Gapping up
In reaction to strong earnings/guidance:
- PINS +18%, EGAN +17.1%, SYNA +14.9%, SKX +12.1%, VIVO +10.3%, TWOU +8%, BILL +7.5%, CCS +6.8%, UBER +6.5%, NLOK +6.1%, SOHU +5.8%, DXC +5.1%, NOV +4.8%, SIMO +4.2%, CCJ +4%, MSI +3.7%, VSAT +3.4%, MSG +3.3%, VRTU +3.2%, ASX +3.2%, CSL +2.5%, ABBV +2.5%, LGND +2.4%, OFC +2.4%, ROAD +1.8%, ATVI +1.7%, LGF.A +1.1%, TMUS +1%
Other news:
- OCN +29.6% (lifting on Q4 update and share repurchase program)
- COLL +11.3% (to acquire US rights to Nucynta from ASRT for $375 mln; reiterates FY20 guidance)
- ICE +3.9% (will no longer explore opportunities with eBay)
- ADRO +3% (earns milestone payment from MRK)
- VIAC +2.4% (Bloomberg report says several cos have asked about buying CNET)
- FG +1.6% (FGL Holdings to be acquired by Fidelity National Financial (FNF) for $12.50 per share)
- LGF.A +1.1% (signs output deal with Starz for split theatrical streaming window in the UK)
Analyst comments:
- DPZ +1.9% (upgraded to Buy from Neutral at Goldman)
- ABC +1.1% (upgraded to Outperform from Neutral at Robert W. Baird)
- CSX +0.6% (upgraded to Buy from Hold at Deutsche Bank)
