>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • CNM +8.1%, PLAB +6.4%, FLNC +5.9%, CSV +5% (releases FY24 financial goals)

Other news:

  • MRTX +9.6% (receives FDA accelerated approval of KRAZATI)
  • MRNA +7.8% (Moderna and Merck (MRK) announce investigational cancer vaccine mRNA-4157/V940 has met primary efficacy endpoint)
  • NFE +6.2% (provides update to dividend policy plan to return significant capital to shareholders)
  • NRIX +4.9% (presents positive results from Novel BTK Degrader)
  • KOPN +3.6% (joint tech solution with OPTAC-X and RealWear)
  • NYMT +3.1% (names new President)
  • PGEN +3.1% (Phase 1 Dose Escalation Data for Autologous PRGN-3006 UltraCAR-T)
  • MASI +3% (hosts Investor Day to detail next phase of its growth trajectory at 7:30 am PT (10:30 am ET))
  • EVGO +2.6% (EVgo Inc. and Lyft (LYFT) launch new partnership to accelerate rideshare electrification nationwide)
  • BA +2.2% (United (UAL) finalized its order to purchase 100 firm Boeing 787 aircraft scheduled to be delivered starting with eight aircraft in 2024) 
  • HUT +2% (replaces CFO)
  • NYT +1.5% (CFO to retire next year)
  • SSRM +1.3% (positive exploration results)
  • TNDM +1.1% (to acquire Insulin Patch Pump Developer AMF Medical)
  • DEN +1% (announce agreement for CO2 sequestration site with Weyerhaeuser)

Analyst comments:

  • PHR +2.5% (upgraded to Buy from Neutral at Citigroup)
  • ANGI +1.9% (initiated with a Buy at Citigroup)
  • TTD +1.5% (initiated with a Buy at Citigroup)
  • EQIX +1.4% (upgraded to Outperform from Market Perform at Cowen)
  • W +1.3% (initiated with a Buy at Citigroup)
  • ETSY +0.9% (initiated with a Buy at Citigroup)