Gapping up
In reaction to earnings/guidance:
- KELYA +8%, ROIV +8%, STNG +0.7%
Other news:
- BDSI +51.6% (Collegium (COLL) to acquire BioDelivery Sciences in an all-cash deal at a price of $5.60/share)
- IAG +3.5% (IAMGOLD and RCF reach agreement on changes to IAMGOLD Board of Directors)
- CLNN +3.3% (Clene along with its wholly owned subsidiary Clene Nanomedicine provides clinical program update)
- VMC +1.2% (increases quarterly dividend by 7.5% to $0.40/share)
- FLDM +1% (files preliminary proxy statement in connection with proposed strategic capital infusion from Casdin Capital and Viking Global Investors)
- MNTV +0.8% (Institutional Shareholder Services recommends shareholders vote "FOR" MNTV's previously announced transaction with Zendesk (ZEN))
- ZWS +0.7% (Zurn Water Solutions and Elkay Manufacturing Company reached a definitive agreement to combine the businesses in an all-stock transaction) .
Analyst comments:
- BE +4% (upgraded to Buy from Neutral at BofA Securities)
- GT +3.2% (upgraded to Overweight from Neutral at JP Morgan)
- MU +1.7% (upgraded to Outperform from Neutral at Wedbush)
