>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • FL +14.9%, NWY +7.2%, LGF.A +7%, SCVL +5.9%, YRD +5%, DECK +4.7%, QSII +1%

Other news:

  • CAVM +6% (Marvel announces completion of CFIUS review of previously announced merger transaction with Cavium; continues to expect the merger to close mid-calendar year of 2018)
  • DGX +4.1% (UnitedHealth establishes long-term strategic partnerships with Quest Diagnostics and LabCorp)
  • AMRN +3.6% (Amarin settles Vascepa patent litigation with Teva)
  • MRVL +3.4% (Marvel announces completion of CFIUS review of previously announced merger transaction with Cavium; continues to expect the merger to close mid-calendar year of 2018)
  • BMRN +2.7% (ticking higher; receives standard approval for Palynziq injection for treatment of adults with Phenylketonuria genetic disease)
  • LEN +1.3% (following CNBC Fast Money mention)
  • MUX +0.9% (McEwen Mining provides an updated mineral resource estimate for the Tamarack gold and base metal deposit at the 100% owned Black Fox Complex), . 

Analyst comments:

  • CYAD +3.5% (initiated with a Outperform at Wells Fargo)
  • NVS +1% (upgraded to Neutral from Underperform at Credit Suisse)