>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:
  • CAAP +5.2%, ROST +4.7%, MSGE +2.1%, AMAT +1.9%
Other news:
  • HE +20.6% (issues response to Maui wildfires and efforts to restore electricity; as of August 17 approximately 1900 customers in West Maui remained without electricity; co is supporting emergency response efforts; goal is not to restructure the company)
  • DLB +6.1% (to join S&P MidCap 400)
  • BARK +2.5% (authorizes new $7.5 mln share repurchase program)
  • BLFY +1.6% (authorizes new 5% share repurchase program)
  • STAA +1.6% (to move to S&P SmallCap 600 from S&P MidCap 400)
  • APPF +1.4% (to reduce its workforce by nearly 9%)
  • FIVE +0.9% (in sympathy with ROST earnings)
  • BURL +0.6% (in sympathy with ROST earnings)
Analyst comments:
  • STRA +2.2% (upgraded to Buy from Neutral at BofA Securities)