>>> US Gapping Up

Gapping up
In reaction to earnings/guidance
:

  • AZTA +33% (also authorizes $1.5 bln share repurchase program), SHLS +20.8%, SE +15.9%, NU +13.8%, HUYA +11.3%, ENR +9.8%, TME +9%, DAVA +8.1%, WMT +6.7%, HLLY +5.4% (also names interim COO), ARMK +4.3%, AQUA +3.4%, RUM +2.1%, DLO +2%, VVV +1.1%, VVV +1.1%, .

Other news:

  • RUE +11.8% (AutoNation (AN) acquired ~6.1% minority ownership stake in TrueCar)
  • TSM +10.7% (Berkshire Hathaway (Warren Buffett) discloses as new position)
  • LPX +10.3% (Berkshire Hathaway (Warren Buffett) discloses as new position)
  • IMGN +9% (FDA accelerates approval of ELAHERE)
  • CLVT +8.9% (Elliott Mgmt (Paul Singer) discloses new position in 13F filing)
  • PATH +7.9% (approved further restructuring actions and reported prelim qtrly results with upside sales )
  • JEF +5.4% (Berkshire Hathaway (Warren Buffett) discloses as new position)
  • HCM +4.5% (Announces Strategy to Focus on Late-Stage Pipeline Regulatory Approvals)
  • CDLX +4.2% (terminates 51 employees)
  • RKLB +3.7% (USA CAPSTONE spacecraft reaches its lunar destination)
  • MGNI +3.4% (signs multi-year deal with Horizon Media)
  • ALIT +1.9% (prices secondary offering of 20.0 mln shares of common stock at $7.75 per share)
  • DPZ +1.8% (Pershing Square (Bill Ackman) discloses updated portfolio in 13F filing: Exited DPZ)
  • WIX +1.2% (Starboard Value confirms new WIX position in 13F filing)
  • AAPL +1.2% (offers MacBook deal to businesses to boost DecQ sales according to Bloomberg)
  • DDD +1.2% (announces strategic partnership with Wematter) 
  • YOU +1% (partners with Aerostar Airport to launch service in first airport outside continental US)

Analyst comments:

  • ITUB +1.4% (upgraded to Overweight from Equal Weight at Barclays)
  • FMC +0.7% (upgraded to Buy from Hold at Loop Capital)