>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • GCI +3.3%

Select oil/gas related names showing strength:

  • RDS.A +3%, BP +2.5%, HAL +2.5%, SLB +2.3%, TTE +2%, XOM +1.7%, XLE +1.6%, USO +1.6%, OIH +1.4%, . 

Other news:

  • LICY +6.6% (positive Barrons article)
  • ALT +5.5% (positive Barrons article)
  • GGPI +3.7% (Polestar signs agreement to be publicly listed through combination with Gores Guggenheim)
  • EVLO +3.4% (reports Phase 2 clinical data with EDP1815 in psoriasis)
  • XLRN +3.2% (is in advanced talks to be acquired by a large company, according to Bloomberg)
  • NRXP +2.8% (announces improved survival at one year in highly comorbid COVID-19 patients treated with ZYESAMI)
  • SMG +2.7% (positive Barrons article)
  • SNDX +2% (Syndax Pharmaceuticals and Incyte (INCY) to collaborate to develop Axatilimab; Syndax to receive $ 152 million in cash)
  • CIFR +1.8% (files for 42,035,500 share common stock offering by selling shareholders)
  • BCRX +1.1% (positive Barrons article)

Analyst comments:

  • DSP +4.9% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities)
  • BOX +1.9% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities)
  • NATI +1.7% (upgraded to Buy from Neutral at Goldman)
  • BBWI +1.2% (upgraded to Overweight from Neutral at Atlantic Equities)
  • CPT +0.9% (upgraded to Buy from Neutral at BofA Securities)