Gapping up
In reaction to disappointing earnings/guidance:
In reaction to disappointing earnings/guidance:
- AMRS +23.7%, KODK +14.1%, KEYW +9.7%, BKE +8.8%, EXXI +8.1%, BTX +7.1%, VHI+7%, AUPH +6.5%, AGRO +6.4%, REI +5.6%, QHC +5%, OPGN +4.8%, CBAY +4.7%,PFSW +4.3%, ADBE +3.8%, AQMS +3.8%, JBL +3.2%, OVAS +3.1%, XONE +1%, (ticking lower; also filed for mixed shelf offering), HIBB +0.9%, PF +0.8%, KIRK+0.7%
M&A news:
- QCOM +2.7% (higher on reports of potential buyout)
Select semiconductor stocks trading higher:
- CY +2.4%, MU +2.3%, INTC +0.6%, CRUS +0.6%, SOXX +0.5%
Other news:
- CERS +5% (Chief Scientific Officer disclosed purchase of 150K shares worth ~$773K)
- ETP +2.3% (expects no material impact from FERC policy revisions)
- CVEO +2.2% (amends share purchase agreement with Noralta Lodge)
- KR +1.1% (Kroger approves incremental $1 bln share repurchase program (approximately $76 mln remaining under current plan); declares unchanged qtrly dividend of $0.125/share -expects to increase dividend over time)
- FEYE +0.9% (following CEO appearance on MadMoney)
Analyst comments:
- ZAGG +4.8% (initiated with Buy rating at DA Davidson)
- WDC +2% (upgraded to Outperform from Neutral at Robert W. Baird)
- WEN +1.5% (initiated with a Buy at Mizuho)
- WCG +1% (upgraded to Buy from Neutral at BofA/Merrill)
- TS +0.9% (upgraded to Neutral from Sell at UBS)
- CBS +0.7% (initiated with a Buy at Loop Capital)