Gapping up
In reaction to earnings/guidance:
- NEGG +6.9%, CTLT +3%, LI +1.9%
Other news:
- SPRT +51.2% (Continues recent momentum from last week)
- AFRM +39.8% (Affirm and Amazon (AMZN) partner to bring AFRM's flexible payment solution to AMZN customers at checkout)
- VBLT +12.4% (resumes U.S. enrollment in OVAL Phase 3 trial as FDA authorizes clinical use of VB-111 batches produced in Modiin facility)
- IDEX +9.6% (acquires VIA Motors in all-stock transaction)
- NCTY +8.7% (launches NFT Platform NFTSTAR)
- TUYA +2.2% (announces $200 mln share repurchase program)
- DOYU +1.3% (authorizes a share repurchase program of up to $100 mln of its ordinary shares in the form of ADSs during a period of up to 12 months commencing on Aug 30)
- ERF +1% (announces sale of non-strategic interests in the Williston Basin)
- BIP +0.9% (acquires approx. 18.4 mln additional Inter Pipeline common shares)
- NGMS +0.9% (Caesars Entertainment discloses 24.5% stake in NGMS via its recent William Hill acquisition)
Analyst comments:
- EDU +8% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- MGY +1.2% (upgraded to Buy from Hold at Truist)