>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • N/A.

Select metals/mining stocks trading higher:

  • AU +2.2%, HMY +2.1%, GOLD +2%, GFI +1.3%, FSM +1.3%, PAAS +1.1%, GDX +0.8%, GLD +0.5%, . 

Other news:

  • CERC +15.4% (to sell pediatric portfolio to AYTU BioScience (AYTU) for more than $32 mln)
  • CNCE +5.4% (presents results from recently completed Phase 2 dose-ranging trial of CTP-543 in patients with moderate-to-severe alopecia areata)
  • RGNX +4.5% (reports positive interim Phase I/IIa Trial update for RGX-314 )
  • ACM +2.3% (divests its Management Services business for $2.405 bln; provides FY19 and FY20 oultook)
  • AMC +1.2% (hires new CFO)
  • LLY +0.6% (announces that Taltz met co-primary endpoints)

Analyst comments:

  • PLNT +2% (upgraded to Outperform at Imperial Capital)
  • XLNX +1.9% (upgraded to Buy from Neutral at Nomura)
  • WDC +1.7% (upgraded to Buy from Hold at Loop Capital)
  • NKE +0.7% (upgraded to Neutral from Underperform at BofA/Merrill)