Gapping up
In reaction to strong earnings/guidance:
- KLAC +0.7% (reaffirms guidance; also raises div and adds to buy back)
Select metals/mining stocks trading higher:
- SBGL +5.3%, AU +2.3%, GFI +1.5%, NEM +0.8%, GOLD +0.6%
Select oil/gas related names showing strength:
- TOT +1.7%, RDS.A +1%, BP +0.5%, COP +0.5%, PXD +0.5%
Other news:
- BUD +1.3% (aims to relaunch Hong Kong IPO)
- NVS +1.1% (positive 16-week PREVENT results advance potential new indication for patients with axial spondyloarthritis; study met 16-week primary endpoint) .
Analyst comments:
- SPLK +3.2% (upgraded to Overweight from Neutral at JP Morgan)
- ZNGA +1.9% (named a Best Idea at Stephens, replacing Electronic Arts)
- SNAP +1.7% (upgraded to Neutral from Negative at Susquehanna)
- TJX +0.8% (upgraded to Neutral from Sell at UBS)