Gapping up
In reaction to strong earnings/guidance:
- COTY +9.6%, USNA +8.6%, UMC +8%, QGEN +6.7%, YRCW +5.9%, JKHY +4.1%, ABB +4.1%, UNM +3.8%, MCHP +3.2%, NVO +3.2%, CPRI +3.2%, GTES +2.9%, ETH +2.3%, HUM +2.1%, AINV +2%, PAGP +2%, IPHI +2%, GPI +2%, CERN +1.9%, CB +1.7%, VIAV +1.6%, CMG +1.6%, PRU +1.6%, OI +1.5%, M +1.2% (guides lower, to close stores), MWA +1%
M&A news:
- ICE +3.5% (rebounding following ICE's confirmation that no negotiations are taking place with EBAY)
Other news:
- IRET +3.9% (to be added to the S&P SmallCap 600)
- PHAS +3.6% (presents case study highlighting PB1046 hemodynamic data)
- ORN +3% (announces contract award)
- GTES +2.9% (names new CFO)
- CERN +1.9% (CompuGroup to acquire certain Cerner assets in Germany and Spain)
Analyst comments:
- ABUS +14.2% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities)
- BLDR +3.7% (upgraded to Buy from Neutral at DA Davidson)
- SM +3.6% (upgraded to Equal Weight from Underweight at Barclays)
- HALO +3.3% (upgraded to Overweight from Neutral at Piper Sandler)
- RDS.A +2.4% (upgraded to Buy from Hold at Santander)
- IPHI +2.1% (upgraded to Buy from Neutral at Rosenblatt)
- TOL +1.8% (upgraded to Outperform from Sector Perform at RBC Capital Mkts)
- RL +1.4% (upgraded to Neutral from Underperform at BofA/Merrill)