Gapping up
In reaction to earnings/guidance:
- NAPA +6%, PEP +1%
Other news:
- TISI +13.3% (awarded multi-year contract from Chevron)
- AGFY +12.9% (acquires Precision Extraction Solutions and Cascade Sciences for $50 mln in cash and stock)
- NOTV +10.4% (to acquire Plato BioPharma for $15 mln)
- VIEW +8.3% (View's Smart Windows have been installed at the Memphis International Airport)
- UBX +6.8% (announces 12-week data from its ongoing Phase 1 safety study of UBX1325)
- RYAM +4.4% (to increase prices for Cellulose Specialties products)
- SB +2.9% (enters into new period time charter for a duration of 3 years)
- CPE +2.7% (reports Q3 production exceeded guidance; raises FY21 outlook)
- CRMD +1.5% (CEO retires)
- XENE +1.4% (commences $250 mln common share offering; also files mixed securities shelf offering)
- GMTX +1.3% (announces a corporate restructuring)
- FB +1.2% (Facebook apps all go down simultaneously, according to NYT)
- LULU +1.1% (approves $500 mln increase to stock repurchase authorization)
Analyst comments:
- BE +3.5% (upgraded to Strong Buy from Outperform at Raymond James)
- AOS +2% (upgraded to Outperform from Neutral at Robert W. Baird)
- CWEN +2% (upgraded to Outperform from In-line at Evercore ISI)
- CMA +1.7% (upgraded to Outperform from Underperform at Wolfe Research)