Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- FHN +1.6%, JPM +1.3%, WFC +1.1%, C +0.5%
M&A news:
- QCOM +1.8% (former Chairman Paul Jacobs could make bid for the company within next few months, according to Bloomberg), .
Other news:
- PLSE +37.5% (reports 'positive' results in study of seborrheic keratosis lesions with a single treatment of non-thermal Nano-Pulse Stimulation - results to be featured scientific meeting )
- MNOV +20% (presents positive results from the interim analysis of the Phase 2 clinical trial of MN-001 in NASH and NAFLD with hypertriglyceridemia)
- SSC +9.4% (appointed Finance Director Jason Wu as interim CFO effective immediately after former CFO Simon Wang resigned)
- AVGO +4.7% (authorized the repurchase of up to $12 bln of common stock)
- TSLA +2.8% (NTSB Revokes Tesla's party status regarding March 23 fatal crash; also Elon Musk in tweet says 'Tesla will be profitable & cash flow+ in Q3 & Q4')
- MU +1.7% (higher with AVGO/QCOM)
- ICPT +1.7% (reports data from a substudy from the POISE Phase 3 trial suggesting that long-term OCA treatment in patients with PBC was associated with reversal or stabilization of fibrosis and cirrhosis)
- NWL +1.1% (reports that its Waddington Group unit is attracting several bidders)
Analyst comments:
- ECYT +7.9% (initiated with a Buy at Jefferies)
- GFI +4.2% (upgraded to Buy from Underperform at BofA/Merrill)
- FFIV +2.5% (upgraded to Outperform from Mkt Perform at William Blair)
- ALB +2.3% (upgraded to Buy from Neutral at Citigroup)
- ESV +2.3% (upgraded to Outperform from Neutral at Credit Suisse)
- NFLX +1.6% (upgraded to Buy from Hold at Deutsche Bank; tgt raised to $350 from $240)
- NTAP +1.1% (initiated with a Overweight at JP Morgan)
- LLY +0.9% (upgraded to Market Perform from Underperform at BMO Capital Markets)
Gapping down
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- ZG -4.6%, (Zillow expands Instant Offers to Phoenix; will work with agents to test buying and selling homes directly; as a result, lowers FY18 EBITDA on higher revenue; raises Q1 guidance), INFY -2.6%, PNC -1.2%
Other news:
- MBI -4.7% (pulling back after seeing late spike higher on volume)
- SEAS -1.9% (SeaWorld Entertainment received Wells Notice; Commission staff to recommend that a civil enforcement action or administrative proceeding be brought against the Company)
Analyst comments:
- CPB -1% (resumed with a Sell at Goldman)
- MUSA -1.2% (downgraded to Hold from Buy at Jefferies)
- SBUX -1.3% (downgraded to Market Perform from Outperform at Cowen)
- TEN -1.3% (downgraded to Neutral from Buy at Goldman)
- DBX -3.2% (initiated with a Reduce at Nomura/Instanet)
- GKOS -4.7% (downgraded to Hold at Stifel)