Gapping up
In reaction to strong earnings/guidance:
- NGL +6.3%, NSP +6%, QSR +2.1%, CCJ +0.9%, DO +0.8%
Other news:
- CAMT +17.3% (announces that Chroma Ate will acquire an approximately 20.5% stake for $9.50/share)
- NUVA +16.9% (NuVasive said to be in talks to be acquired by Smith & Nephew (SNN), according to the FT)
- AOBC +3.7% (releases shareholder requested report on product safety measures and monitoring of industry trends)
- EGY +2.9% (announces 76% increase in proved reserves at year-end 2018)
- PYX +2.6% (continued strenght)
- VALE +1.7% (provides various updates on dam disaster; co hires expert panel to assist in investigation)
Analyst comments:
- PRTO +15.1% (upgraded to Mkt Outperform from Mkt Perform at JMP Securities; tgt $9)
- CAR +6.5% (upgraded to Buy from Sell at Goldman)
- CSIQ +4% (upgraded to Neutral from Sell at UBS)
- EA +3.1% (upgraded to Buy from Neutral at BofA/Merrill)
- TSLA +2.3% (upgraded to Buy from Hold at Canaccord Genuity)
- ADI +1.4% (upgraded to Buy from Neutral at BofA/Merrill)
- HAS +0.7% (upgraded to Buy at Monness Crespi & Hardt)