Gapping up
In reaction to earnings/guidance:
- LEVI +4.5% (also authorized $200 mln share repurchase program) RGP +3.5% HELE +1.8% GM +1.3% (investor day update) CAG +1%
Other news:
- NURO +11.6% (submits Quell as De Novo request to FDA)
- APP +10.1% (agreed to acquire Twitter's [TWTR] MoPub business)
- LIQT +9.5% (received first oil and gas order through JV in the Middle East)
- RKLB +8.6% (selected to launch NASA's Advanced Composite Solar Sail System)
- MDP +6.3% (agreed to sell National Media Group to IAC's [IAC] Dotdash)
- MGI +4.8% (announced partnership with Stellar Development Foundation)
- IAC +4.3% (Dotdash unit agreed to purchase Meredith's [MDP] National Media Group)
- SLCA +3.8% (announced strategic review for Industrial & Specialty Products segment)
- GTLS +3.4% (awarded funding by the DoE for its Sustainable Energy Solutions Cryogenic Carbon Capture technology)
- DPW +3% (provides update on installation of S19j pro antminers)
- TWTR +2.6% (agreed to sell MoPub business to AppLovin [APP])
- KULR +2.5% (provided update on safe battery transportation partnership with Heritage Battery recycling)
- CYTK +2.3% (outlines go-to-market strategy for omecamtiv mecarbil and provides updates on cardiovascular pipeline at today's analyst & investor day)
- SPNE +2.1% (completes first cases for the 7D Percutaneous Spine Module in the US and Australia)
- WATT +2% (announced availability of 1W Active Energy Harvesting Developer Kit)
- CMTL +1.5% (issues response to letter from Outerbridge Capital Management)
- BHC +1.1% (provides one-year update for LuxSmart Intraocular Lenses)
- EA +1% (Record-breaking FIFA 22 Launch)
Analyst comments:
- LOOP +8.1% (upgraded to Buy from Neutral at H.C. Wainwright)
- DBRG +4.4% (upgraded to Strong Buy from Outperform at Raymond James)
- ALKS +4.2% (upgraded to Buy from Hold at Jefferies)
- GOGO +4.1% (upgraded to Neutral from Underweight at JP Morgan)
- FIVE +4% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- CAJ +2.3% (upgraded to Overweight from Neutral at JP Morgan)
- FARO +2.3% (upgraded to Buy from Hold at Needham)
- FIBK +1.4% (upgraded to Overweight from Equal Weight at Wells Fargo)
- ESS +1.3% (upgraded to Overweight from Neutral at JP Morgan)