>>> US Gapping up

Gapping up
In reaction to earnings/guidance
:

  • HIMX +7.1%, SMPL +2%, SGH +1.8%, UMC +1.5%

Other news:

  • CAHC +9.4% (LumiraDx to list on Nasdaq via merger with CA Healthcare Acquisition Corp)
  • NVST +8.9% (to join S&P MidCap 400)
  • AKBA +7.8% (FGEN's news is seen as a positive for AKBA's competing anemia drug candidate)
  • TMDX +6.9% (receives positive FDA Advisory Committee vote for OCS Heart System)
  • APDN +6.9% (enters into a Material Transfer Agreement that establishes a real-time surveillance program for the tracking of SARS-CoV-2 mutations in Northwell's COVID-positive specimens)
  • IDCC +6% (to join S&P SmallCap 600)
  • EBON +5.2% (responds to Hindenburg Report)
  • ALKS +5.2% (entered into a clinical trial collaboration and supply agreement with Merck (MRK) for a planned phase 3 study to evaluate nemvaleukin alfa in combination with KEYTRUDA in comparison to investigator choice chemotherapy in patients with platinum-resistant ovarian cancer)
  • NCLH +3.5% (US cruises could resume by mid-summer with restrictions, says CDC, according to Bloomberg)
  • CCL +3% (US cruises could resume by mid-summer with restrictions, says CDC, according to Bloomberg)
  • AER +2.5% (announced its major business transactions during the first quarter 2021)
  • RCL +2.3% (US cruises could resume by mid-summer with restrictions, says CDC, according to Bloomberg)
  • FOXA +2.1% (files suit against Flutter to enforce its rights to acquire interest in FanDuel)
  • SAIC +1.9% (awarded a contract worth ~$800 mln from US Army)
  • QGEN +1.3% (launches QIAseq DIRECT SARS-CoV-2 Kit)

Analyst comments:

  • KTB +2.8% (upgraded to Buy from Neutral at UBS)
  • ANF +2.4% (upgraded to Buy from Neutral at UBS)
  • LB +2.4% (upgraded to Buy from Neutral at UBS)
  • VIAC +2% (upgraded to Outperform from Peer Perform at Wolfe Research)
  • EPR +1.6% (upgraded to Buy from Underperform at BofA Securities)