Gapping up
In reaction to earnings/guidance:
In reaction to earnings/guidance:
- ALSN +21.9%, LYFT +21.8%, HOOD +16%, PSN +9%, MCY +8.4%, REZI +8.3%, ANGI +7%, KTOS +7% (also announces $579 mln contract win for Space Force SATCOM C2 System), MRC +6.2%, ZG +5.8%, SITE +5.8%, HCSG +5.7%, IAC +5.5%, DVA +5.4%, IQV +5.2%, BXMT +4.6%, EAF +4.5%, CHEF +4.3%, CGAU +4% (guidance), CRL +3.7%, MIR +3.5%, LPX +3.4%, CEVA +3.2%, OC +2.9%, ATMU +2.9%, STNG +2.8%, SONY +2.4%, SAGE +2.1%, RUSHA +1.9%, WMB +1.9%, KRNT +1.9%, VGR +1.8%, ENTG +1.7%, GOLD +1.6% (also announced buyback), WIRE +1.5%, SSNC +1.4%, TSEM +1.3%, DBD +1.3%
Other news:
- ENGN +63.9% (announces oversubscribed $200 million private placement financing)
- LRMR +11.3% (commences stock offering)
- FLYX +8.2% (Third Point (Daniel S. Loeb) discloses 7.9% active stake)
- UBER +6.4% (in sympathy with LYFT earnings; announces that its Board of Directors has authorized the repurchase of up to $7 bln of the company's common stock; provides 3-year outlook in Investor Day presentation slides)
- CDXS +5.3% (enters into loan facility agreement)
- PLUG +4.3% (announces strategic expense reduction plan to save more than $75 million annually)
- GLSI +4% (Provides Update on Phase III Clinical Trial Flamingo-01)
- IMUX +3.4% (stock offering by selling shareholders)
- VTGN +3.3% (files $350 mln mixed shelf securities offering)
- MRCY +3.3% (JANA increases active stake)
- BWXT +3.1% (unit awarded $122 mln contract extension for uranium downblending services)
- SANA +2.4% (Cell Stem Cell publishes article)
- DASH +2.2% (in sympathy with CART earnings)
- GOLD +1.6% (has authorized a new program for the repurchase of up to $1.0 bln of the Company's outstanding common shares over the next 12 months at prevailing market prices in accordance with applicable law)
- HL +1.5% (reports exploration results and reserves)
- SOVO +1.5% (SOVO and CPB certify substantial compliance with Second Request from FTC)
- MANU +1.3% (Sir Jim Ratcliffe and Trawlers Limited extend tender offer for up to 25% of the outstanding Class A Shares of Manchester United plc)
Analyst comments:
- S +5.4% (upgraded to Buy from Neutral at BofA Securities)
- HPQ +1.9% (upgraded to Buy from Hold at HSBC Securities)
- BRKR +1.6% (upgraded to Overweight from Neutral at JP Morgan)
- C +1% (upgraded to Overweight from Neutral at Piper Sandler)