Gapping up
In reaction to strong earnings/guidance: USAT +15.9%, LPCN +14.8%, XIN +12.6%, DAR +10.3%, PLNT +9.8%, BUFF +8.2%, XPLR +7.8%, HART +5.8%, RPD +5.2%, CXRX +4.8%, YUM +4.5%, (China Division's October SSS were up an estimated 5%; reaffirms China Division Q4 SSS guidance), FGEN +4.3%, CTSO +4.1%, CSAL +3.5%, AMAT +3.3%, PEN +1.8%
M&A news: MYL +11.1% ( Mylan (MYL) set to lose its hostile tender offer for Perrigo, according to the WSJ), SFUN +7.9% (to acquire a controlling stake in Wanli), SYT +7.3% (higher following reports that the company rejected a $42 bln acquisition offer), CWEI +5.5% (seeing reports that Conco Resources (CXO) is bidding to acquire the company)
Other news: LPCN +14.8% (FDA has assigned a PDUFA goal date of June 28, 2016, for completion of the review of the NDA regarding LPCN 1021 ), PLUG +9.6% (Plug Power and 3M (MMM) announce strategic supply agreement for PEM Stack Membrane), ILMN +4.2% (to replace Sigma-Aldrich in S&P 500 ), KNDI +2.3% (still checking), BHP +1.8% (updates on the incident at its 50/50 owned Samarco mine), STX +1.3% ( forms a new business, Seagate Government Solutions, to address government data-mgmt needs), FCX +1.3% (still checking), SHAK +1% (Shake Shack files for 26,160,694 share Class A common stock offering by selling stockholders ), RIO +1% (Reservoir Minerals reports it has entered into an earn-in and joint venture agreement with Rio Tinto relating to four exploration permits in the Timok Magmatic Complex)
Analyst comments: YELP +4.2% (upgraded to Outperform at RBC Capital Mkts), EXR +1.1% (upgraded to Strong Buy from Outperform at Raymond James), LYG +0.9% (initiated with a Outperform at Davy Research ), WY +0.8% (upgraded to Outperform from Underperform at Credit Agricole post PCL acquisition), TOL +0.7% (upgraded to Overweight from Neutral at JP Morgan
)
In reaction to strong earnings/guidance: USAT +15.9%, LPCN +14.8%, XIN +12.6%, DAR +10.3%, PLNT +9.8%, BUFF +8.2%, XPLR +7.8%, HART +5.8%, RPD +5.2%, CXRX +4.8%, YUM +4.5%, (China Division's October SSS were up an estimated 5%; reaffirms China Division Q4 SSS guidance), FGEN +4.3%, CTSO +4.1%, CSAL +3.5%, AMAT +3.3%, PEN +1.8%
M&A news: MYL +11.1% ( Mylan (MYL) set to lose its hostile tender offer for Perrigo, according to the WSJ), SFUN +7.9% (to acquire a controlling stake in Wanli), SYT +7.3% (higher following reports that the company rejected a $42 bln acquisition offer), CWEI +5.5% (seeing reports that Conco Resources (CXO) is bidding to acquire the company)
Other news: LPCN +14.8% (FDA has assigned a PDUFA goal date of June 28, 2016, for completion of the review of the NDA regarding LPCN 1021 ), PLUG +9.6% (Plug Power and 3M (MMM) announce strategic supply agreement for PEM Stack Membrane), ILMN +4.2% (to replace Sigma-Aldrich in S&P 500 ), KNDI +2.3% (still checking), BHP +1.8% (updates on the incident at its 50/50 owned Samarco mine), STX +1.3% ( forms a new business, Seagate Government Solutions, to address government data-mgmt needs), FCX +1.3% (still checking), SHAK +1% (Shake Shack files for 26,160,694 share Class A common stock offering by selling stockholders ), RIO +1% (Reservoir Minerals reports it has entered into an earn-in and joint venture agreement with Rio Tinto relating to four exploration permits in the Timok Magmatic Complex)
Analyst comments: YELP +4.2% (upgraded to Outperform at RBC Capital Mkts), EXR +1.1% (upgraded to Strong Buy from Outperform at Raymond James), LYG +0.9% (initiated with a Outperform at Davy Research ), WY +0.8% (upgraded to Outperform from Underperform at Credit Agricole post PCL acquisition), TOL +0.7% (upgraded to Overweight from Neutral at JP Morgan
)