Gapping up
In reaction to strong earnings/guidance:
- DCIX +30.3%, FL +22.9%, ANF +22.7%, SCVL +21.1%, HIBB +18.9%, SPLK +14.9%, NGVC +9.8%, ROST +8.8%, GPS +7.7%, BKE +7%, SFUN +5.6%, AMAT +3.7%, GLOB +2.1%, LXFT +1.2%, ASND +0.5%
M&A news:
- FOXA +7.5% (WSJ reported Comcast may be interested in Fox acquisition)
- TIME +4% (WSJ reporting MDP bid for TIME in $17-20 per share range)
Select Cable related names trading higher in sympathy with the M&A reports:
- DISCA +4.4%, LGF.A +2%, TWX +0.8%, VIAB +0.6%
Other news:
- MYOS +5.9% (CEO disclosed purchase of 25000 shares worth approx)
- IPAS +4% ( enters into common stock purchase agreement with Aspire Capital for the sale of 1,867,692 shares of iPass common stock at $0.54 per share for proceeds of $1,000,000)
- TSLA +3.7% (introduces new Semi truck & roadster electric models; J.B. Hunt Transport Services (JBHT) placed a reservation to purchase multiple Tesla Semi tractors to be manufactured by Tesla)
- MXWL +3.4% (Director disclosed purchase of 250K shares valued at approx $1.3 mln)
- AGIO +2.7% (reports Phase 1 study evaluating single agent ivosidenib)
- NKE +2.3% (increases quarterly dividend to $0.20/share from $0.18/share)
Analyst comments:
- SQ +1.3% (upgraded to Outperform from In-line at Evercore ISI)
- OXY +1.3% (added to Conviction Buy list at Goldman)
