Gapping up
In reaction to strong earnings/guidance: HOME +8%
M&A news:
In reaction to strong earnings/guidance: HOME +8%
M&A news:
- VTAE +157.8% (to be acquired by Allergan (AGN) for $21.00/share in cash, or approximately $639 mln)
- COMM +3.7% (sells fiber access products, technologies, and service relationships to Adtran (ADTN))
- GLUU +3.5% (acquires Poke Radar for $500k in cash)
Select metals/mining stocks trading higher:
- GFI +2.9%, HMY +2.8%, BBL +2.4%, GOLD +2.1%, BHP +2%, VALE +2%, AU +1.9%, MT +1.4%, AUY +1.4%, X+1.3%, GDX +1.1%, ABX +0.9%
Other news:
- SRPT +13.3% (higher in extended trade on chatter that Dr. Ronald Farkas is no longer with the FDA)
- AST +10.3% (presents positive interim efficacy data from the 10 mln cell cohort in the Company's ongoing AST-OPC1 SCiSTAR Phase 1/2a multicenter clinical study)
- PTX +6.7% (announces the USPTO has issued patents related to dosing patients with Zohydro ER with BeadTek)
- PLUG +6.6% (announces that Mitsubishi Nichiyu Forklift is displaying one of the company's GenDrive fuel cell systems in its industrial trucks at Logis Tech Tokyo)
- HTBX +6.4% (resumes enrollment in its Phase 1b trial evaluating HS-110 in combination with nivolumab)
- ARRY +5.7% (announces Phase 3 Beacon CRC SPA agreement with FDA)
- EXEL +4.4% (receives EU approval for CABOMETYX tablets; triggers $60 million milestone payment)
- AVGR +4.2% (light volume - receives FSS Contract Award from the U.S. Department of Veterans Affairs)
- HLF +3.3% (following Icahn comments at CNBC Delivering Alpha)
- BLDP +2.6% (in sympathy with PLUG)
- EQR +2.2% (declares a special cash dividend of $3/share)
- SGMS +1.9% (ticking higher, wins lottery technology contract in Germany)
Analyst comments:
- SSL +5.2% (upgraded to Buy from Neutral at Citigroup)
- CYH +4.5% (upgraded to Positive from Neutral at Susquehanna)
- EGO +4.4% (upgraded to Buy from Underperform at BofA/Merrill)
- M +2.1% (upgraded to Buy from Neutral at Citigroup)
- FFIV +1.6% (upgraded to Outperform from Perform at Oppenheimer)
- LVS +1.3% (upgraded to Buy from Hold at Argus)