Gapping up
In reaction to strong earnings/guidance:
In reaction to strong earnings/guidance:
- WAC +9.3%, EARS +7.1%, YY +4.5%, ALBO +4%, EGY +3.8%, DSW +3.3%,REN +3%, SCYX +2.3%
- PUK +2.2%, ATRS +1.2%, GRBK +1.2%, ENOC +0.9%, VALU +0.8%, TRHC +0.6%
M&A news:
- MGI +23.5% (Euronet Worldwide (EEFT) has made competing proposal to acquire MGI for $15.20/share)
- CBR +10.2% (confirms receipt of non-binding letter of interest from Ameri Holdings to acquire co for $0.75 per share)
- LCUT +5.8% (receives takeover offer for $20.00 per share from Mill Road Capital)
Other news:
- DRWI +34.8% (Signs new Master Sales and Services Agreement with Ingram Micro Australia)
- TDW +27.4% (Receives additional limited waiver extensions from its lenders and noteholders)
- ETRM +21.5% (Announced that its vBloc Neurometabolic Therapy for the treatment of obesity will be featured on the March 14 episode of the Emmy Award-winning syndicated daytime talk show The Doctors)
- SBOT +17% (Enters into a technology transfer and purchase agreement with Matrivax Inc related to Stellar's proprietary Clostridium difficile technology)
- TNXP +7.8% (announces that the U.S. Patent and Trademark Office has issued a Notice of Allowance for U.S. Patent Application covering composition and manufacture of tnx-102 sl)
- RTTR +4.7% (Discloses holding a a Type C informational meeting with the FDA)
- COKE +3.5% (To join the S&P SmallCap 600)
Analyst comments:
- ARRS +5.1% (upgraded to Buy from Neutral at Goldman)
- OPK +1.3% (initiated with a Buy at Guggenheim; tgt $25)
- LADR +0.9% (upgraded to Outperform from Market Perform at Wells Fargo)
- WMT +0.6% (added to US 1 List at BofA/Merrill)