Gapping up
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- DY +20.8%, APPS +13.7%, BBWI +12.4%, SMTC +10.1%, QFIN +8.6%, DTIL +7.1%, ANF +5.1%, API +4.0%, MOD +2.9%, CPRI +2.3%, BMO +2.0%
Other news:
- MU +8.6% (Continues to rally following UBS price target increase yesterday to $1625 from $535.)
- RKLB +7.4% (has successfully passed System Requirements Review for the Space Development Agency's Tracking Layer Tranche 3 (TRKT3) constellation.)
- FLY +7.2% (Won a $75 million NASA JPL subcontract to deliver four drones to the Moon's south pole.)
- AMWD +6.9% (FTC closed its investigation of MasterBrand's proposed merger, with closing expected on or about May 28.)
- IREN +4.8% (Entered a $1.6 billion Dell purchase agreement for air-cooled Blackwell systems supporting its five-year $3.4 billion AI contract.)
- TSM +4.4% (Lifted by news that NVIDIA to spend $150 bln each year in Taiwan; staff will see a 30% increase in profit sharing, according to Bloomberg)
- RMBS +4.3% (Announces complete DDR5 9600 client memory module chipset for high-performance CUDIMM, CQDIMM and CSODIMM modules.)
- ENTG +4.0% (Entered a non-exclusive cross-licensing agreement to help advance EUV lithography for next-generation chip manufacturing.)
- FUL +4.0% (Issued statement saying board and management value shareholder feedback and have engaged with Ancora.)
- GCTS +3.9% (Announced strategic partnership with MaxLinear to develop integrated 5G fixed wireless access and converged gateways.)
- LULU +3.6% (Enters into cooperation agreement with Chip Wilson; Laura Gentile and Marc Maurer to Join Company's Board of Directors.)
- WS +3.5% (Received German antitrust clearance for the Klöckner acquisition, satisfying final closing condition; deal expected to close June 3.)
- SSYS +3.1% (Agrees to acquire Markforged from Nano Dimension in an all-cash transaction valued at $42.5 million.)
- STSS +2.7% (Rebranding as SkyAI and changing its Nasdaq ticker to SKYA effective May 28 while building an agentic finance platform.)
- STNG +2.6% (Satisfied conditions to earn a 49% working interest in Colombia's Tisquirama block from Ecopetrol.)
- NN +2.4% (Announces stock offering related to warrants)