Gapping up
In reaction to strong earnings/guidance:
- FL +14.8% (also raised comp guidance on call), QD +11.4%, ADSK +9% (also announced acquisition of PlanGrid for $875 mln), BZUN +8.5%, BJ +8.4%, CPRT +4.7%, KEYS +4.2% (issued upside guidance for Q1), SE +2.8%, LTM +2.5%, ESL +1%
Select FAANG names showing strength:
- NFLX +2.5%, AMZN +2.2%, FB +1.4%, AAPL +1.1%, GOOG +1%
Other news:
- HIFR +8% (announced end of go-shop period; received preliminary proposal that is likely to qualify as a "superior proposal")
- MITK +5.2% (issues response to Elliott Management & ASG Technologies )
- NVDA +4.6% (reaches deal to provide AI platform to several Chinese EV start-ups)
- VNET +4.4% (reported unaudited Q3 results; net revenues increased 14.6% year/year) .
Analyst comments:
- TNDM +7.4% (upgraded to Outperform from Neutral at Robert W. Baird)
- SCCO +0.9% (upgraded to Neutral from Underperform at Bradesco BBI)
- BBY +0.7% (upgraded to Neutral from Underperform at Wedbush)
