5.4%, MENT +2.9%, GPS +1.3%, EGHT +0.9%, WBAI +0.8%
M&A news: IOC +28% (Oil Search (OISHF) proposes to acquire 100% of InterOil for ~$2.2 bln)
Select Chinese ADRs showing strength: RENN +7.7%, JRJC +3.7%, SOHU +2.4%, KANG +2.1%
Select metals/mining stocks trading higher: SBGL +4.3%, FCX +1.6%, RIO +1.4%, ABX +0.9%, BHP +0.8%
Select oil/gas related names showing strength: KMI +2.8%, SDRL +2.5%, CHK +1.6%, PBR +1.6%, RIG +0.9%
Other news: XGTI +13.4% (Intracoastal Capital discloses 9.0% passive stake), PRGN +10% (continued volatility in pre-mkt trade), SRPT +6.8% (DMD drug eteplirsen PDUFA date is May 26), AVXL +6% (granted orphan designation by the FDA for dimethylamine hydrochloride for the treatment of Rett Syndrome), XON +2.5% (US Senate officially passed Zika response and preparedness bill), TM +1.4% (announced that the cumulative figures for global sales of its hybrid vehicles reached 9.014 million units as of April 30), JCP +1.3% (still checking), TSLA +0.7% (prices 10.7 mln shares at $215/share)
Analyst comments: CS +2.5% (upgraded to Neutral from Underperform at BofA/Merrill), DKS +1.8% (upgraded to Buy from Neutral at Goldman; upgraded to Equal-Weight from Underweight at Morgan Stanley)
In reaction to strong earnings/guidance: ORIG +36.5%, AMAT +7.6%, KEYS +5.4%, MENT +2.9%, GPS +1.3%, EGHT +0.9%, WBAI +0.8%
M&A news: IOC +28% (Oil Search (OISHF) proposes to acquire 100% of InterOil for ~$2.2 bln)
Select Chinese ADRs showing strength: RENN +7.7%, JRJC +3.7%, SOHU +2.4%, KANG +2.1%
Select metals/mining stocks trading higher: SBGL +4.3%, FCX +1.6%, RIO +1.4%, ABX +0.9%, BHP +0.8%
Select oil/gas related names showing strength: KMI +2.8%, SDRL +2.5%, CHK +1.6%, PBR +1.6%, RIG +0.9%
Other news: XGTI +13.4% (Intracoastal Capital discloses 9.0% passive stake), PRGN +10% (continued volatility in pre-mkt trade), SRPT +6.8% (DMD drug eteplirsen PDUFA date is May 26), AVXL +6% (granted orphan designation by the FDA for dimethylamine hydrochloride for the treatment of Rett Syndrome), XON +2.5% (US Senate officially passed Zika response and preparedness bill), TM +1.4% (announced that the cumulative figures for global sales of its hybrid vehicles reached 9.014 million units as of April 30), JCP +1.3% (still checking), TSLA +0.7% (prices 10.7 mln shares at $215/share)
Analyst comments: CS +2.5% (upgraded to Neutral from Underperform at BofA/Merrill), DKS +1.8% (upgraded to Buy from Neutral at Goldman; upgraded to Equal-Weight from Underweight at Morgan Stanley)