Gapping up
In reaction to strong earnings/guidance:
- DAC +11.7%, GIS +2%
Other news:
- CARA +33.8% (announces 'positive' top-line data from the adaptive Phase 2/3 trial of I.V. CR845 in patients undergoing abdominal surgeries)
- WWE +10.1% (World Wrestling secures multi-year media rights deals with USA Network and Fox Sports; provides 2019 outlook - will host a conference call)
- AKAO +2.4% (rebounding after -20% yesterday following FDA approval of ZEMDRI)
- HEAR +1.3% (higher after announcing another 'significant' partnership as the official audio partner for Australian esports organization Tainted Minds)
Analyst comments:
- MRVL +3.1% (upgraded to Buy at Duetsche Bank)
- OKTA +2.1% (upgraded to Buy at Needham)
- CSII +1.1% (upgraded to Buy from Underperform at BAML)
- GE +1% (upgraded to Peer Perform at Oppenheimer)
