>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • MTN +3.7%, NAPA +2.7%, JEF +1.6%

Other news:

  • AXSM +4.3% (discloses plans to resubmit AXS-07 NDA based on successful FDA type a meeting)
  • IVVD +4.1% (files for $400 mln mixed securities shelf offering)
  • DCFC +3.1% (to supply fast chargers for Australia's longest EV highway)
  • MNTS +2% (launches 3-yr $50 mln at-the-market equity program)
  • MOR +2% (announces data from the ongoing L-MIND study)
  • ATRA +1.6% (to receive additional milestone payment)
  • CCCC +1.2% (received a Study May Proceed Letter from the FDA to begin a Phase 1/2 trial for CFT1946 a treatment of BRAF-V600 mutant solid tumors)
  • SVC +1.1% (to sell 16 hotels for $137.3 mln)
  • ATCO +0.9% (confirms receipt of revised proposal from Poseidon to acquire ATCO for $15.50/sh) 

Analyst comments:

  • FSLR +2.1% (upgraded to Outperform from In-line at Evercore ISI)