>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:
  • LULU +15.5%, (also unveils plan to restructure its ivivva operations), GOOS +12.2%, AVGO +5.2%, ONCS +1.8%, FIVE +0.7%, COO +0.6%
Select semiconductor names showing strength after AVGO earnings:
  • MRVL +1.1%, QRVO +0.8%, KLAC +0.8%, MU +0.7%,
Other news:
  • CGG +23.4% (reaches agreement with main creditors and DNCA on financial restructuring plan)
  • DBVT +2.5% (continued strength)
  • LL +2.3% (following CNBC's Fast Money mention)
  • PK +1.3% (prices secondary offering by selling shareholders of 15 mln shares of common stock at $26.15 per share)
  • VEEV +1.1% (CEO featured on Thursday's Mad Money)
Analyst comments:
  • SGYP +6.3% (initiated with a Overweight at Cantor Fitzgerald; tgt $11)
  • W +2.3% (upgraded to Outperform from Perform at Oppenheimer)
  • DE +1.3% (upgraded to Neutral from Underweight at JP Morgan)
  • YUMC +1% (initiated with a Overweight at JP Morgan)