Gapping up
In reaction to earnings/guidance:
- BEKE +7.5%, NNDM +3.1%
Other news:
- CTT +35.3% (CatchMark Timber Trust and PotlatchDeltic (PCH) to combine in an all-stock transaction)
- AUY +15.9% (Yamana Gold to be acquired by Gold Fields (GFI) for $6.7 bln)
- ELDN +7.8% (topline results from phase 2a trial of tegoprubart demonstrating safety target engagement and biomarker response in patients living with amyotrophic lateral sclerosis)
- AMC +7.5% (strong "Top Gun: Maverick" box office showing)
- SWVL +4.9% (announces portfolio optimization program to turn cash flow positive in 2023)
- CVE +3% (Cenovus Energy and its partners have agreed to restart the West White Rose Project offshore Newfoundland and Labrador)
- JKS +2.5% (signs a new agreement with Aldo Solar for the distribution of 600 MW N-type Tiger Neo modules)
- BTAI +1.2% (files for 278520 share common stock offering by selling shareholders)
- GCMG +1.2% (files for $350 mln mixed securities shelf offering)
Analyst comments:
- DISH +5.4% (upgraded to Buy from Hold at Truist)
- NVO +3% (upgraded to Buy from Neutral at Guggenheim)
- GRAB +2.9% (upgraded to Outperform from Mkt Perform at Bernstein)
- ZM +1.7% (upgraded to Outperform from Underperform at Daiwa Securities)
- MRCY +1.1% (upgraded to Outperform from Neutral at Robert Baird)