>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:
  • RELY +21.2% (also names new CEO), ETSY +18.8%, NP +16.1%, HLF +13.7%, LMND +13.2%, FIG +10.7%, DASH +10%, APPN +9.9%, NABL +9.7%, EBAY +8.7% (also to acquire Depop; increases dividend; increases share repurchase program by $2 bln), NICE +7.9%, TROX +6.1%, PWR +5.6%, DE +5%, OXY +4.6%, FPI +4.6%, MTLS +4.6%, TS +4.1%, LILA +4%, XPRO +3.8%, AG +3.5%, FUN +3.3%, CWK +3.2%, OBDC +3.1% (also certain BDCs to sell $1.4 bln of assets), HST +2.9% (also announces sale of two Four Seasons resorts), PAAS +2.9%, ADAM +2.7%, ILPT +2.7%, JXN +2.5% (also increases dividend), ULS +2.5%, SPNT +2.2%, ECO +2.2% (also increases dividend), MD +2.1%, SII +1.7%, THRM +1.4%, OMC +1.3% (also authorizes new $5 bln share repurchase program, including $2.5 bln accelerated share repurchase), CWAN +1.2%, KAI +1.1%, ARR +1.1%, EIX +1.1%
Other news:
  • CDNL +9.9% (acquires A.L. Grading Contractors; provides FY25 and FY26 guidance)
  • HIMS +7.3% (has entered into a definitive agreement to acquire Eucalyptus)
  • DEI +3.5% (Chairman & Chief Executive Officer discloses the purchase of 98,000 shares at $9.96 - $10.25 worth approximately $998K)
  • CMPS +2.8% (prices offering consisting of ADSs and warrants)
  • MGIC +2% (provides several merger updates)
  • ATEX +1.7% (FCC approves rules to expand 900 MHz band to 10 mhz)
Analyst comments:
  • CHWY +2.8% (upgraded to Outperform from Market Perform at Raymond James)
  • GRMN +0.9% (upgraded to Equal Weight from Underweight at Morgan Stanley)