Gapping up
In reaction to strong earnings/guidance:
- PYX +15.2%, MIME +11.9%, CHGG +10%, RAMP +7.8%, ONDK +5.7%, SBLK +3.9%, BRKR +3.1%, UAA +2.9%, RNG +2.8%, BHF +2.8%, JLL +2.6%, ROAD +2.1%, MOH +1.4%, ARCC +0.9%
M&A news:
- COTY +18.3% (JAB commences tender offer to acquire up to 150 million additional shares of COTY at $11.65/share in cash)
Other news:
- VKTX +7.4% (attributed to GILD news that competing compound did not meet primary endpoint)
- EA +7.3% (following Apex Legends update -- has more than 25 million players)
- MDGL +6% (attributed to GILD news that competing compound did not meet primary endpoint)
- ICPT +3.1% (attributed to GILD news that competing compound did not meet primary endpoint)
- JBLU +1.3% (reports preliminary traffic results for January 2019)
- AMZN +1% (Amazon to acquire eero; terms not disclosed)
Analyst comments:
- PBR +3.8% (upgraded to Buy from Neutral at UBS)
- RIO +1% (upgraded to Buy from Neutral at Goldman)
