Gapping up
In reaction to earnings/guidance:
- SPTN +14.7%, CSIQ +13.1%, VIPS +11.8%, A +8.2%, WMT +6.4%, BABA +3.6%, PRSP +2.8%, RPAY +1.9%, JCP +1.8%, NTAP +1.4%, STNE +1.3%
M&A news:
- PVTL +69.9% (Pivotal Software confirms discussions with VMware (VMW) for possible combination; in talks to acquire for $15.00 per share)
Other news:
- MNK +5.6% (announces positive top-line results from its pivotal Phase 3 CONFIRM clinical study evaluating the efficacy and safety of terlipressin in 300 adults with hepatorenal syndrome type 1)
- SGMS +1.2% (Einhorn's Greenlight discloses new position)
Analyst comments:
- LEVI +2.2% (upgraded to Buy from Neutral at BofA/Merrill)