Gapping up
In reaction to earnings/guidance:
- OEC +15% (raises Q4 adjusted EBITDA guidance), WDFC +13.8%, NEWR +7.4%, HOME +6.7%, SQNS +5.2%, FFIV +4.4% (also to acquire privately held Volterra; reiterates commitment to return $1 bln to shareholders over next two years), MU +3.5%, UMC +3.3%, STM +2.9%, TSM +2.5%, IMOS +2.4%, NOG +1.8%, AIRG +1.8%, BDSX +1.8%, ACCD +1.2%, INSP +1%
Other news:
- MRUS +25.3% (receives FDA Fast Track designation for Zenocutuzumab)
- CMRX +16.5% (acquires Oncoceutics to expand pipeline with late-stage oncology program)
- SOL +13.8% (to sell a portfolio of projects located in Hungary to Obton, an international solar investment company headquartered in Aarhus, Denmark)
- ACEV +12.4% (to combine with Achronix Semi)
- CATM +12.2% (receives higher takeover bid at $39/sh)
- MICT +10% (moves core operations to Hong Kong; announces departure of CFO)
- SCOR +7.4% (announces strategic investment by Charter, Qurate Retail and Cerberus)
- DRTT +6.5% (enters into C$35 mln financing of convertible debentures)
- BNTX +6.4% (BioNTech and Pfizer (PFE) study shows its vaccine elicits antibodies that neutralize SARS-CoV-2 with a mutation associated with rapid transmission)
- NBTX +5.4% (provides update for Key Development Milestones for 2021)
- JFIN +4.7% (announces that Mr. Chunlin Fan tendered his resignation from the position as the Company's Chief Financial Officer due to personal reasons, effective from January 8, 2021)
- TSLA +4.1% (introduces less expensive lower range Model Y, according to Verge)
- MESA +4.1% (reported operating performance for December 2020)
- PME +3.2% (entered into a Securities Purchase Agreement for registered direct offering of 4 mln Series A Convertible Preferred Shares)
- HOLI +3.1% (has determined that the unsolicited offer to acquire all outstanding ordinary shares of the company for $15.47 in cash per share substantially undervalues the company)
- ONCT +2.5% (collaboration with Karolinska Institutet)
- MRNA +1.6% (UK confirms Moderna vaccine becomes third COVID-19 vaccine approved by regulator)
- MXL +1.5% (WAV664 Wi-Fi SoC selected for Wi-Fi Alliance Wi-Fi 6E certification test bed)
- PBR +1.5% ( discloses that it has registered records in its 2020 annual oil production and total annual production (oil and gas) of, respectively, 2.28 million barrels per day of oil and 2.84 million barrels of oil equivalent per day)
- IIPR +1.5% (properties expands real estate partnership with holistic industries in California)
- RGNX +1.5% (announced the pricing of an underwritten public offering of 4,260,000 shares of its common stock at the price of $47.00/share)
Analyst comments:
- GT +4.1% (upgraded to Overweight from Sector Weight at KeyBanc Capital Markets)
- PING +3.9% (upgraded to Buy from Neutral at Goldman)
- CB +3.5% (added to Conviction Buy List at Goldman)
- EURN +2.9% (upgraded to Buy from Neutral at BTIG Research )
- X +2.8% (upgraded to Buy from Sell at Deutsche Bank)
- HUN +2.4% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- CVX +2.1% (upgraded to Overweight from Neutral at Piper Sandler)
- PTON +1.8% (initiated with a Buy at Gordon Haskett)
- NSA +1.6% (upgraded to Outperform from Market Perform at BMO Capital Markets)
- DHI +1.5% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- CVS +1.4% (upgraded to Buy from Hold at Jefferies)
- NVST +1.4% (upgraded to Outperform from Neutral at Credit Suisse)
- AFL +1.2% (upgraded to In-line from Underperform at Evercore ISI)