>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • KMX +4.2%, BB +2.6%

M&A news:

  • WSC +13.6% (to acquire Modular Space Holdings)

Select financial related names showing strength:

  • CS +2.5%, DB +1.8%, HSBC +1.6%, JPM +0.5%, C +0.4%

Other news:

  • TNDM +20.6% (announces FDA approval of t:slim X2 Insulin Pump with Basal-IQ technology)
  • SENS +4.8% (FDA has approved its PMA application to market its Eversense Continuous Glucose Monitoring System to people with diabetes in the United States)
  • TCS +3.4% (files for 32,492,421 share common stock offering by selling shareholders)
  • PAGS +2.3% (prices follow-on public offering by it and its selling shareholder of 33 mln Class A common shares at a public offering price of $29.25)
  • AVRO +1.6% (after the IPO closed more than 60% higher on its first day of trade)
  • CMC +1.5% (rebounding after yesterday's earnings related weakness)

Analyst comments:

  • AYX +3.5% (initiated with Outperform at Oppenheimer)
  • VSLR +3% (upgraded to Buy from Neutral at Guggenheim)
  • URI +1.5% (upgraded to Buy from Neutral at UBS)
  • MOH +1.4% (upgraded to Buy from Hold at Jefferies)
  • DG +1.3% (upgraded to Strong Buy from Outperform at Raymond James)
  • MU +1% (initiated with a Buy at The Benchmark Company; tgt $80)