Gapping up
In reaction to strong earnings/guidance: GTXI +23.4%, (light volume), FTEK +18.9%, (light volume), CGA +9.6%, PERI +8.7%, UNIS +6.3%, (light volume), SLTM +5.5%, CIMT +5.4%, DISH +4.4%, ANFI +2%, VSAT +1.4%, AGO +1.3%, SPRD +1.1%, VOD +1.1%, YONG +0.6%, (light volume).
Other news: LLEN +6.1% (light volume, L&L Energy management provides full rebuttal and supporting documentation to special committee), NQ +5.3% (following Toro stake disclosure), HTLD +4.7% (acquires Gordon Trucking), VISN +4.4% (continued strength), ELX +2.5% (announces new three-part initiative to improve profitability and enhance shareholder value; initiative includes a $200 mln capital return plan, a new cost savings program and board transformation; to offer up to $125 mln aggregate principal amount of Convertible Senior Notes due 2018 in a private offering, upgraded to Overweight from Neutral at Piper Jaffray), ARNA +2.3% (still checking), OREX +2% (Orexigen Therapeutics and Takeda announce multiple Contrave data presentations at the ObesityWeek meeting in Atlanta), SNE +1.1% (Bloomberg discusses that SNE plans to meet analyst estimates of 3 mln PS4s sold), DDD +0.8% (continued strength), RIG +0.1% (Barron's profiles positive view on Transocean ).
Analyst comments: LF +2.4% (upgraded to Outperform from Market Perform at BMO Capital) YELP +1% (Yelp tgt to $80 from $50 at Jefferies), SEAS +0.6% (upgraded to Buy from Neutral at Citig), QCOM +0.4% ( initiated with a Buy at Jefferies)