>>> US Gapping up


Gapping up
In reaction to earnings/guidance
:

  • SCHL +5.7% (also increases share repurchase program to $75 mln), ADBE +5.2%, WGO +2.2%, X +1.5%

News:

  • MAXR +121.4% (will be acquired by Advent Int'l for $6.4 bln, or $53/share in cash)
  • EXAS +16.6% (clinical data from rival GH seen as a positive for EXAS)
  • OCGN +10.3% (OCU400 receives orphan drug designations)
  • OB +7.1% (authorizes new $30 mln share repurchase program)
  • ASTS +2.6% (signs agreement with NASA that formalizes cooperation to protect assets in low Earth orbit)
  • AMEH +2.1% (authorizes new $50 mln share repurchase program)
  • INST +1.7% (acquires LearnPlatform)
  • RITM +1.4% (authorizes new $200 mln share repurchase program)
  • SCVL +1.2% (authorizes new $50 mln share repurchase program)
  • VMEO +1.1% (reports Nov total sales)

Analyst comments:

  • CMPS +2.9% (initiated with a Buy at EF Hutton)