>>> US Gapping up

Gapping up
In reaction to strong earnings/guidance
:

  • KMX +4.2%

Select oil/gas related names showing strength:

  • BP +1.8%, TOT +1.5%, RIG +1.4%, HAL +1.1%, RDS.A +0.9%, MRO +0.9%, SLB +0.5%

Other news:

  • VSTM +3.8% (oral presentation highlighting supportive Phase 1 clinical data for duvelisib in patients with relapsed or refractory peripheral T-cell lymphoma)
  • QUAD +2.6% (DOJ sues to block Quad's acquisition of LSC Comm [LKSD])

Analyst comments:

  • MBIO +6.5% (initiated with Overweight rating and $7 tgt at Cantor Fitzgerald)
  • MEET +4.6% (initiated with Outperform at Oppenheimer)
  • AXGT +2.9% (initiated with an Outperform at SVB Leerink)
  • FNKO +1% (initiated with Buy rating at DA Davidson)
  • KEY +0.8% (upgraded to Outperform from Neutral at Robert W. Baird)