Gapping up
In reaction to strong earnings/guidance: NEOS +12.9%, MIK +6.9%, FDX +5.6%, IGT +2.9%, SYNC +2.7%, MLHR +2.5%, (light volume), EURN +1.6%, MNK +1.4%, SLW +1.1%, .
M&A news: RSTI +35.3% (Rofin-Sinar Technologies to be acquired by Coherent (COHR) for $32.50/share), COHR +1%
Select metals/mining stocks trading higher: MTL +6.7%, VALE +5%, BBL +4.7%, BHP +3.5%, RIO +3.3%, AU +2.2%, GOLD +1.8%, GDX +1.4%, FCX +1.3%
Select oil/gas related names showing strength: LNCO +21.7%, PBR +8.2%, LINE +4.6%, CHK +3.6%, WLL +2.1%, STO +1.8%, SDRL +1.6%, TOT +1.5%, BP +1.3%, RDS.A +1.2%
Other news: VTAE +93.4% (announces positive top-line results from its Phase 2a proof-of-concept clinical trial of VTP-43742 in psoriatic patients), LITB +9.8% (announces that Zall Cross-border E-commerce has agreed to acquire a 30% equity interest at $3.60 per ADS), AQXP +6.5% (Baker Bros adds ~1 mln shares to active position, now hold 45% ), IMNP +6.4% (will present new data with Ceplene at AACR conference), IMMU +5.4% (will present 2 abstracts in a Clinical Trials Minisymposium session), OSIR +5.1% ( announces that the Blue Cross Blue Shield Association has provided a positive review on Grafix usage for individuals with diabetic lower-extremity ulcers), SHPG +2.3% (still checking), VSTM +2.2% ( to present data supporting FAK/PYK2 Inhibition at AACR Annual Meeting), UPS +1.7% (following FDX earnings)
Analyst comments: N/A