Gapping up
In reaction to earnings/guidance:
- BMBL +21.1%, OTLY +13.6%, FIGS +12.5%, MDB +12.2%, EXPR +10.7%, ZIM +8.1%, THO +6.6%, DV +5%, AGTI +5%, RKLY +5%, ABM +4.4%, CIVI +3.5%, DSEY +3.2%, ASX +2.1%, GWRE +0.7%, CASY +0.7%, KFY +0.6%
Other news:
- XPO +12.4% (announced plans to create two standalone businesses through spin-off transaction)
- EXAI +10.5% (announced abstracts accepted for presentation at AACR Annual Meeting)
- NRXP +6.5% (CEO retires; appoints Robert Besthof as interim CEO)
- TDW +3.9% (acquires Swire Pacific Offshore; also reported earnings)
- F +3.2% (adds new charging hardware to its one-stop shop of commercial vehicles software services and financing)
- SNCR +2.8% (agreed to divest Digital Experience Platform and Activation Solutions)
- BA +2.4% (receives new order for additional 777 freighters from DHL Express)
- RKLB +2.4% (begins qualification of next-generation solar cell technology)
- BKD +2.3% (Reports February 2022 Occupancy)
- NY +1.7% (reports Efanesoctocog alfa met primary and key secondary endpoints)
- PYPL +1.6% (disclosed suspension of services in Russia)
- QSR +1.5% (Tims China announces additional financing and investor-friendly changes to merger agreement)
Analyst comments:
- ERIC +6.7% (upgraded to Neutral from Sell at UBS)
- MTCH +4.3% (upgraded to Outperform from Market Perform at BMO Capital Market)
- OLPX +3.8% (upgraded to Overweight from Equal Weight at Barclays)
- DLTR +2.9% (upgraded to Buy from Hold at Loop Capital)
- EMR +2.6% (upgraded to Outperform from Perform at Oppenheimer)
- JBHT +2.1% (upgraded to Buy from Neutral at Goldman)
- NFLX +2% (upgraded to Neutral from Underperform at Wedbush)
- ADP +1.8% (upgraded to Neutral from Underperform at BofA Securities)
- PPL +1.5% (upgraded to Outperform from Peer Perform at Wolfe Research)
- PAYX +1.1% (upgraded to Neutral from Underperform at BofA Securities)
