Gapping up
In reaction to earnings/guidance:
- BILL +15.1%, GPS +8.5%, RPID +7.1%, UI +6.8%, WDAY +6.6%, HIBB +3.3%, RCEL +1.2%, CUBI +0.9% (issues in-line guidance; also authorizes share repurchase plan for up to 10% of shares outstanding), PTR +0.5%
Other news:
- SPRT +63.4% (extends momentum from 41% move on Thursday)
- NNA +40.5% (NMM to combine with NNA)
- MPLN +8.2% (announces $250 mln share repurchase program)
- AKTS +3% (has received a volume commercial order for its patented WiFi 6 XBAW filters from its second WiFi 6 OEM customer)
- FFIE +2.9% (PLTR invested $25 mln in FFIE before it went public, according to The Verge)
- HEAR +1.5% (Donerail Group responds; remains hopeful that good faith negotiations are still possible)
- MOR +1.1% (MOR and INCY announce European Commission approval of Minjuvi)
- CZR +1% (purchases minority interest in Horseshoe Baltime from JV partner)
Analyst comments:
- PLAY +3.6% (upgraded to Buy from Hold at Truist)
- FTCH +2.5% (upgraded to Overweight from Equal Weight at Wells Fargo)