Gapping up
In reaction to earnings/guidance:
- DECK +14.6%, PANW +12.3%, FL +4.8%, FLO +3.7%, AINV +3.5%, VFC +3.1%
Other news:
- CDXC +10.2% (to launch commercial joint venture in mainland China)
- NIO +8% (officially listed on the main board of the Singapore Exchange)
- ALLK +6% (files for $250 mln common stock offering)
- CRWD +5.1% (in sympathy with strong PANW earnings)
- ANIK +5% (receives FDA 510(k) clearance for the X-Twist knotless fixation system expanding its sports medicine soft tissue portfolio)
- ZS +4.9% (in sympathy with strong PANW earnings)
- MAXN +3.8% (appoints Philippe Costemale as New COO)
- FTNT +3.6% (in sympathy with strong PANW earnings)
- MRTX +3.2% (submits marketing authorization application for adagrasib to the EMA; also upgraded to Buy from Neutral at Guggenheim)
- LPLA +2.9% (reports activity highlights for April)
- DASH +2.9% (authorizes new $400 mln share repurchase program)
- CVLG +2.9% (names new CFO; also announces new $75 mln stock repurchase auth)
- BBIO +2.7% (Affiliate Phoenix Tissue Repair Announces Positive Results from Phase 2 Trial of PTR-01)
- SLQT +2.5% (CFO to step down)
- OKTA +2.5% (in sympathy with strong PANW earnings)
- ARNC +2.5% (to pursue the sale of its Russian operations)
- SEDG +2.3% (SEDG and Huawei agree on global patent license agreement)
- MTCH +2.3% (withdraws temporary restraining order in response to (GOOG / GOOGL) concessions)
- DVN +2% (ENLC DVN and MPLX to move forward with construction of Matterhorn Express Pipeline)
- MPLX +1.8% (ENLC DVN and MPLX to move forward with construction of Matterhorn Express Pipeline)
- MYE +1.5% (CFO to step down)
- EQH +1.3% (increases dividend)
Analyst comments:
- OLLI +6.4% (upgraded to Buy from Underperform at BofA Securities)
- TREX +3.1% (upgraded to Neutral from Underperform at Exane BNP Paribas)
- APD +1.7% (assumed with an Outperform at Credit Suisse)
- CMA +1.3% (upgraded to Outperform from Neutral at Robert Baird)