Gapping up
In reaction to earnings/guidance:
- BGFV +22.3% (also increases dividend by 20%, declares $1/sh special dividend), FDP +12.5%, HAYW +10.9%, RCKY +10.6%, TUP +9.3%, BDC +9.2%, KAR +8.1% (also acquires Auction Frontier), BXC +7.8%, AYX +7.8%, INFN +6.4%, OMI +6.3%, CZR +5.9% (says weekends in Las Vegas are sold out for the foreseeable future), LYFT +5.8%, MTCH +5.6%, ATVI +5.5%, CYRX +5%, HLF +4.7% (also names new COO), SPT +4.7%, ODP +4.7%, AQST +4.4%, INGN +4.3%, MED +4.1%, MGPI +4.1%, JAZZ +3.8%, ARWR +3.7%, NYT +3.7%, PVG +3.6%, GM +3.5%, SBGI +3.5%, DVN +3.4%, AMRC +3.4%, ANET +3.3%, PKI +3.3%, STLA +3.2%, DNOW +3.2%, ACLS +2.9%, SSYS +2.9%, AKAM +2.8%, WTI +2.7%, CLH +2.7%, RNG +2.6%, GSKY +2.6%, BTG +2.6%, SMCI +2.5%, TMUS +2.4%, EXAS +2.3%, SITM +2.3%, CRTO +2.3%, HASI +2.2%, TTEC +2.2%, INMD +2.2%, LPSN +2.1%, ALGT +2%, BWA +2%, LSCC +1.9%, STAG +1.8%, NVO +1.8%, CIM +1.8%, ZG +1.7%, MSGS +1.6%, PAYC +1.3%, SMG +1.3%, PRU +1.2% (also increases buyback authorization), EDIT +1.2%, PXD +1.1%, HZNP +1.1%
Other news:
- ATNX +34.2% (acquires Kuur Therapeutics for $185 mln)
- IBIO +29.5% (concludes litigation with Faunhofer USA; enters into license agreement)
- NVVE +8.7% (announces vehicle-to-grid EV charging hubs and transportation as a service offering)
- TLSA +4.3% (forms Strategic Initiative with Takanawa Japan)
- EZPW +3.8% (names new CFO)
- CLNE +3.8% ( announced new renewable natural gas contracts as fleets across North America increasingly continue to adopt the clean, low-carbon fuel to power heavy- and medium-duty trucks)
- CLII +3.4% (Climate Change Crisis Real Impact I Acquisition Corporation: EVgo announces 250,000 customer milestone)
- MGI +2.2% (has satisfied financial obligations under DPA)
- MNR +1.5% (to be acquired by Equity Commonwealth (EQC) for $19.58 per share)
- LIN +1.3% (announced it has signed a record 36 new small on-site contracts during 2020, a 20% increase compared with the prior year despite a more challenging economic environment)
- PHG +1.3% (Connect America.com has signed a definitive agreement to acquire the Aging and Caregiving business from Royal Philips)
- AMAT +1.1% (announces materials engineering solutions that give its memory customers three new ways to further scale DRAM and accelerate improvements in chip performance, power, area, cost and time to market)
- WRAP +1% (announces one-yr extension of BolaWrap pilot program with LAPD)
Analyst comments:
- CYH +6% (upgraded to Buy from Hold at Jefferies)
- UAA +4.1% (upgraded to Buy from Neutral at UBS; upgraded to Overweight from Equal Weight at Barclays)
- OII +3.3% (upgraded to Buy from Neutral at BofA Securities)
- WOW +3.2% (upgraded to Buy from Hold at Truist)
- COP +2.4% (upgraded to Buy from Neutral at BofA Securities)
- MTOR +2.4% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- MPB +1.8% (upgraded to Overweight from Neutral at Piper Sandler)
- XPO +1.8% (upgraded to Buy from Hold at Vertical Research)
- XOM +1.2% (upgraded to Buy from Hold at DZ Bank)
- SEE +1.2% (upgraded to Overweight from Neutral at JP Morgan)