Gapping up
In reaction to strong earnings/guidance:
- CYOU +3.1%, SOGO +1.3%, THO +0.5%
M&A news:
- WLTW +1.3% (Aon and Willis Towers Watson to combine in an all-stock transaction with an implied combined equity value of approximately $80 billion)
Select COVID-19 related names showing strength:
- INO +23.8%, CODX +7.8%, MRNA +3.8%, LAKE +0.5%, .
Other news:
- KALA +12.3% (announces statistically significant results for primary and key secondary endpoints in Stride 3 clinical trial evaluating Eysuvis for signs and symptoms of dry eye disease)
- TLT +8.8% (10 yr yield hits record low)
- TGNA +2.9% (WSJ report that private equity firm Apollo Global Mgmt has offered to acquire TGNA for $20/sh)
Analyst comments:
- N/A