Gapping up
In reaction to strong earnings/guidance:
- AUDC +8.4%, CDNS +8.3%, SSNC +7.3% (sees Q3 earnings above estimates), HSTM +3.3%, ARCH +3.3%, CR +2.6%, ALKS +2%, HBAN +1.8%, HLX +1.4%, HOG +1.2%, RF +1%, UTX +0.5%, VZ +0.5%
M&A news:
- ARNC +2.6% (considering $11 bln offer from Apollo Group (APO), according to Reuters)
Other news:
- SENS +8.4% (Senseonics announced that Aetna (AET) is providing coverage for Eversense, effective immediately)
- TTPH +5.3% (presents data from two post-hoc analyses of pooled data from two Phase 3 IGNITE studies of XERAVA in patients with complicated intra-abdominal infections)
Analyst comments:
- PVTL +1.4% (initiated with Buy at Needham)
- ACRX +1.3% (initiated with a Buy at B. Riley FBR)
- LOW +0.5% (upgraded to Buy from Neutral at Citigroup)
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