Gapping up
In reaction to earnings/guidance:
- OXM +9.1%, RH +8%, SIG +7.6%, GEF +2.1%, CANO +1.4%, PNR +1.2%
Other news:
- VRNA +16.4% (Verona Pharma and Nuance Pharma announce $219 mln strategic collaboration to develop and commercialize Ensifentrine in greater China)
- BTBT +3.9% (announces strategic collaboration with digihost to increase combined hashrates by 400 PH/S)
- ACRS +3.7% (prices offering of 7,042,254 shares of its common stock at $17.75 per share)
- ARAY +3.7% (expands commercialization of ClearRT helical fan-beam kVCT imaging for the Radixact system with CE mark certification)
- TLYS +3.4% (delares $1.00/sh special dividend)
- LTRX +3.1% (expanded relationship with Insight Enterprises (NSIT), now offering full range of products)
- NOA +2.5% (to acquire DGI Trading Pty)
- CASI +1.8% (prices offering of $150.0 million of convertible senior notes due 2026)
- COIN +1.8% (partnering with ForUsAll, a 401(k) provider to offer cryptocurrency, according to WSJ)
- OBSV +1.7% (reports PROLONG Phase 2a Proof-of-Concept Data on Ebopiprant)
- HYFM +1.6% (stock offering)
- LESL +1.5% (prices offering of 24.5 mln shares of common stock at $27.64 per share)
- AB +1.4% (reports May AUM)
- APR +1.3% (prices secondary offering of 4.5 mln shares of common stock at $27.00 per share)
- EARN +1.1% (raises quarterly dividend by 7% to $0.30 per share)
- DM +1% (receives CE Mark Certification and international launch for Flexcera Next Generation 3D printed dentures)
Analyst comments:
- CYH +4.8% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- IOVA +4.5% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities)
- PUBM +3.2% (upgraded to Outperform from In-line at Evercore ISI)
- NOW +2.9% ( upgraded to Conviction Buy from Buy at Goldman)
- BSMX +2.4% (upgraded to Buy from Hold at HSBC Securities)
- PNTG +2.3% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- CPG +1.8% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- FFIV +1.7% (upgraded to Outperform from Neutral at Credit Suisse)
- UPS +1.6% (upgraded to Overweight from Neutral at JP Morgan)
- DNB +1.5% (upgraded to Outperform from Mkt Perform at Raymond James)
- MRO +1.3% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)