>>> US Gapping up

In reaction to strong earnings/guidance:

  • PII +10%, LOGI +6.2%, GPK +5.4%, AUDC +5.2%, FBP +4.9%, CETV +4%, DGX +4%, PNR +3.7%, SAN +3.6%, IRDM +3.5%, ATI +3.1%, EDU +3%, HAS +2.9%, FBC +2.5%, KO +2.5%, SHW +2.5%, LMT +2.5%, SWK +2.4%, PHM +2.4%, UTX +2.3%, JBLU +2.3%, UBS +2.1%, HXL +2%, KMB +2%, CR +1.3%, ASR +1.2%, ACC +1%, BRO +1%, MTG +0.8%, LPL +0.7%, BIIB +0.5%

M&A news:

  • INTC +1.2% (WSJ reporting that Apple (AAPL) may buy Intel's smartphone-modem chip unit)

Other news:

  • RLGY +39% (Realogy & Amazon (AMZN) partner to launch TurnKey)
  • CHMA +28.1% (announced 'positive' top-line data from its Phase 3 CHIASMA OPTIMAL clinical trial evaluating Mycapssa for the maintenance treatment of adults with acromegaly)
  • MYOV +26.9% (to host call at 8:30 a.m. ET tomorrow to discuss results from second Phase 3 study evaluating once-daily relugolix combination therapy in women with uterine fibroids and from bioequivalence study)
  • AVCO +10.2% (established strategic partnership with GE Healthcare)
  • MRNS +4.8% (reports data from Magnolia and Amaryllis Phase 2 studies in women with postpartum depression)
  • MAXR +2.3% (chosen by NASA to integrate pollution monitoring payload on an upcoming commercial satellite)

Analyst comments:

  • INFN +6.5% (upgraded to Buy at B. Riley FBR)
  • KPTI +6.2% (upgraded to Overweight from Neutral at JP Morgan)
  • SNAP +3.2% (upgraded to Buy from Hold at Stifel; initiated with Buy at Rosenblatt)
  • VFF +3% (initiated with Buy at Craig Hallum)
  • COLM +2% (upgraded to Buy from Neutral at BofA/Merrill)
  • MUR +1.4% (upgraded to Buy from Neutral at Goldman)