>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:
  • SNAP +25.8%, ULH +15.5%, GOOG +12.1% (also initiates dividend at $0.20/sh; also authorizes share repurchase up to additional $70 bln), EXPO +11%, APPF +10.8%, RMD +10.7%, COLM +10.1%, SKX +9.8%, SAM +8.7%, FIX +7.3% (also increases dividend), NWL +7.2%, SXT +5.9%, EAF +5.6%, AJG +5.5%, NWG +5.3%, TEX +5.2%, MSFT +4.4%, CUBE +3.9%, WT +3.8%, CSL +3.4%, CNC +3.4%, AB +3.1%, DOC +2.9%, AEM +2.8%, WY +2.7%, SKYW +2.5%, ALV +2.5%, OLN +2.2%, CL +1.9%, POR +1.7%, COLB +1.6%, CUBI +1.6%, BALL +1.6%, EGO +1.4%, CINF +1.3%, WDC +1.1%, KLAC +1.1%, ROG +1.1%, FTAI +1%, MTX +1%, TBBB +1%
Other news:
  • SLCA +17.5% (enters into definitive agreement to be acquired by Apollo (APO) funds for $1.85 bln or $15.50/share in cash; also reported earnings)
  • INMB +5% (successfully completes extended stability validation for XPro continuous storage)
  • PINS +4.7% (in sympathy with GOOG earnings)
  • STRA +2.3% (stock offering by selling shareholder)
  • BLTE +2% (announces $25 million registered direct offering)
  • DBD +1.7% (names new CFO)
  • BAP +1.5% (increases dividend)
  • MARA +1.3% (increases hash rate target for 2024)
  • OSK +1.1% (awarded an additional delivery order valued at $40 mln)
Analyst comments:
  • SAH +5% (upgraded to Buy from Underperform at BofA Securities)
  • KTOS +4.7% (upgraded to Strong Buy from Outperform at Raymond James)
  • SPOT +1.8% (upgraded to Buy from Accumulate at Phillip Securities)
  • DOW +1.3% (upgraded to Overweight from Neutral at JP Morgan)
  • LMAT +1.2% (upgraded to Buy from Hold at Stifel) VC +0.9% (upgraded to Equal Weight from Underweight at Wells Fargo)
  • WDC +0.8% (upgraded to Buy from Hold at The Benchmark Company)