Gapping up
In reaction to earnings/guidance:
- GS +2.5%, USB +1.8%, PNC +1.8%, ABG +0.7%, UNH +0.6%
Other news:
- MDRX +36.9% (to sell CarePort Health business to WellSky for $1.35 bln)
- TLC +13% (reports the first subject has been enrolled in the Phase I clinical trial of TLC19 for treatment of COVID-19)
- THTX +8.8% (confirms issuance of US patent covering use of tesamorelin)
- VERI +8.3% (announced a new agreement with South China Morning Post)
- GME +5.6% (Senvest Mgmt discloses 5.54% stake)
- BBBY +5.4% (to sell certain non-core assets)
- PLAY +2% (provides an update on the status of store re-openings)
- FROG +1.7% (announces free subscription of its DevOps Platform)
- PASG +1.4% (announces publication of preclinical data)
- NVMI +1.4% (prices offering of $175 mln of 0% Convertible Senior Notes due 2025)
- RNR +1.3% (provides update on catastrophe losses)
- VNOM +1.1% (provides operational update for Q3)
- ATEC +1% (prices offering of 11,428,570 shares of its common stock at $8.75 per share)
- ETON +1% (stock offering)
Analyst comments:
- NIO +10.3% (upgraded to Overweight from Neutral at JP Morgan)
- AXTA +2.4% (added to Conviction Buy List at Goldman)
- AZO +1.4% (upgraded to Strong Buy from Outperform at Raymond James)
- FOUR +1.2% (upgraded to Neutral from Sell at Compass Point)