Gapping up
In reaction to strong earnings/guidance: ENVI +7.6%, ASNA +5.4%, SCVL +3.7%, LTXC +1.4%, (light volume).
A few metals/mining stocks slightly higher: VALE +2.1%, PAAS +1.4%, ABX +1%, GLD +0.4%.
Other news: OMED +82.1% (OncoMed Pharma and Celgene announce strategic collaboration advancing multiple anti-cancer stem cell therapeutics to offer potential benefits to cancer patients), CNAT +23.9% (Receives U.S. Orphan Drug Designation for Emricasan, UNIS +16.9% (announces clinical supply agreement with Novartis for delivery of a novel drug), ETRM +14.6% (announces 18 month ReCharge study results; VBLOC Therapy Continues to Demonstrate Durable and Safe Weight Loss), FRO +7.8% (still checking), MTL +6.6% (announces reaching agreement to extend the grace period and maturity of its $1 billion syndicated facility), RESI +5.3% (declared a quarterly cash dividend of $0.25 per share of common stock, up from prior $0.10/share), QEP +4.3% (announces decision to pursue a separation of its midstream business), TSLA +3.9% (announces German Federal Motor Transport Authority found no manufacturer related defects), VLRS +3.4% (following positive MadMoney mention), GOGO +3.2% (continued strength), ANF +2.9% (Engaged Capital Sends Letter; calls upon board of directors to immediately initiate a CEO Search), SNN +2.2% (following intraday Morgan Stanley upgrade yesterday), IVR +2.1% (announces 20 mln share increase in share repurchase program and provides update on residential and commercial loan investments), AAPL +1% ( iPads and Surface tablets were the most wanted tablets over the weekend, according to reports; also Apple has acquired social media co Topsy; upgraded to Buy from Neutral at UBS), NVO +1% ( disclosed highlights from Novo Nordisk's Capital Markets Day 2013), VOLC +0.7% (announces $200 million share repurchase authorization), EBAY +0.5% (Cyber Monday sales- Ebay rise 32.1% YoY, according to Channel Advisor ), POT +0.4% (announces operating and workforce changes), NCR +0.3% ( announces agreement to purchase Digital Insight Corporation for $1.65 bln; completes acquisition of Alaric Systems).
Analyst comments: FTNT +2% ( upgraded to Buy from Neutral at BofA/Merrill), DDD +1.8% (initiated with a Outperform at FBR Capital), AKS +1.6% (upgraded to Neutral from Underperform at BofA/Merrill ), STO +1.3% (upgraded to Outperform from Mkt Perform at Bernstein), ABBV +1.3% (added to Conviction Buy list at Goldman), MU +1.1% ( initiated with a Buy at Needham), HFC +1% (upgraded to Buy from Neutral at BofA/Merrill), SSYS +0.6% (initiated with a Outperform at FBR Capital)