>>> US Gapping up

Gapping Up

In reaction to strong earnings/guidance:

  • BOX +4.5%, BTI +4.3%, DOYU +4.1%, VEEV +3.5%, KEYS +2.7%, VMW +2.4%, HPQ +1.5%, FRO +0.6%, DAKT +0.4%

M&A news:

  • AVX +35.4% Kyocera offers $19.50/cash

Select cannabis stocks higher after industry pushed for reduced regulation in California

  • ACB +3.3%, VFF +3.1%, IIPR +2.5%, CGC +1.8%, APHA +1.1%, TLRY +1%, OGI +0.8%

Other news:

  • MOV +2% (light volume; after closing lower by 20%)
  • INCY +1.3% FDA accepts pemigatinib NDA
  • TSLA +0.7% Musk tweets 250K Cybertruck orders

Analyst comments:

  • UAA +3.5% upgraded at RayJay
  • BMRN +1.5% upgraded at Barclays
  • DKS +1.3% upgraded at Barclays and Evercore ISI