Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- GPS +6.8%, CMTL +1.2%
Select metals/mining stocks trading higher:
- MT +4.1%, AG +1.6%, PAAS +1.6%, SLW +0.9%
Other news:
- UVE +12.6% (Rebounding on optimism that Hurricane Matthew won't hit Florida as hard as initially expected)
- CPRX +5.8% (continued volatility in pre-mkt)
- CIT +5.4% (Reached agreement to sell CIT Commercial Air to Avolon Holdings Limited for $10 bln; additionally discloses receiving non-objection to amended capital plan), INCY +3.9% (presents new Phase 1 data from ECHO-202; reinforces durability of response in patients in combination with Keytruda)
- DVAX +3.5% (Point72 Asset Management disclosed 5.9% passive stake)
- COUP +2.9% (continued strength following IPO)
- EXEL +2.3% (presents Phase 1 Trial Results for Cabozantinib; finds encouraging tolerability results )
- AHP +1.0% (Raging Capital disclosed 7.9% active stake, has met with management regarding its business operations and ways to enhance shareholder value
Analyst comments:
- RUN +5.7% (Upgraded to Buy from Neutral at Goldman)
- VSLR +4.7% (Upgraded to Neutral from Sell at Goldman)
- TRIL +4% (initiated with a Buy at BTIG Research)
- RH +3.7% (upgraded to Neutral from Underperform at Buckingham Research)
- GWPH +2.8% (initiated with a Buy at Goldman)
- ZYNE +1.4% (initiated with a Buy at H.C. Wainwright)
- KLAC +1% (upgraded to Buy from Hold at Needham)