Gapping up
In reaction to earnings/guidance:
- PGY +16.9%, IONQ +7.5%, ADVM +6.6% (also completes enrollment of phase 2 LUNA Trial), SVV +5.8%, BAP +4%, RCEL +3.4%, AMLX +2.3%, SPB +2.1%, FLO +2%, IAG +1.3%, AKRO +1%
Other news:
- ACHR +24% (ACHR and BA resolve federal and state litigation; accelerates path to market: secures $215m investment from Stellantis (STLA) Boeing (BA) United Airlines (UAL) ARK Invest (ARKK) and others)
- GNFT +3.5% (new data published relating to NIS2+)
- NMG +3.3% (provides a quarterly operational update)
- VINP +1.7% (increases dividend)
- NXST +1.6% (NXST, SSP, SBGI, and GTN interested in sports rights according to CNBC)
- PSN +1.4% (selected by US Cyber Command to continue support)
- VSTO +1.4% (to rebrand as The Kinetic Group following spinoff)
- THS +0.9% (10% owner JANA Partners discloses purchase of 41500 shares)
- VRCA +0.9% (announces presentation of data from phase 2 study of VP-315)
Analyst comments:
- CCOI +2.7% (upgraded to Outperform from Market Perform at TD Cowen)
- DOCN +1.4% (upgraded to Equal-Weight from Underweight at Morgan Stanley)
- SBRA +0.9% (upgraded to Neutral from Underperform at BofA Securities)