Gapping up
In reaction to earnings/guidance:
- IRTC +20%, FNKO +18.1% (also investor consortium, including EBAY, will make a $263 mln investment in Funko), OPEN +12.6%, HYZN +10.3%, CCXI +10.2%, ATEC +9.2%, TPIC +8.3%, AVLR +7.9%, PGNY +7.8%, G +7.8%, PLYA +7.7%, PBH +7.2%, PBYI +7.1%, NTRA +7%, FLT +6.9%, DKNG +6.6%, DASH +6.1%, GDYN +6.1%, FYBR +5.2%, SQ +5.1%, BBDC +5%, ZIMV +5%, SR +5%, WWE +4.7%, STEM +4.6%, MELI +4.6%, VIR +4.6%, ATSG +4.3%, AMH +4.3%, OLED +4.2%, ENB +3.7%, OEC +3.3% (also to build only acetylene-based conductive additives plant in US), TXRH +3.3%, INGN +3.1%, PBA +3%, UMC +3%, NKTR +2.9%, AL +2.9%, FRG +2.9%, PBR +2.9%, AES +2.7%, NOG +2.6%, PRCT +2.5%, GTN +2.5%, YELP +2.4%, SG +2.3%, CNK +2.1%, LYV +2%, DNLI +1.8%, MDRX +1.7%, MRVI +1.6%, TWOU +1.5%, RDFN +1.5%, UNM +1.5%, EOG +1.2%, SYNA +1.2%, XNCR +1.1%, MP +1.1%, ACMR +1.1%, NRG +1.1%
Other news:
- BBIG +28.8% (sets date for planned business separation of Cryptyde)
- MYOV +8.3% (Myovant Sciences and Pfizer (PFE) provide update on supplemental New Drug Application for MYFEMBREE for the management of moderate to severe pain associated with endometriosis)
- LFG +6.5% (RSG and LFG launch joint venture to develop 39 RNG projects)
- DAR +4.9% (to acquire Brazil's FASA group for approx. R$2.8 bln)
- AES +2.7% (AES enters into renewable energy Power Purchase Agreements with AMZN)
Analyst comments:
- BOOT +3.2% (upgraded to Overweight from Neutral at Piper Sandler)
- EPAM +1.2% (upgraded to Buy from Neutral at BofA Securities)