Gapping up
In reaction to earnings/guidance:
- FFIV +10.2%, LOGI +7%, SHW +5.2%, ZWS +5%, UL +4.6%, IPAR +3.9% (guidance), GE +3.9%, XRX +3.9%, LTH +3.3%, RGP +3%, PJT +2.7%, VZ +2.7%, BRO +2.6%, MMM +2.4%, MSCI +2.4%, WSFS +2.1%, HSTM +2%, VLRS +2%, GM +1.8%, PHM +1.6%, NXPI +1.4%, BIIB +1.2%, NXGN +1.1%, ST +1.1%, KMB +1%, SSD +0.9%
Other news:
- NIO +4.8% (CYVN Investments disclosed 7.7% stake)
- APE +2.8% (moving higher potentially due to court filing) SSL +2.8% (provides FY23 sales and production update)
- MCFT +1.1% (authorizes $50 mln repurchase program)
- MDC +1% (increases dividend)
Analyst comments:
- DDOG +3.6% (upgraded to Outperform from Peer Perform at Wolfe Research)
- ZS +2.7% (upgraded to Buy from Neutral at BTIG Research)
- META +1.2% (upgraded to Buy from Neutral at New Street)
- WMT +1.1% (upgraded to Overweight from Neutral at Piper Sandler)