>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • NKE +11.6%, FDX +5%, RAD +4.5%, CCL +2.8%, TTC +1.8%

Other news:

  • ADCT +21.7% (and Sobi announce European Commission approval of ZYNLONTA for the treatment of relapsed or refractory diffuse large b-cell lymphoma)
  • SIX +7.6% (shareholder Land & Buildings issues presentation highlighting opportunity to unlock substantial real estate)
  • PHG +5.8% (provides update on completed set of test results for first-generation DreamStation sleep therapy devices)
  • TTE +2.8% (announces a new gas discovery in offshore block 6)
  • LCID +2.1% (begins deliveries of Lucid Air Dream Edition to customers in Europe, confirms official WLTP driving range of up to 883 km)
  • ALDX +1.6% (announces new $15 mln share repurchase authorization)
  • TCX +1.5% (Blacksheep Fund Management affirms 10.6% holding as active stake; anticipates having further conversations with board members and shareholders)
  • PBR +1.4% (begins the non-binding phase for the sale of POSA; concludes the sale of E&P assets in Sergipe)

Analyst comments:

  • ADPT +7.8% (upgraded to Overweight from Neutral at Piper Sandler)
  • PAGS +2.3% (upgraded to Buy from Neutral at New Street)