Gapping up
In reaction to earnings/guidance:
- GLW +7.6%, LRN +7%, RES +5%, TXN +4.2%, MSFT +3.7%, MRTN +3.5%, HES +3%, FCF +2.9%, CADE +2.2%, NDAQ +1.8%, T +1.6%, NYCB +1.6%, PB +1.3%, ROL +1.1%
Other news:
- JKS +14.6% (JinkoSolar's Subsidiary Jinko Solar Co completes its IPO process and starts trading on the SSE)
- NRXP +6.6% (received a first safety report from a Southwestern hospital where physicians have administered ZYESAMI to patients with COVID-19 respiratory failure)
- MAT +5.6% (Mattel confirms license agreement with Disney (DIS) for Disney Princess and Disney Frozen franchises)
- ET +5.4% (increases dividend)
- LICY +4.9% (announces that it has formed a joint venture with ECO STOR AS and Morrow Batteries AS)
- ARQQ +4.6% (selected by Department for Digital Culture Media and Sport for 5G project)
- DASH +3.8% (names Netflix exec to its board)
- F +3.4% (CEO to meet with President Biden to discuss Build Back Better according to CBS News)
- HOOD +2.9% (announces steps it is taking to avoid trading restrictions)
- BYND +2.8% (Piper Sandler commentary about favorable McDonald's (MCD) sales read-through)
- GM +2.4% (CEO to meet with President Biden to discuss Build Back Better according to CBS News)
- DNAA +2.4% (announces agreement to combine with Akili Interactive; expected to close mid-2022)
- PROG +1.9% (announces new patent)
- GGPI +1.7% (Polestar receives over 4000 reservations in South Korea for Polestar 2 in one week)
- BIDU +1.5% (Baidu's JIDU arm raises $400 mln; Mass-produced models to be launched in 2023)
Analyst comments:
- DKNG +6.6% (upgraded to Overweight from Equal-Weight at Morgan Stanley)
- MRNA +3.6% (upgraded to Hold from Sell at Deutsche Bank)
- LITE +3.5% (upgraded to Overweight from Neutral at JP Morgan)
- SLB +2% (upgraded to Outperform from Neutral at Exane BNP Paribas)