>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance/comps
:

  • VERI +17.5%, BBBY +13.6%, ZUMZ +10.5% (Zumiez reports Dec comps +4.9% vs +2.3% last month and +7.9% year ago; raises Q4 guidance), KBH +4.9%, TSM +0.4%, .

Other news:

  • SGMO +3.7% (after seeing late sell-off during conference presentation)
  • CGC +3.2% (continued strength)
  • PVG +1.9% (reports Q4 production of 96,342 ounces of gold - achieving 95% of guidance of 200,000 ounces for the second half of 2018)
  • TLRY +1.6% (modestly rebounding)
  • UAL +0.8% (reports December operational performance; Consolidated RPMs up 6.9% year/year )

Analyst comments:

  • STZ +2.9% (upgraded to Neutral from Sell at Guggenheim)
  • BA +1.1% (upgraded to Overweight at Morgan Stanley)
  • QRVO +1% (upgraded to Buy at Craig Hallum)