Gapping up
In reaction to strong earnings/guidance:
- PBYI +28.9%, GPS +20.9% (also announced plans to separate into two publicly traded companies), FNKO +17.6%, ZS +16.1%, FTCH +15.2%, FL +13.1%, XRAY +12.1%, HABT +11.8%, AMC +8.3%, OMER +7.1%, WPP +6.7%, SPLK +5.5%, DCO +3.7%, VMW +3.6%, MBI +3.5%, CBAY +3.2%, ADSK +3%, CARG +3%, SWN +2.8%, SSP +2.8%, MTZ +2.5%, DRYS +2%, MAIN +1.9%, AIMT +1.9%, EDIT +1.8%, JWN +1.5%, RBA +1.5%, DELL +1.4%, UPWK +1.2%, AMBC +1.2%, WDAY +1.1%, TRCO +1.1%, HUM +1%
Other news:
- YGYI +4.8% (Khrysos Industries closed on 45-acre tract of land in Florida; will be home to post processing tolling facility, an R&D facility )
- EBAY +3.6% (announces strategic initiatives to enhance performance -- will add independent directors to Board, conduct strategic review of portfolio, enters cooperation agreement with activists Elliott Management & Starboard)
- ASHR +2.5% (CSI 300 China A-Shares ETF higher on MSCI news - MSCI will increase the weight of China A shares in the MSCI Indexes)
- CZR +2.1% (Announces Agreement with Carl Icahn; Three New Directors Appointed to Board)
- TTM +1.4% (said to be exploring options for Jaguar Land Rover unit -- Bloomberg)
- HLT +1% (authorizes repurchase of an additional $1.5 bln of common stock)
Analyst comments:
- ICPT +3.3% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- HTZ +2.7% (upgraded to Equal Weight from Underweight at Barclays)
- EXPE +1.8% (upgraded to Buy from Hold at Argus)
- LB +1.7% (upgraded to Overweight from Equal Weight at Barclays)
