>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:
  • PINS +16.6%, LUNG +12.9%, WOLF +12.7%, GPRE +11.1%, ANET +10.4%, SSTK +10%, TREX +8.5%, GPN +7.9%, VRNS +6.8%, RYI +5.9%, KMPR +5.4%, ZBRA +5.4%, OTTR +5%, XYL +4.9%, HRMY +4.8%, MPWR +4.5% (also announced $640 mln for repurchases), CCJ +4.3%, BUD +4.1%, ETN +3.9%, QGEN +3.7%, COCO +3.6%, STLA +3.5%, DEA +3.4%, ARGX +2.9%, RGEN +2.9%, KFRC +2.7%, THC +2.5%, AGCO +2.5%, CWK +2.1%, TWO +2.1%, ABEV +2.1%, BLD +2.1%, OGS +2%, AGNC +2%, SITC +2% (also spinning off its Convenience portfolio), GPK +2%, ACGL +1.9%, AME +1.9%, INCY +1.9%, NBIX +1.7%, INST +1.6%, ALLE +1.5%, GVA +1.5%, ETRN +1.4%, LDOS +1.3%, MPC +1.3%, EQC +1.2%, SPG +1.1%, PSA +1.1%, GEHC +0.9%
Other news:
  • BEAM +7.3% (Eli Lilly (LLY) to acquire certain rights under BEAM's collaboration agreement with Verve Therapeutics (VERV))
  • VERV +5.1% (Eli Lilly (LLY) to acquire certain rights under BEAM's collaboration agreement with Verve Therapeutics (VERV))
  • ZYXI +4.8% (to evaluate potential strategic alternatives)
  • WE +3.9% (details Forbearance Agreement)
  • LLY +1.7% (Eli Lilly (LLY) to acquire certain rights under BEAM's collaboration agreement with Verve Therapeutics (VERV))
  • INST +1.6% (to acquire Parchment for $835 mln)
  • IMO +1.2% (announces terms of its substantial issuer bid for up to CAD1500000000 and receipt of exemptive relief )
Analyst comments:
  • DCPH +3.5% (upgraded to Buy from Hold at JonesTrading)
  • ABG +2.6% (upgraded to Overweight from Neutral at JP Morgan)
  • AN +1.4% (upgraded to Neutral from Underweight at JP Morgan)
  • PAC +1.4% (upgraded to Outperform from Underperform at Bradesco BBI)
  • SOFI +0.9% (upgraded to Equal-Weight from Underweight at Morgan Stanley)